IFSC Code of State Bank Of India, Banaras Road Ambikapur, Ambikapur, Chhattisgarh — SBIN0061556

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 Banaras Road Ambikapur branch in Surguja, Ambikapur, Chhattisgarh, 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 Surguja or anywhere in Chhattisgarh can transfer funds instantly by using the correct IFSC Code SBIN0061556. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for State Bank Of India, Banaras Road Ambikapur, Surguja

Here are the main details that are associated with the IFSC Code SBIN0061556 of State Bank Of India for its branch located in Surguja, within the district of Ambikapur in the state of Chhattisgarh.

These details are essential not only for online banking users but also for businesses and individuals who use State Bank Of India in Surguja for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0061556 for the Banaras Road Ambikapur branch of State Bank Of India plays an important 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 SBIN0061556 is given to every bank branch, including State Bank Of India located in Banaras Road Ambikapur, Surguja, Chhattisgarh, 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 Surguja.
• 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 Surguja and Ambikapur.
• 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 Chhattisgarh and the rest of India, which is why the IFSC Code ensures that transactions meant for State Bank Of India in Banaras Road Ambikapur doesn't end up at another location.

Format of the IFSC Code SBIN0061556

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 Banaras Road Ambikapur in Surguja.

For example, the IFSC Code SBIN0061556 of State Bank Of India for the Banaras Road Ambikapur branch includes these elements, identifying the bank and the branch location in Surguja and Chhattisgarh accurately.

How to Find IFSC Code for State Bank Of India?

If you are looking for the IFSC Code SBIN0061556 of State Bank Of India for its Banaras Road Ambikapur branch located in Surguja, 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 Surguja and Ambikapur, 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 Banaras Road Ambikapur or Surguja to get the exact IFSC Code SBIN0061556.

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 Surguja, then it will provide you proper information.

How to Use IFSC Code SBIN0061556 for Online Transfers?

Once you have the IFSC Code SBIN0061556 for the Banaras Road Ambikapur branch of State Bank Of India in Surguja, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code SBIN0061556. The transfer is completed in batches instead of instantly. It is useful for both 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 SBIN0061556.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the State Bank Of India Banaras Road Ambikapur in Surguja, your payment can get delayed or might not go through at all.

Finding the MICR Code

MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of State Bank Of India in Banaras Road Ambikapur, here are some of the ways you can get 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.

Knowing both IFSC and MICR code can help account holders in Surguja manage their online transfers and cheque clearances easily.