For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of State Bank Of India for its Nurpur Bedi A.D.B. branch in Rupnagar, Nurpur Kalan, Punjab, this comprehensive guide will provide you with detailed information.

The banking system in India has changed significantly over the years, and today customers of State Bank Of India located in Rupnagar or anywhere in Punjab can transfer funds instantly by using the correct IFSC Code SBIN0050166. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for State Bank Of India, Nurpur Bedi A.D.B., Rupnagar

Here are some of the key details that come with the IFSC Code SBIN0050166 of State Bank Of India for its branch located in Rupnagar, within the district of Nurpur Kalan in the state of Punjab.

Particulars Details
Bank State Bank Of India
IFSC Code SBIN0050166
Branch Nurpur Bedi A.D.B.
City Rupnagar
District Nurpur Kalan
State Punjab
Address Vpo Nurpur Bedi Teh Anandpur Sahib 140117

These details help users in online banking and for businesses and individuals who use State Bank Of India in Rupnagar for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0050166 for the Nurpur Bedi A.D.B. branch of State Bank Of India has a very important role.

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 Nurpur Bedi A.D.B., Rupnagar, Punjab, are given a unique IFSC like SBIN0050166 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Rupnagar.
  • 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 Rupnagar and Nurpur Kalan.
  • 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 Nurpur Bedi A.D.B. goes to the correct branch. This is important because State Bank Of India has thousands of branches in Punjab and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code SBIN0050166

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

AAAA0CCCCCC

Here's the breakdown of this:

  • First 4 characters (AAAA): Represent the bank code. For State Bank Of India, these characters are the bank's short identifier.
  • 5th character (0): Always zero which is reserved for future use.
  • Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Nurpur Bedi A.D.B. in Rupnagar.

For example, the IFSC Code SBIN0050166 of State Bank Of India for the Nurpur Bedi A.D.B. branch includes these elements, identifying the bank and the branch location in Rupnagar and Punjab accurately.

How to Find IFSC Code for State Bank Of India?

If you are trying to find the IFSC Code SBIN0050166 of State Bank Of India for its Nurpur Bedi A.D.B. branch located in Rupnagar, 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 Rupnagar and Nurpur Kalan, 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 Nurpur Bedi A.D.B. or Rupnagar to get the exact IFSC Code SBIN0050166.

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 Rupnagar, you'll get the correct details.

How to Use IFSC Code SBIN0050166 for Online Transfers?

If you have the IFSC Code SBIN0050166 for the Nurpur Bedi A.D.B. branch of State Bank Of India in Rupnagar, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code SBIN0050166. 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 SBIN0050166.

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 Nurpur Bedi A.D.B. in Rupnagar, 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 Nurpur Bedi A.D.B., 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 Rupnagar 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 Nurpur Bedi A.D.B., Rupnagar?

The IFSC Code is SBIN0050166.

Is the IFSC Code SBIN0050166 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 Nurpur Bedi A.D.B.?

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 Nurpur Bedi A.D.B. branch?

The address of the branch is Vpo Nurpur Bedi Teh Anandpur Sahib 140117 located in Rupnagar, Nurpur Kalan, Punjab.

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.