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. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of State Bank Of India for its Jandpur branch in Sas Nagar, Sas Nagar, Punjab, then this guide will give you detailed information.

The banking system has evolved significantly in India, and today the customers of State Bank Of India located in Sas Nagar or anywhere in Punjab can transfer funds instantly by using the correct IFSC Code SBIN0063858. 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, Jandpur, Sas Nagar

Here are some of the key details that come with the IFSC Code SBIN0063858 of State Bank Of India for its branch located in Sas Nagar, within the district of Sas Nagar in the state of Punjab.

Particulars Details
Bank State Bank Of India
IFSC Code SBIN0063858
Branch Jandpur
City Sas Nagar
District Sas Nagar
State Punjab
Address Sco-1031,Springdale Market,Sector 123,Sunny Enclave,Mohali,Kharar,Distt - Sas Nagar

These details are essential not only for online banking users but also for businesses and individuals who use State Bank Of India in Sas Nagar for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0063858 for the Jandpur 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 that is provided by the Reserve Bank of India. A unique IFSC like SBIN0063858 is given to every bank branch, including State Bank Of India located in Jandpur, Sas Nagar, Punjab, 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 Sas Nagar.
  • 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 Sas Nagar and Sas Nagar.
  • 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 Punjab and the rest of India, which is why the IFSC Code ensures that transactions meant for State Bank Of India in Jandpur doesn't end up at another location.

Format of the IFSC Code SBIN0063858

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

AAAA0CCCCCC

Here's the breakdown of this:

  • First 4 characters (AAAA): Represent the bank code. For State Bank Of India, these characters are the bank's short identifier.
  • 5th character (0): Always zero which is reserved for future use.
  • Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Jandpur in Sas Nagar.

For example, the IFSC Code SBIN0063858 of State Bank Of India for the Jandpur branch includes these elements, identifying the bank and the branch location in Sas Nagar and Punjab accurately.

How to Find IFSC Code for State Bank Of India?

If you are looking for the IFSC Code SBIN0063858 of State Bank Of India for its Jandpur branch located in Sas Nagar, 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 Sas Nagar and Sas Nagar, 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 Jandpur or Sas Nagar to get the exact IFSC Code SBIN0063858.

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 Sas Nagar, then it will provide you proper information.

How to Use IFSC Code SBIN0063858 for Online Transfers?

If you have the IFSC Code SBIN0063858 for the Jandpur branch of State Bank Of India in Sas Nagar, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code SBIN0063858. 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 SBIN0063858.

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 Jandpur in Sas Nagar, 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 Jandpur, 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 Sas Nagar 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 Jandpur, Sas Nagar?

The IFSC Code is SBIN0063858.

Is the IFSC Code SBIN0063858 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 Jandpur?

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 Jandpur branch?

The address of the branch is Sco-1031,Springdale Market,Sector 123,Sunny Enclave,Mohali,Kharar,Distt - Sas Nagar located in Sas Nagar, Sas Nagar, Punjab.

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.