IFSC Code of State Bank Of India, Khara Pathar, Jubbal, Himachal Pradesh — SBIN0005578

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 Khara Pathar branch in Shimla, Jubbal, Himachal 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 Shimla or anywhere in Himachal Pradesh can transfer funds instantly by using the correct IFSC Code SBIN0005578. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for State Bank Of India, Khara Pathar, Shimla

Below in the table are the key details related to IFSC Code SBIN0005578 of State Bank Of India for its branch located in Shimla, within the district of Jubbal in the state of Himachal Pradesh.

These details helps users in online banking and for businesses and individuals who use State Bank Of India in Shimla for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0005578 for the Khara Pathar branch of State Bank Of India plays a vital 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 SBIN0005578 is given to every bank branch, including State Bank Of India located in Khara Pathar, Shimla, Himachal 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 Shimla.
• 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 Shimla and Jubbal.
• 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 Himachal Pradesh and the rest of India, which is why the IFSC Code ensures that transactions meant for State Bank Of India in Khara Pathar doesn't end up at another location.

Format of the IFSC Code SBIN0005578

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

AAAA0CCCCCC

Here's the breakdown of this:

• First 4 characters (AAAA): Represent the bank code. For State Bank Of India, these characters are the bank's short identifier.
• 5th character (0): Always zero which is reserved for future use.
• Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Khara Pathar in Shimla.

For example, the IFSC Code SBIN0005578 of State Bank Of India for the Khara Pathar branch includes these elements, identifying the bank and the branch location in Shimla and Himachal Pradesh accurately.

How to Find IFSC Code for State Bank Of India?

If you are trying to find the IFSC Code SBIN0005578 of State Bank Of India for its Khara Pathar branch located in Shimla, 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 Shimla and Jubbal, 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 Khara Pathar or Shimla to get the exact IFSC Code SBIN0005578.

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 Shimla that will provide accurate information.

How to Use IFSC Code SBIN0005578 for Online Transfers?

Once you have the IFSC Code SBIN0005578 for the Khara Pathar branch of State Bank Of India in Shimla, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code SBIN0005578. 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 SBIN0005578.

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 Khara Pathar in Shimla may result in delayed or failed transactions.

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 Khara Pathar, 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 Shimla to handle online money transfers and get their cheques cleared smoothly.