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 Barmasia branch in Sahebganj, Barmasia, 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 Sahebganj or anywhere in Jharkhand can transfer funds instantly by using the correct IFSC Code SBIN0009238. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for State Bank Of India, Barmasia, Sahebganj

The table below shows the main details of the IFSC Code SBIN0009238 for the State Bank Of India branch in Sahebganj, which falls under the Barmasia district in Jharkhand.

Particulars Details
Bank State Bank Of India
IFSC Code SBIN0009238
Branch Barmasia
City Sahebganj
District Barmasia
State Jharkhand
Address Dist Sahibganj,Jharkhand 816102

These details help users in online banking and for businesses and individuals who use State Bank Of India in Sahebganj for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0009238 for the Barmasia 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 that is provided by the Reserve Bank of India. A unique IFSC like SBIN0009238 is given to every bank branch, including State Bank Of India located in Barmasia, Sahebganj, 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 Sahebganj.
  • 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 Sahebganj and Barmasia.
  • 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 Barmasia doesn't end up at another location.

Format of the IFSC Code SBIN0009238

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

AAAA0CCCCCC

Here's the explanation:

  • First 4 characters (AAAA): This is the bank code. For State Bank Of India, these characters are the bank's short identifier.
  • 5th character (0): This stays zero till there is any future use.
  • Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Barmasia in Sahebganj.

For example, the IFSC Code SBIN0009238 of State Bank Of India for the Barmasia branch includes these elements, identifying the bank and the branch location in Sahebganj and Jharkhand accurately.

How to Find IFSC Code for State Bank Of India?

If you are looking for the IFSC Code SBIN0009238 of State Bank Of India for its Barmasia branch located in Sahebganj, 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 Sahebganj and Barmasia, 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 Barmasia or Sahebganj to get the exact IFSC Code SBIN0009238.

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 Sahebganj, then it will provide you proper information.

How to Use IFSC Code SBIN0009238 for Online Transfers?

Once you have the IFSC Code SBIN0009238 for the Barmasia branch of State Bank Of India in Sahebganj, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code SBIN0009238. The transfer is completed in batches instead of instantly. It is useful for both 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. Requires the recipient's account details and State Bank Of India IFSC Code SBIN0009238.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the State Bank Of India Barmasia in Sahebganj, your payment can get delayed or might not go through at all.

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 Barmasia, here are some ways that 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.

If you know both IFSC and MICR codes, then it can help account holders in Sahebganj manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of State Bank Of India Barmasia Sahebganj?

The IFSC Code of the Barmasia Sahebganj branch is SBIN0009238.

Is IFSC Code SBIN0009238 permanent?

Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.

Is IFSC the same as MICR?

No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.

Where can I find the IFSC Code of my bank branch?

You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.

What is the address of the State Bank Of India Barmasia branch?

The branch is located at Dist Sahibganj,Jharkhand 816102.

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.