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 Chandmari Tezpur branch in Sonitpur, Tezpur, 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 Sonitpur or anywhere in Assam can transfer funds instantly by using the correct IFSC Code SBIN0016927. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for State Bank Of India, Chandmari Tezpur, Sonitpur
Below in the table are the key details related to IFSC Code SBIN0016927 of State Bank Of India for its branch located in Sonitpur, within the district of Tezpur in the state of Assam.
| Particulars | Details |
|---|---|
| Bank | State Bank Of India |
| IFSC Code | SBIN0016927 |
| Branch | Chandmari Tezpur |
| City | Sonitpur |
| District | Tezpur |
| State | Assam |
| Address | Kumargaon Beseria Road, Chandmari, P.O. Tezpur, Distt.Sonitpur. Assam 784001 |
These details helps users in online banking and for businesses and individuals who use State Bank Of India in Sonitpur for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0016927 for the Chandmari Tezpur 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 provided by the Reserve Bank of India. Every bank branch, along with State Bank Of India located in Chandmari Tezpur, Sonitpur, Assam, are given a unique IFSC like SBIN0016927 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Sonitpur.
- 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 Sonitpur and Tezpur.
- 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 Chandmari Tezpur goes to the correct branch. This is important because State Bank Of India has thousands of branches in Assam and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code SBIN0016927
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 Chandmari Tezpur in Sonitpur.
For example, the IFSC Code SBIN0016927 of State Bank Of India for the Chandmari Tezpur branch includes these elements, identifying the bank and the branch location in Sonitpur and Assam accurately.
How to Find IFSC Code for State Bank Of India?
If you are looking for the IFSC Code SBIN0016927 of State Bank Of India for its Chandmari Tezpur branch located in Sonitpur, 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 Sonitpur and Tezpur, 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 Chandmari Tezpur or Sonitpur to get the exact IFSC Code SBIN0016927.
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 Sonitpur, then it will provide you proper information.
How to Use IFSC Code SBIN0016927 for Online Transfers?
If you have the IFSC Code SBIN0016927 for the Chandmari Tezpur branch of State Bank Of India in Sonitpur, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code SBIN0016927. 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 SBIN0016927.
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 Chandmari Tezpur in Sonitpur, 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 Chandmari Tezpur, 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 Sonitpur to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code of the Chandmari Tezpur Sonitpur branch is SBIN0016927.
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 Kumargaon Beseria Road, Chandmari, P.O. Tezpur, Distt.Sonitpur. Assam 784001.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.