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IFSC Code of State Bank Of India, Cac Sarangpur, Sarangpur, Madhya Pradesh — SBIN0061883

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 Cac Sarangpur branch in Sarangpur, Sarangpur, Madhya Pradesh, 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 Sarangpur or anywhere in Madhya Pradesh can transfer funds instantly by using the correct IFSC Code SBIN0061883. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for State Bank Of India, Cac Sarangpur, Sarangpur

Below in the table are the key details related to IFSC Code SBIN0061883 of State Bank Of India for its branch located in Sarangpur, within the district of Sarangpur in the state of Madhya Pradesh.

Particulars Details
Bank State Bank Of India
IFSC Code SBIN0061883
Branch Cac Sarangpur
City Sarangpur
District Sarangpur
State Madhya Pradesh
Address Cac Sarangpur-465697

These details are essential not only for online banking users but also for businesses and individuals who use State Bank Of India in Sarangpur for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0061883 for the Cac Sarangpur branch of State Bank Of India plays an 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 Cac Sarangpur, Sarangpur, Madhya Pradesh, are allotted a unique IFSC like SBIN0061883 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Sarangpur.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents confusion between different branches of the same bank in places like Sarangpur and Sarangpur.
  • 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 Cac Sarangpur reaches the right place, even though there are thousands of branches in Madhya Pradesh and across India.

Format of the IFSC Code SBIN0061883

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 Cac Sarangpur in Sarangpur.

For example, the IFSC Code SBIN0061883 of State Bank Of India for the Cac Sarangpur branch includes these elements, identifying the bank and the branch location in Sarangpur and Madhya Pradesh accurately.

How to Find IFSC Code for State Bank Of India?

If you are trying to find the IFSC Code SBIN0061883 of State Bank Of India for its Cac Sarangpur branch located in Sarangpur, 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 Sarangpur and Sarangpur, 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 Cac Sarangpur or Sarangpur to get the exact IFSC Code SBIN0061883.

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 Sarangpur, you'll get the correct details.

How to Use IFSC Code SBIN0061883 for Online Transfers?

Once you have the IFSC Code SBIN0061883 for the Cac Sarangpur branch of State Bank Of India in Sarangpur, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code SBIN0061883. 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 SBIN0061883.

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 Cac Sarangpur in Sarangpur, your payment can get delayed or might not go through at all.

Finding the MICR Code

MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of State Bank Of India in Cac Sarangpur, here are some of the ways 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.

Knowing both IFSC and MICR code can help account holders in Sarangpur manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

What is the IFSC Code of State Bank Of India in Cac Sarangpur, Sarangpur?

The IFSC Code is SBIN0061883.

Is the IFSC Code SBIN0061883 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

Where can I find the IFSC Code of State Bank Of India Cac Sarangpur?

You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Cac Sarangpur branch?

The address of the branch is Cac Sarangpur-465697 located in Sarangpur, Sarangpur, Madhya Pradesh.

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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