IFSC Code of State Bank Of India, Barapani, Ribhoi, Meghalaya — SBIN0002010

There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of State Bank Of India for its Barapani branch in Ri Bhoi, Ribhoi, Meghalaya, then this comprehensive guide will provide you with detailed information.

The banking system in India has changed over time, and today the customers of State Bank Of India situated in Ri Bhoi or anywhere in Meghalaya can easily transfer funds instantly by using the correct IFSC Code SBIN0002010. You should 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, Barapani, Ri Bhoi

Here are some of the key details that come with the IFSC Code SBIN0002010 of State Bank Of India for its branch located in Ri Bhoi, within the district of Ribhoi in the state of Meghalaya.

These details are important not only for users using online banking but also for businesses and individuals who use State Bank Of India in Ri Bhoi for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code SBIN0002010 for the Barapani 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 provided by the Reserve Bank of India. Every bank branch, along with State Bank Of India located in Barapani, Ri Bhoi, Meghalaya, are given a unique IFSC like SBIN0002010 to ensure that online payments reach the right destination.

The IFSC Code is important because:

• It clearly tells which bank branch it is in Ri Bhoi.
• It helps NEFT, RTGS, and IMPS systems route the transfer securely.
• It prevents any kind of confusion between different branches of the same bank in places like Ri Bhoi and Ribhoi.
• It reduces errors in fund transfers and improves accuracy.
• It helps the sender banks to validate and confirm branch details before processing payments.

It helps ensure that any money sent to State Bank Of India in Barapani goes to the correct branch. This is important because State Bank Of India has thousands of branches in Meghalaya and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code SBIN0002010

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 Barapani in Ri Bhoi.

For example, the IFSC Code SBIN0002010 of State Bank Of India for the Barapani branch includes these elements, identifying the bank and the branch location in Ri Bhoi and Meghalaya correctly.

How to Find IFSC Code for State Bank Of India?

To find the IFSC Code SBIN0002010 of State Bank Of India for its Barapani branch located in Ri Bhoi, the following methods can help you out:

Cheque Book

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

Passbook

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

Bank Website

Visit the official website of State Bank Of India and go to the branch locator section. Then search for Barapani or Ri Bhoi to find the exact IFSC Code SBIN0002010.

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 maintains an updated database of all IFSC codes. Searching for State Bank Of India and Ri Bhoi will provide accurate information.

How to Use IFSC Code SBIN0002010 for Online Transfers?

If you have the IFSC Code SBIN0002010 for the Barapani branch of State Bank Of India in Ri Bhoi, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code SBIN0002010. 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 SBIN0002010.

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 Barapani in Ri Bhoi, it may result in delayed or failed transactions.

Finding the MICR Code

MICR codes are used for cheque clearance and differ from IFSC codes. If you are looking for the MICR code of State Bank Of India in Barapani, here are some ways to obtain 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.

Having both the IFSC and MICR codes makes it easy for account holders in Ri Bhoi to handle online money transfers and get their cheques cleared smoothly.