IFSC Code of State Bank Of India, Lilong, Lilong, Manipur — SBIN0018971

There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of State Bank Of India for its Lilong branch in Thoubal, Lilong, Manipur, then this comprehensive guide will provide you with detailed information.

The banking system in India has changed over time, and today the customers of State Bank Of India situated in Thoubal or anywhere in Manipur can easily transfer funds instantly by using the correct IFSC Code SBIN0018971. You should 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, Lilong, Thoubal

Here are the main details that are associated with the IFSC Code SBIN0018971 of State Bank Of India for its branch located in Thoubal, within the district of Lilong in the state of Manipur.

These details help users in online banking and for businesses and individuals who use State Bank Of India in Thoubal for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0018971 for the Lilong 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, along with State Bank Of India located in Lilong, Thoubal, Manipur, are allotted a unique IFSC like SBIN0018971 to ensure that online payments reach the right destination.

The IFSC Code is important because:

• It clearly tells which bank branch it is in Thoubal.
• It helps NEFT, RTGS, and IMPS systems route the transfer securely.
• It prevents confusion between different branches of the same bank in places like Thoubal and Lilong.
• It reduces errors in fund transfers and improves accuracy.
• It helps the sender banks to validate and confirm branch details before processing payments.

It makes sure that money sent to State Bank Of India in Lilong reaches the right place, even though there are thousands of branches in Manipur and across India.

Format of the IFSC Code SBIN0018971

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 Lilong in Thoubal.

For example, the IFSC Code SBIN0018971 of State Bank Of India for the Lilong branch includes these elements, identifying the bank and the branch location in Thoubal and Manipur accurately.

How to Find IFSC Code for State Bank Of India?

If you are looking for the IFSC Code SBIN0018971 of State Bank Of India for its Lilong branch located in Thoubal, 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 Thoubal and Lilong, 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 Lilong or Thoubal to get the exact IFSC Code SBIN0018971.

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 Thoubal, then it will provide you proper information.

How to Use IFSC Code SBIN0018971 for Online Transfers?

If you have the IFSC Code SBIN0018971 for the Lilong branch of State Bank Of India in Thoubal, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code SBIN0018971. 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 SBIN0018971.

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 Lilong in Thoubal, it may result in delayed or failed transactions.

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 Lilong, 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 Thoubal manage their online transfers and cheque clearances easily.