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 Bihari Chowk, Satna branch in Satna, Satna, 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 Satna or anywhere in Madhya Pradesh can transfer funds instantly by using the correct IFSC Code SBIN0030178. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for State Bank Of India, Bihari Chowk, Satna, Satna

Here are some of the key details that come with the IFSC Code SBIN0030178 of State Bank Of India for its branch located in Satna, within the district of Satna in the state of Madhya Pradesh.

Particulars Details
Bank State Bank Of India
IFSC Code SBIN0030178
Branch Bihari Chowk, Satna
City Satna
District Satna
State Madhya Pradesh
Address Mahaveer Bhawan,Bihari Chowk

These details are crucial, not just for online banking users but also for businesses and individuals who use State Bank Of India in Satna for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0030178 for the Bihari Chowk, Satna branch of State Bank Of India has 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 Bihari Chowk, Satna, Satna, Madhya Pradesh, are allotted a unique IFSC like SBIN0030178 to ensure that online payments reach the right destination.

The IFSC Code is important because:

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

Format of the IFSC Code SBIN0030178

The format of the IFSC Code for banks, including State Bank Of India, has 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 Bihari Chowk, Satna in Satna.

For example, the IFSC Code SBIN0030178 of State Bank Of India for the Bihari Chowk, Satna branch includes these elements, identifying the bank and the branch location in Satna and Madhya Pradesh correctly.

How to Find IFSC Code for State Bank Of India?

If you are trying to find the IFSC Code SBIN0030178 of State Bank Of India for its Bihari Chowk, Satna branch located in Satna, 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

Most banks, including State Bank Of India branches in Satna and Satna, print the IFSC and MICR codes 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 Bihari Chowk, Satna or Satna to get the exact IFSC Code SBIN0030178.

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 Satna, you'll get the correct details.

How to Use IFSC Code SBIN0030178 for Online Transfers?

Once you have the IFSC Code SBIN0030178 for the Bihari Chowk, Satna branch of State Bank Of India in Satna, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code SBIN0030178. 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 SBIN0030178.

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 Bihari Chowk, Satna in Satna, 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 Bihari Chowk, Satna, 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 Satna manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of State Bank Of India Bihari Chowk, Satna Satna?

The IFSC Code of the Bihari Chowk, Satna Satna branch is SBIN0030178.

Is IFSC Code SBIN0030178 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 Bihari Chowk, Satna branch?

The branch is located at Mahaveer Bhawan,Bihari Chowk.

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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