Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of State Bank Of India for its Bakkhali branch in South 24 Pgns, Bakkhali, or West Bengal, this guide will help you with all the details.
There have been major changes in the banking sector in India and today, the customers of State Bank Of India located in South 24 Pgns or anywhere in West Bengal can transfer funds instantly by using the correct IFSC Code SBIN0014036. You should definitely 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, Bakkhali, South 24 Pgns
Here are some of the key details that come with the IFSC Code SBIN0014036 of State Bank Of India for its branch located in South 24 Pgns, within the district of Bakkhali in the state of West Bengal.
| Particulars | Details |
|---|---|
| Bank | State Bank Of India |
| IFSC Code | SBIN0014036 |
| Branch | Bakkhali |
| City | South 24 Pgns |
| District | Bakkhali |
| State | West Bengal |
| Address | Bakkhali, Frasergunj, K P Adarsha Vidyapith, Maharajgunj,Dist South 24 Pgns, West Bengal 743357 |
These details help users in online banking and for businesses and individuals who use State Bank Of India in South 24 Pgns for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0014036 for the Bakkhali 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, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including State Bank Of India located in Bakkhali, South 24 Pgns, West Bengal, is provided with a unique IFSC like SBIN0014036 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the State Bank Of India branch in South 24 Pgns.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any errors or confusions between multiple branches of the same bank across different places like South 24 Pgns and Bakkhali.
- It reduces errors in fund transfers and improves accuracy.
- It allows sender banks to validate and confirm branch details before processing payments.
There are thousands of branches across West Bengal and the rest of India and the IFSC Code ensures that transactions meant for State Bank Of India in Bakkhali do not get mixed with another location.
Format of the IFSC Code SBIN0014036
The format of the IFSC Code for banks, including State Bank Of India, has an 11-character structure:
AAAA0CCCCCC
Here's the breakdown:
- First 4 characters (AAAA): Show the bank code. For State Bank Of India, these letters represent the bank's short name.
- 5th character: Is always zero and is kept for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Bakkhali in South 24 Pgns.
For example, the IFSC Code SBIN0014036 of State Bank Of India for the Bakkhali branch includes these elements, identifying the bank and the branch location in South 24 Pgns and West Bengal correctly.
How to Find IFSC Code for State Bank Of India?
If you are trying to find the IFSC Code SBIN0014036 of State Bank Of India for its Bakkhali branch located in South 24 Pgns, 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 South 24 Pgns and Bakkhali, 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 Bakkhali or South 24 Pgns to get the exact IFSC Code SBIN0014036.
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 South 24 Pgns that will provide accurate information.
How to Use IFSC Code SBIN0014036 for Online Transfers?
Once you have the IFSC Code SBIN0014036 for the Bakkhali branch of State Bank Of India in South 24 Pgns, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code SBIN0014036. 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 SBIN0014036.
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 Bakkhali in South 24 Pgns 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 Bakkhali, 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 South 24 Pgns to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is SBIN0014036.
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 Bakkhali, Frasergunj, K P Adarsha Vidyapith, Maharajgunj,Dist South 24 Pgns, West Bengal 743357 located in South 24 Pgns, Bakkhali, West Bengal.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.