Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of State Bank Of India for its District Sales Hub Sangrur branch in Sangrur, Sangrur, or Punjab, this guide will help you with all the details.
There have been major changes in the banking sector in India and today, the customers of State Bank Of India located in Sangrur or anywhere in Punjab can transfer funds instantly by using the correct IFSC Code SBIN0061367. You should definitely 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, District Sales Hub Sangrur, Sangrur
Below in the table are the key details related to IFSC Code SBIN0061367 of State Bank Of India for its branch located in Sangrur, within the district of Sangrur in the state of Punjab.
| Particulars | Details |
|---|---|
| Bank | State Bank Of India |
| IFSC Code | SBIN0061367 |
| Branch | District Sales Hub Sangrur |
| City | Sangrur |
| District | Sangrur |
| State | Punjab |
| Address | Patiala Gate Sangrur-148001 |
These details helps users in online banking and for businesses and individuals who use State Bank Of India in Sangrur for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0061367 for the District Sales Hub Sangrur 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, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, along with State Bank Of India located in District Sales Hub Sangrur, Sangrur, Punjab, are allotted a unique IFSC like SBIN0061367 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Sangrur.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Sangrur and Sangrur.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It makes sure that money sent to State Bank Of India in District Sales Hub Sangrur reaches the right place, even though there are thousands of branches in Punjab and across India.
Format of the IFSC Code SBIN0061367
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): 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 District Sales Hub Sangrur in Sangrur.
For example, the IFSC Code SBIN0061367 of State Bank Of India for the District Sales Hub Sangrur branch includes these elements, identifying the bank and the branch location in Sangrur and Punjab accurately.
How to Find IFSC Code for State Bank Of India?
If you are looking for the IFSC Code SBIN0061367 of State Bank Of India for its District Sales Hub Sangrur branch located in Sangrur, 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 Sangrur and Sangrur, 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 District Sales Hub Sangrur or Sangrur to get the exact IFSC Code SBIN0061367.
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 Sangrur, then it will provide you proper information.
How to Use IFSC Code SBIN0061367 for Online Transfers?
Once you have the IFSC Code SBIN0061367 for the District Sales Hub Sangrur branch of State Bank Of India in Sangrur, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code SBIN0061367. The transfer is completed in batches. It is useful for both personal and business payments.
RTGS
Used for payments over ₹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 SBIN0061367.
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 District Sales Hub Sangrur in Sangrur, 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 District Sales Hub Sangrur, 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 Sangrur to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is SBIN0061367.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is Patiala Gate Sangrur-148001 located in Sangrur, Sangrur, Punjab.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.