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 Shingla Dakolar branch in Shimla, Shimla, 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 SBIN0051377. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for State Bank Of India, Shingla Dakolar, Shimla
Below in the table are the key details related to IFSC Code SBIN0051377 of State Bank Of India for its branch located in Shimla, within the district of Shimla in the state of Himachal Pradesh.
| Particulars | Details |
|---|---|
| Bank | State Bank Of India |
| IFSC Code | SBIN0051377 |
| Branch | Shingla Dakolar |
| City | Shimla |
| District | Shimla |
| State | Himachal Pradesh |
| Address | Meera Niwas Dakolar New Rampur Po Shingla Tehsil Rampur Distt Shimla H P Pin Code 172001 |
These details help 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 SBIN0051377 for the Shingla Dakolar 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, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including State Bank Of India located in Shingla Dakolar, Shimla, Himachal Pradesh, is provided a unique IFSC like SBIN0051377 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the State Bank Of India branch in Shimla.
- Helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any confusions between multiple branches of the same bank across different places like Shimla and Shimla.
- It reduces most of the errors in fund transfers and makes sure its accuracy.
- It enables sender banks to validate and confirm branch details before processing payments.
For thousands of branches across Himachal Pradesh and the rest of India, the IFSC Code ensures that transactions meant for State Bank Of India in Shingla Dakolar do not get misguided to another person.
Format of the IFSC Code SBIN0051377
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 Shingla Dakolar in Shimla.
For example, the IFSC Code SBIN0051377 of State Bank Of India for the Shingla Dakolar branch has these elements, identifying the bank and the branch location in Shimla and Himachal Pradesh correctly.
How to Find IFSC Code for State Bank Of India?
If you are trying to find the IFSC Code SBIN0051377 of State Bank Of India for its Shingla Dakolar branch located in Shimla, the following methods can help:
Cheque Book
The cheque book issued by State Bank Of India includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.
Passbook
Most banks, including State Bank Of India branches in Shimla and Shimla, print the IFSC and MICR codes on the first page of your passbook.
Bank Website
Visit the official website of State Bank Of India and navigate to the branch locator section. Search for Shingla Dakolar or Shimla to get the exact IFSC Code SBIN0051377.
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 keeps an updated list of all IFSC codes. If you search for State Bank Of India and Shimla, you'll get the correct details.
How to Use IFSC Code SBIN0051377 for Online Transfers?
If you have the IFSC Code SBIN0051377 for the Shingla Dakolar branch of State Bank Of India in Shimla, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code SBIN0051377. Transfers are processed in batches. 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. Asks for the recipient's account details and State Bank Of India IFSC Code SBIN0051377.
Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for State Bank Of India Shingla Dakolar in Shimla, it 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 Shingla Dakolar, 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.
Frequently Asked Questions (FAQs)
The IFSC Code is SBIN0051377.
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 Meera Niwas Dakolar New Rampur Po Shingla Tehsil Rampur Distt Shimla H P Pin Code 172001 located in Shimla, Shimla, Himachal Pradesh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.