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 Bagwan branch in Tehri-Garhwal, Srinagar, or Uttarakhand, 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 Tehri-Garhwal or anywhere in Uttarakhand can transfer funds instantly by using the correct IFSC Code SBIN0008227. 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, Bagwan, Tehri-Garhwal
Below in the table are the key details related to IFSC Code SBIN0008227 of State Bank Of India for its branch located in Tehri-Garhwal, within the district of Srinagar in the state of Uttarakhand.
| Particulars | Details |
|---|---|
| Bank | State Bank Of India |
| IFSC Code | SBIN0008227 |
| Branch | Bagwan |
| City | Tehri-Garhwal |
| District | Srinagar |
| State | Uttarakhand |
| Address | Dist Tehri Garhwal,Uttaranchal 249126 |
These details are essential not only for online banking users but also for businesses and individuals who use State Bank Of India in Tehri-Garhwal for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0008227 for the Bagwan 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, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including State Bank Of India located in Bagwan, Tehri-Garhwal, Uttarakhand, is provided a unique IFSC like SBIN0008227 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 Tehri-Garhwal.
- 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 Tehri-Garhwal and Srinagar.
- 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 Uttarakhand and the rest of India, the IFSC Code ensures that transactions meant for State Bank Of India in Bagwan do not get misguided to another person.
Format of the IFSC Code SBIN0008227
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 Bagwan in Tehri-Garhwal.
For example, the IFSC Code SBIN0008227 of State Bank Of India for the Bagwan branch has these elements, identifying the bank and the branch location in Tehri-Garhwal and Uttarakhand correctly.
How to Find IFSC Code for State Bank Of India?
If you are trying to find the IFSC Code SBIN0008227 of State Bank Of India for its Bagwan branch located in Tehri-Garhwal, 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 Tehri-Garhwal and Srinagar, 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 Bagwan or Tehri-Garhwal to get the exact IFSC Code SBIN0008227.
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 Tehri-Garhwal that will provide accurate information.
How to Use IFSC Code SBIN0008227 for Online Transfers?
Once you have the IFSC Code SBIN0008227 for the Bagwan branch of State Bank Of India in Tehri-Garhwal, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code SBIN0008227. 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 SBIN0008227.
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 Bagwan in Tehri-Garhwal, your payment can get delayed or might not go through at all.
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 Bagwan, 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 Tehri-Garhwal to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is SBIN0008227.
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 Dist Tehri Garhwal,Uttaranchal 249126 located in Tehri-Garhwal, Srinagar, Uttarakhand.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.