Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of State Bank Of India for its Piska More branch in Ranchi, Ranchi, or Jharkhand, this guide will help you with all the details.

There have been major changes in the banking sector in India and today, the customers of State Bank Of India located in Ranchi or anywhere in Jharkhand can transfer funds instantly by using the correct IFSC Code SBIN0012619. You should definitely know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.

Details of IFSC Code for State Bank Of India, Piska More, Ranchi

Here are the key points that are associated with the IFSC Code SBIN0012619 of State Bank Of India for its branch located in Ranchi, within the district of Ranchi in the state of Jharkhand.

Particulars Details
Bank State Bank Of India
IFSC Code SBIN0012619
Branch Piska More
City Ranchi
District Ranchi
State Jharkhand
Address H By O Tssatpathy,Laxmi Narayan Complex,Itki Road,Ranchi,Distranchi 834005

These details are essential not only for online banking users but also for businesses and individuals who use State Bank Of India in Ranchi for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0012619 for the Piska More branch of State Bank Of India plays an important role.

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 SBIN0012619 is given to every bank branch, including State Bank Of India located in Piska More, 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 Ranchi.
  • 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 Piska More doesn't end up at another location.

Format of the IFSC Code SBIN0012619

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

AAAA0CCCCCC

Here's the breakdown:

  • First 4 characters (AAAA): Show the bank code. For State Bank Of India, these letters represent the bank's short name.
  • 5th character: Is always zero and is kept for future use.
  • Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Piska More in Ranchi.

For example, the IFSC Code SBIN0012619 of State Bank Of India for the Piska More branch includes 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 trying to find the IFSC Code SBIN0012619 of State Bank Of India for its Piska More branch located in Ranchi, the following methods can help:

Cheque Book

The cheque book issued by State Bank Of India includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.

Passbook

You can easily find the IFSC and MICR codes because most banks, including State Bank Of India branches in Ranchi and Ranchi, print them on the first page of your passbook.

Bank Website

Visit the official website of State Bank Of India and navigate to the branch locator section. Search for Piska More or Ranchi to get the exact IFSC Code SBIN0012619.

Mobile Banking App

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

RBI Website

The Reserve Bank of India keeps an updated list of all IFSC codes. If you search for State Bank Of India and Ranchi, you'll get the correct details.

How to Use IFSC Code SBIN0012619 for Online Transfers?

If you have the IFSC Code SBIN0012619 for the Piska More 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 SBIN0012619. 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 SBIN0012619.

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 Piska More in Ranchi, it may result in delayed or failed transactions.

Finding the MICR Code

MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of State Bank Of India in Piska More, you can find it by any of the following ways:

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

Having both IFSC and MICR codes helps account holders in Ranchi manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

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

The IFSC Code is SBIN0012619.

Is the IFSC Code SBIN0012619 permanent?

Yes, but there can be changes during mergers or restructuring.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and the IFSC is for online transfers.

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

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

What is the full address of the Piska More branch?

The address of the branch is H By O Tssatpathy,Laxmi Narayan Complex,Itki Road,Ranchi,Distranchi 834005 located in Ranchi, Ranchi, 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.

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