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 Mohiuddin Nagar branch in Samastipur, Samastipur, Bihar, 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 Samastipur or anywhere in Bihar can easily transfer funds instantly by using the correct IFSC Code SBIN0015066. 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, Mohiuddin Nagar, Samastipur

The table below shows the main details of the IFSC Code SBIN0015066 for the State Bank Of India branch in Samastipur, which falls under the Samastipur district in Bihar.

Particulars Details
Bank State Bank Of India
IFSC Code SBIN0015066
Branch Mohiuddin Nagar
City Samastipur
District Samastipur
State Bihar
Address P.O. Mohiudin Nagar, Distt Samastipur,Bihar 848501

These details helps users in online banking and for businesses and individuals who use State Bank Of India in Samastipur for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0015066 for the Mohiuddin Nagar branch of State Bank Of India plays a vital role.

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 Mohiuddin Nagar, Samastipur, Bihar, is provided a unique IFSC like SBIN0015066 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 Samastipur.
  • 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 Samastipur and Samastipur.
  • 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 Bihar and the rest of India, the IFSC Code ensures that transactions meant for State Bank Of India in Mohiuddin Nagar do not get misguided to another person.

Format of the IFSC Code SBIN0015066

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 Mohiuddin Nagar in Samastipur.

For example, the IFSC Code SBIN0015066 of State Bank Of India for the Mohiuddin Nagar branch includes these elements, identifying the bank and the branch location in Samastipur and Bihar accurately.

How to Find IFSC Code for State Bank Of India?

To find the IFSC Code SBIN0015066 of State Bank Of India for its Mohiuddin Nagar branch located in Samastipur, 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 Samastipur and Samastipur, 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 Mohiuddin Nagar or Samastipur to find the exact IFSC Code SBIN0015066.

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 Samastipur will provide accurate information.

How to Use IFSC Code SBIN0015066 for Online Transfers?

If you have the IFSC Code SBIN0015066 for the Mohiuddin Nagar branch of State Bank Of India in Samastipur, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code SBIN0015066. 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 SBIN0015066.

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 Mohiuddin Nagar in Samastipur, 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 Mohiuddin Nagar, 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 Samastipur 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 Mohiuddin Nagar, Samastipur?

The IFSC Code is SBIN0015066.

Is the IFSC Code SBIN0015066 permanent?

Yes, but it can change during merging or restructuring of the bank.

Is MICR the same as IFSC?

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

Where can I find the IFSC Code of State Bank Of India Mohiuddin Nagar?

You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.

What is the full address of the Mohiuddin Nagar branch?

The address of the branch is P.O. Mohiudin Nagar, Distt Samastipur,Bihar 848501 located in Samastipur, Samastipur, Bihar.

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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