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. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of State Bank Of India for its Puthenchira branch in Thrissur, Puthenchira, Kerala, then this guide will give you detailed information.
The banking system has evolved significantly in India, and today the customers of State Bank Of India located in Thrissur or anywhere in Kerala can transfer funds instantly by using the correct IFSC Code SBIN0071124. 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, Puthenchira, Thrissur
Here are the key points that are associated with the IFSC Code SBIN0071124 of State Bank Of India for its branch located in Thrissur, within the district of Puthenchira in the state of Kerala.
| Particulars | Details |
|---|---|
| Bank | State Bank Of India |
| IFSC Code | SBIN0071124 |
| Branch | Puthenchira |
| City | Thrissur |
| District | Puthenchira |
| State | Kerala |
| Address | Delightcomplex,Govthighschooljunction,Thrissurdistt,Kerala-680682 |
These details are essential not only for online banking users but also for businesses and individuals who use State Bank Of India in Thrissur for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0071124 for the Puthenchira 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 Puthenchira, Thrissur, Kerala, is provided a unique IFSC like SBIN0071124 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 Thrissur.
- 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 Thrissur and Puthenchira.
- 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 Kerala and the rest of India, the IFSC Code ensures that transactions meant for State Bank Of India in Puthenchira do not get misguided to another person.
Format of the IFSC Code SBIN0071124
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 Puthenchira in Thrissur.
For example, the IFSC Code SBIN0071124 of State Bank Of India for the Puthenchira branch has these elements, identifying the bank and the branch location in Thrissur and Kerala correctly.
How to Find IFSC Code for State Bank Of India?
If you are looking for the IFSC Code SBIN0071124 of State Bank Of India for its Puthenchira branch located in Thrissur, 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 Thrissur and Puthenchira, 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 Puthenchira or Thrissur to get the exact IFSC Code SBIN0071124.
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 Thrissur, then it will provide you proper information.
How to Use IFSC Code SBIN0071124 for Online Transfers?
Once you have the IFSC Code SBIN0071124 for the Puthenchira branch of State Bank Of India in Thrissur, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code SBIN0071124. 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 SBIN0071124.
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 Puthenchira in Thrissur 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 Puthenchira, 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 Thrissur to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is SBIN0071124.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Delightcomplex,Govthighschooljunction,Thrissurdistt,Kerala-680682 located in Thrissur, Puthenchira, Kerala.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.