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 Singhania Complex, Shahdol branch in Shahdol, Shahdol, or Madhya Pradesh, 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 Shahdol or anywhere in Madhya Pradesh can transfer funds instantly by using the correct IFSC Code SBIN0030376. 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, Singhania Complex, Shahdol, Shahdol
The table below shows the main details of the IFSC Code SBIN0030376 for the State Bank Of India branch in Shahdol, which falls under the Shahdol district in Madhya Pradesh.
| Particulars | Details |
|---|---|
| Bank | State Bank Of India |
| IFSC Code | SBIN0030376 |
| Branch | Singhania Complex, Shahdol |
| City | Shahdol |
| District | Shahdol |
| State | Madhya Pradesh |
| Address | New Gandhi Chowk,Singhana Complex, Shahdol484001 |
These details are important not only for users using online banking but also for businesses and individuals who use State Bank Of India in Shahdol for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code SBIN0030376 for the Singhania Complex, Shahdol branch of State Bank Of India is vital.
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 Singhania Complex, Shahdol, Shahdol, Madhya Pradesh, are allotted a unique IFSC like SBIN0030376 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Shahdol.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Shahdol and Shahdol.
- 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 Singhania Complex, Shahdol reaches the right place, even though there are thousands of branches in Madhya Pradesh and across India.
Format of the IFSC Code SBIN0030376
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 Singhania Complex, Shahdol in Shahdol.
For example, the IFSC Code SBIN0030376 of State Bank Of India for the Singhania Complex, Shahdol branch includes these elements, identifying the bank and the branch location in Shahdol and Madhya Pradesh accurately.
How to Find IFSC Code for State Bank Of India?
If you are trying to find the IFSC Code SBIN0030376 of State Bank Of India for its Singhania Complex, Shahdol branch located in Shahdol, the following methods can help:
Cheque Book
The cheque books that are issued by State Bank Of India include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.
Passbook
Most banks, including State Bank Of India branches in Shahdol and Shahdol, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of State Bank Of India and find the branch locator section. Search for Singhania Complex, Shahdol or Shahdol to get the exact IFSC Code SBIN0030376.
Mobile Banking App
If you use State Bank Of India's mobile app, you can easily check your account details to find your branch's IFSC code.
RBI Website
The Reserve Bank of India maintains an updated database of all IFSC codes to help you in searching for State Bank Of India and Shahdol that will provide accurate information.
How to Use IFSC Code SBIN0030376 for Online Transfers?
Once you have the IFSC Code SBIN0030376 for the Singhania Complex, Shahdol branch of State Bank Of India in Shahdol, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code SBIN0030376. 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 SBIN0030376.
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 Singhania Complex, Shahdol in Shahdol, 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 Singhania Complex, Shahdol, 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 Shahdol to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is SBIN0030376.
Yes, but there can be changes during mergers or restructuring.
No, MICR is for cheque clearing and the IFSC is for online transfers.
You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is New Gandhi Chowk,Singhana Complex, Shahdol484001 located in Shahdol, Shahdol, Madhya Pradesh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.