IFSC Code of State Bank Of India, Currency Administration Cell, Shillong, Shillong, Meghalaya- SBIN0010260

There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of State Bank Of India for its Currency Administration Cell, Shillong branch in Shillong, Shillong, Meghalaya, then this comprehensive guide will provide you with detailed information.

The banking system in India has changed over time, and today the customers of State Bank Of India situated in Shillong or anywhere in Meghalaya can easily transfer funds instantly by using the correct IFSC Code SBIN0010260. You should 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, Currency Administration Cell, Shillong, Shillong

Below in the table are the key details related to IFSC Code SBIN0010260 of State Bank Of India for its branch located in Shillong, within the district of Shillong in the state of Meghalaya.

These details are important not only for users using online banking but also for businesses and individuals who use State Bank Of India in Shillong for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code SBIN0010260 for the Currency Administration Cell, Shillong 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 Currency Administration Cell, Shillong, Shillong, Meghalaya, are given a unique IFSC like SBIN0010260 to ensure that online payments reach the right destination.

The IFSC Code is important because:

• It clearly tells which bank branch it is in Shillong.
• 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 Shillong and Shillong.
• 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 Currency Administration Cell, Shillong goes to the correct branch. This is important because State Bank Of India has thousands of branches in Meghalaya and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code SBIN0010260

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 Currency Administration Cell, Shillong in Shillong.

For example, the IFSC Code SBIN0010260 of State Bank Of India for the Currency Administration Cell, Shillong branch has these elements, identifying the bank and the branch location in Shillong and Meghalaya correctly.

How to Find IFSC Code for State Bank Of India?

To find the IFSC Code SBIN0010260 of State Bank Of India for its Currency Administration Cell, Shillong branch located in Shillong, the following methods can help you out:

Cheque Book

The cheque book issued by State Bank Of India includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.

Passbook

Most banks, including State Bank Of India branches in Shillong and Shillong, 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 go to the branch locator section. Then search for Currency Administration Cell, Shillong or Shillong to find the exact IFSC Code SBIN0010260.

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 maintains an updated database of all IFSC codes. Searching for State Bank Of India and Shillong will provide accurate information.

How to Use IFSC Code SBIN0010260 for Online Transfers?

Once you have the IFSC Code SBIN0010260 for the Currency Administration Cell, Shillong branch of State Bank Of India in Shillong, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code SBIN0010260. Transfers are processed in batches. This is 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. Requires the recipient's account details and State Bank Of India IFSC Code SBIN0010260.

Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for State Bank Of India Currency Administration Cell, Shillong in Shillong may result in delayed or failed transactions.

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 Currency Administration Cell, Shillong, 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 Shillong manage online transfers as well as cheque clearances with ease.