For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of State Bank Of India for its Moran Bazar branch in Sivasagar, Moran, Assam, this comprehensive guide will provide you with detailed information.
The banking system in India has changed significantly over the years, and today customers of State Bank Of India located in Sivasagar or anywhere in Assam can transfer funds instantly by using the correct IFSC Code SBIN0015287. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for State Bank Of India, Moran Bazar, Sivasagar
Below in the table are the key details related to IFSC Code SBIN0015287 of State Bank Of India for its branch located in Sivasagar, within the district of Moran in the state of Assam.
| Particulars | Details |
|---|---|
| Bank | State Bank Of India |
| IFSC Code | SBIN0015287 |
| Branch | Moran Bazar |
| City | Sivasagar |
| District | Moran |
| State | Assam |
| Address | A.T. Road, P.O. Moranhat, Dt Sivasagar,Assam 785670 |
These details helps users in online banking and for businesses and individuals who use State Bank Of India in Sivasagar for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0015287 for the Moran Bazar 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, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including State Bank Of India located in Moran Bazar, Sivasagar, Assam, is provided a unique IFSC like SBIN0015287 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 Sivasagar.
- 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 Sivasagar and Moran.
- 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 Assam and the rest of India, the IFSC Code ensures that transactions meant for State Bank Of India in Moran Bazar do not get misguided to another person.
Format of the IFSC Code SBIN0015287
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 Moran Bazar in Sivasagar.
For example, the IFSC Code SBIN0015287 of State Bank Of India for the Moran Bazar branch includes these elements, identifying the bank and the branch location in Sivasagar and Assam accurately.
How to Find IFSC Code for State Bank Of India?
If you are trying to find the IFSC Code SBIN0015287 of State Bank Of India for its Moran Bazar branch located in Sivasagar, 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 Sivasagar and Moran, 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 Moran Bazar or Sivasagar to get the exact IFSC Code SBIN0015287.
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 Sivasagar, you'll get the correct details.
How to Use IFSC Code SBIN0015287 for Online Transfers?
If you have the IFSC Code SBIN0015287 for the Moran Bazar branch of State Bank Of India in Sivasagar, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code SBIN0015287. 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 SBIN0015287.
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 Moran Bazar in Sivasagar, 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 Moran Bazar, 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 Sivasagar to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code of the Moran Bazar Sivasagar branch is SBIN0015287.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at A.T. Road, P.O. Moranhat, Dt Sivasagar,Assam 785670.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.