The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of State Bank Of India for its Cacsheopurkalan branch in Sheopurkalan, Sheopurkalan, Madhya Pradesh, this complete guide will provide you with detailed information.

The banking system in India has changed over the years, and today customers of State Bank Of India located in Sheopurkalan or anywhere in Madhya Pradesh can transfer funds instantly by using the correct IFSC Code SBIN0061886. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for State Bank Of India, Cacsheopurkalan, Sheopurkalan

Here are the main details that are associated with the IFSC Code SBIN0061886 of State Bank Of India for its branch located in Sheopurkalan, within the district of Sheopurkalan in the state of Madhya Pradesh.

Particulars Details
Bank State Bank Of India
IFSC Code SBIN0061886
Branch Cacsheopurkalan
City Sheopurkalan
District Sheopurkalan
State Madhya Pradesh
Address Cac Sheopurkalan State Bank Of India Sheopurkalan-476337

These details help users in online banking and for businesses and individuals who use State Bank Of India in Sheopurkalan for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0061886 for the Cacsheopurkalan branch of State Bank Of India has a very 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 SBIN0061886 is given to every bank branch, including State Bank Of India located in Cacsheopurkalan, Sheopurkalan, Madhya Pradesh, 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 Sheopurkalan.
  • 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 Sheopurkalan and Sheopurkalan.
  • 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 Madhya Pradesh and the rest of India, which is why the IFSC Code ensures that transactions meant for State Bank Of India in Cacsheopurkalan doesn't end up at another location.

Format of the IFSC Code SBIN0061886

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

AAAA0CCCCCC

Here's the breakdown:

  • First 4 characters (AAAA): These represent the bank code. In State Bank Of India, they are a short identifier for the bank.
  • 5th character (0): This is always zero and is reserved for future use.
  • Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Cacsheopurkalan in Sheopurkalan.

For example, the IFSC Code SBIN0061886 of State Bank Of India for the Cacsheopurkalan branch has these elements, identifying the bank and the branch location in Sheopurkalan and Madhya Pradesh correctly.

How to Find IFSC Code for State Bank Of India?

If you are looking for the IFSC Code SBIN0061886 of State Bank Of India for its Cacsheopurkalan branch located in Sheopurkalan, 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 Sheopurkalan and Sheopurkalan, 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 Cacsheopurkalan or Sheopurkalan to get the exact IFSC Code SBIN0061886.

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 Sheopurkalan, then it will provide you proper information.

How to Use IFSC Code SBIN0061886 for Online Transfers?

Once you have the IFSC Code SBIN0061886 for the Cacsheopurkalan branch of State Bank Of India in Sheopurkalan, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code SBIN0061886. 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 SBIN0061886.

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 Cacsheopurkalan in Sheopurkalan, 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 Cacsheopurkalan, 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 Sheopurkalan manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

What is the IFSC Code of State Bank Of India in Cacsheopurkalan, Sheopurkalan?

The IFSC Code is SBIN0061886.

Is the IFSC Code SBIN0061886 permanent?

Yes, but there can be changes during mergers or restructuring.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and the IFSC is for online transfers.

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

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

What is the full address of the Cacsheopurkalan branch?

The address of the branch is Cac Sheopurkalan State Bank Of India Sheopurkalan-476337 located in Sheopurkalan, Sheopurkalan, 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.