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 Mangli Peth branch in Seoni, Seoni, Madhya Pradesh, 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 Seoni or anywhere in Madhya Pradesh can transfer funds instantly by using the correct IFSC Code SBIN0012187. 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, Mangli Peth, Seoni
The table below shows the main details of the IFSC Code SBIN0012187 for the State Bank Of India branch in Seoni, which falls under the Seoni district in Madhya Pradesh.
| Particulars | Details |
|---|---|
| Bank | State Bank Of India |
| IFSC Code | SBIN0012187 |
| Branch | Mangli Peth |
| City | Seoni |
| District | Seoni |
| State | Madhya Pradesh |
| Address | Mangli Peth,Azad Ward,Opp Dadu Dharamashala,Teh Seoni, Distseoni480661 |
These details are crucial, not just for online banking users but also for businesses and individuals who use State Bank Of India in Seoni for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0012187 for the Mangli Peth 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 Mangli Peth, Seoni, Madhya Pradesh, are given a unique IFSC like SBIN0012187 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Seoni.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents any kind of confusion between different branches of the same bank in places like Seoni and Seoni.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It helps ensure that any money sent to State Bank Of India in Mangli Peth goes to the correct branch. This is important because State Bank Of India has thousands of branches in Madhya Pradesh and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code SBIN0012187
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 Mangli Peth in Seoni.
For example, the IFSC Code SBIN0012187 of State Bank Of India for the Mangli Peth branch includes these elements, identifying the bank and the branch location in Seoni and Madhya Pradesh accurately.
How to Find IFSC Code for State Bank Of India?
If you are looking for the IFSC Code SBIN0012187 of State Bank Of India for its Mangli Peth branch located in Seoni, 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 Seoni and Seoni, 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 Mangli Peth or Seoni to get the exact IFSC Code SBIN0012187.
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 Seoni, then it will provide you proper information.
How to Use IFSC Code SBIN0012187 for Online Transfers?
Once you have the IFSC Code SBIN0012187 for the Mangli Peth branch of State Bank Of India in Seoni, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code SBIN0012187. 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 SBIN0012187.
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 Mangli Peth in Seoni, your payment can get delayed or might not go through at all.
Finding the MICR Code
MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of State Bank Of India in Mangli Peth, you can find it by any of the following ways:
- Check the bottom of your cheque leaf.
- Go to the first page of your passbook.
- Visit the official State Bank Of India website.
- Search the RBI portal.
Having both IFSC and MICR codes helps account holders in Seoni manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code of the Mangli Peth Seoni branch is SBIN0012187.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at Mangli Peth,Azad Ward,Opp Dadu Dharamashala,Teh Seoni, Distseoni480661.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.