IFSC Code of State Bank Of India, Digboi Bazar, Tinsukia, Assam — SBIN0017663

For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of State Bank Of India for its Digboi Bazar branch in Tinsukia, Tinsukia, Assam, this comprehensive guide will provide you with detailed information.

The banking system in India has changed significantly over the years, and today customers of State Bank Of India located in Tinsukia or anywhere in Assam can transfer funds instantly by using the correct IFSC Code SBIN0017663. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for State Bank Of India, Digboi Bazar, Tinsukia

Here are the main details that are associated with the IFSC Code SBIN0017663 of State Bank Of India for its branch located in Tinsukia, within the district of Tinsukia in the state of Assam.

These details are crucial, not just for online banking users but also for businesses and individuals who use State Bank Of India in Tinsukia for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0017663 for the Digboi Bazar branch of State Bank Of India has 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 SBIN0017663 is given to every bank branch, including State Bank Of India located in Digboi Bazar, Tinsukia, Assam, 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 Tinsukia.
• 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 Tinsukia and Tinsukia.
• 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 Assam and the rest of India, which is why the IFSC Code ensures that transactions meant for State Bank Of India in Digboi Bazar doesn't end up at another location.

Format of the IFSC Code SBIN0017663

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 Digboi Bazar in Tinsukia.

For example, the IFSC Code SBIN0017663 of State Bank Of India for the Digboi Bazar branch includes these elements, identifying the bank and the branch location in Tinsukia and Assam accurately.

How to Find IFSC Code for State Bank Of India?

If you are trying to find the IFSC Code SBIN0017663 of State Bank Of India for its Digboi Bazar branch located in Tinsukia, 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 Tinsukia and Tinsukia, 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 Digboi Bazar or Tinsukia to get the exact IFSC Code SBIN0017663.

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 Tinsukia that will provide accurate information.

How to Use IFSC Code SBIN0017663 for Online Transfers?

Once you have the IFSC Code SBIN0017663 for the Digboi Bazar branch of State Bank Of India in Tinsukia, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code SBIN0017663. Transfers are processed in batches. Suitable for personal and business payments.

RTGS

Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.

IMPS

Instant 24×7 transfers. You need the recipient's account details and State Bank Of India IFSC Code SBIN0017663.

Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for State Bank Of India Digboi Bazar in Tinsukia, it can result in delayed or failed transactions.

Finding the MICR Code

MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of State Bank Of India in Digboi Bazar, you can find it by any of the following ways:

• Check the bottom of your cheque leaf.
• Go to the first page of your passbook.
• Visit the official State Bank Of India website.
• Search the RBI portal.

Having both IFSC and MICR codes helps account holders in Tinsukia manage online transfers as well as cheque clearances with ease.