The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of State Bank Of India for its Neori branch in Ranchi, Neori, Jharkhand, this complete guide will provide you with detailed information.

The banking system in India has changed over the years, and today customers of State Bank Of India located in Ranchi or anywhere in Jharkhand can transfer funds instantly by using the correct IFSC Code SBIN0015933. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for State Bank Of India, Neori, Ranchi

The table below shows the main details of the IFSC Code SBIN0015933 for the State Bank Of India branch in Ranchi, which falls under the Neori district in Jharkhand.

Particulars Details
Bank State Bank Of India
IFSC Code SBIN0015933
Branch Neori
City Ranchi
District Neori
State Jharkhand
Address Pahan Complex, C/O Sanjay Munda, Neori, Opposite Vikas Vidyalaya, Neori. Distt Ranchi,Jharkhandpin 835217

These details are important not only for users using online banking but also for businesses and individuals who use State Bank Of India in Ranchi for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code SBIN0015933 for the Neori branch of State Bank Of India is vital.

What Is IFSC Code and Why Is It Important?

IFSC stands for Indian Financial System Code, an 11-character alphanumeric code that is provided by the Reserve Bank of India. A unique IFSC like SBIN0015933 is given to every bank branch, including State Bank Of India located in Neori, Ranchi, Jharkhand, to make sure that online payments reach the right place.

The IFSC Code is important because:

  • It uniquely identifies the State Bank Of India branch in Ranchi.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any kind of confusion between multiple branches of the same bank across different places like Ranchi and Neori.
  • It removes errors in fund transfers and improves accuracy.
  • It lets the sender banks validate and confirm branch details before they process the payments.

There are thousands of branches across Jharkhand and the rest of India, which is why the IFSC Code ensures that transactions meant for State Bank Of India in Neori doesn't end up at another location.

Format of the IFSC Code SBIN0015933

The format of the IFSC Code for banks, including State Bank Of India, follows an 11-character structure:

AAAA0CCCCCC

Here's the breakdown:

  • First 4 characters (AAAA): These represent the bank code. In State Bank Of India, they are a short identifier for the bank.
  • 5th character (0): This is always zero and is reserved for future use.
  • Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Neori in Ranchi.

For example, the IFSC Code SBIN0015933 of State Bank Of India for the Neori branch has these elements, identifying the bank and the branch location in Ranchi and Jharkhand correctly.

How to Find IFSC Code for State Bank Of India?

If you are looking for the IFSC Code SBIN0015933 of State Bank Of India for its Neori branch located in Ranchi, the following methods can help:

Cheque Book

The cheque book that is issued by State Bank Of India includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.

Passbook

Most of the banks, including State Bank Of India branches in Ranchi and Neori, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

You can visit the official website of State Bank Of India and look for the branch locator section, then search for Neori or Ranchi to get the exact IFSC Code SBIN0015933.

Mobile Banking App

If you use State Bank Of India's mobile app, you can check your account details to easily find your branch's IFSC code.

RBI Website

The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for State Bank Of India and Ranchi, then it will provide you proper information.

How to Use IFSC Code SBIN0015933 for Online Transfers?

If you have the IFSC Code SBIN0015933 for the Neori branch of State Bank Of India in Ranchi, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code SBIN0015933. Transfers are processed in batches. Suitable for personal and business payments.

RTGS

Used for high-value payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.

IMPS

Instant 24×7 transfers. Asks for the recipient's account details and State Bank Of India IFSC Code SBIN0015933.

Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for State Bank Of India Neori in Ranchi, it may result in delayed or failed transactions.

Finding the MICR Code

MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of State Bank Of India in Neori, here are some of the ways you can get it:

  • Check the bottom of your cheque leaf.
  • Refer to the first page of your passbook.
  • Visit the official State Bank Of India website.
  • Search the RBI portal.

Knowing both IFSC and MICR code can help account holders in Ranchi manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

What is the IFSC Code of State Bank Of India in Neori, Ranchi?

The IFSC Code is SBIN0015933.

Is the IFSC Code SBIN0015933 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

Where can I find the IFSC Code of State Bank Of India Neori?

You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Neori branch?

The address of the branch is Pahan Complex, C/O Sanjay Munda, Neori, Opposite Vikas Vidyalaya, Neori. Distt Ranchi,Jharkhandpin 835217 located in Ranchi, Neori, Jharkhand.

What is the use of IFSC Code in online banking?

The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.