IFSC Code of State Bank Of India, Phase Three B Two, Mohali, Rupnagar, Punjab — SBIN0018141

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 Phase Three B Two, Mohali branch in Rupnagar, Rupnagar, Punjab, 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 Rupnagar or anywhere in Punjab can transfer funds instantly by using the correct IFSC Code SBIN0018141. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for State Bank Of India, Phase Three B Two, Mohali, Rupnagar

Here are the main details that are associated with the IFSC Code SBIN0018141 of State Bank Of India for its branch located in Rupnagar, within the district of Rupnagar in the state of Punjab.

These details are important not only for users using online banking but also for businesses and individuals who use State Bank Of India in Rupnagar for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code SBIN0018141 for the Phase Three B Two, Mohali branch of State Bank Of India is vital.

What Is IFSC Code and Why Is It Important?

IFSC stands for Indian Financial System Code, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including State Bank Of India located in Phase Three B Two, Mohali, Rupnagar, Punjab, is provided a unique IFSC like SBIN0018141 so that their online payments reach the right place.

The IFSC Code is important because:

• It uniquely recognizes the State Bank Of India branch in Rupnagar.
• Helps NEFT, RTGS, and IMPS systems route the transfer securely.
• It avoids any confusions between multiple branches of the same bank across different places like Rupnagar and Rupnagar.
• It reduces most of the errors in fund transfers and makes sure its accuracy.
• It enables sender banks to validate and confirm branch details before processing payments.

For thousands of branches across Punjab and the rest of India, the IFSC Code ensures that transactions meant for State Bank Of India in Phase Three B Two, Mohali do not get misguided to another person.

Format of the IFSC Code SBIN0018141

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 Phase Three B Two, Mohali in Rupnagar.

For example, the IFSC Code SBIN0018141 of State Bank Of India for the Phase Three B Two, Mohali branch has these elements, identifying the bank and the branch location in Rupnagar and Punjab correctly.

How to Find IFSC Code for State Bank Of India?

To find the IFSC Code SBIN0018141 of State Bank Of India for its Phase Three B Two, Mohali branch located in Rupnagar, 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 Rupnagar and Rupnagar, 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 Phase Three B Two, Mohali or Rupnagar to find the exact IFSC Code SBIN0018141.

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 Rupnagar will provide accurate information.

How to Use IFSC Code SBIN0018141 for Online Transfers?

If you have the IFSC Code SBIN0018141 for the Phase Three B Two, Mohali 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 SBIN0018141. 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 SBIN0018141.

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 Phase Three B Two, Mohali in Rupnagar, 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 Phase Three B Two, Mohali, 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 Rupnagar to handle online money transfers and get their cheques cleared smoothly.