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 Panjal branch in Trissur, Panjal, or Kerala, 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 Trissur or anywhere in Kerala can transfer funds instantly by using the correct IFSC Code SBIN0008029. 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, Panjal, Trissur

Here are the main details that are associated with the IFSC Code SBIN0008029 of State Bank Of India for its branch located in Trissur, within the district of Panjal in the state of Kerala.

Particulars Details
Bank State Bank Of India
IFSC Code SBIN0008029
Branch Panjal
City Trissur
District Panjal
State Kerala
Address Saroja Vihar, 9 By445, Panjal, Thrissur, Kerala

These details are crucial, not just for online banking users but also for businesses and individuals who use State Bank Of India in Trissur for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0008029 for the Panjal 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 provided by the Reserve Bank of India. Every bank branch, along with State Bank Of India located in Panjal, Trissur, Kerala, are allotted a unique IFSC like SBIN0008029 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Trissur.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents confusion between different branches of the same bank in places like Trissur and Panjal.
  • 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 Panjal reaches the right place, even though there are thousands of branches in Kerala and across India.

Format of the IFSC Code SBIN0008029

The format of the IFSC Code for banks, including State Bank Of India, has an 11-character structure:

AAAA0CCCCCC

Here's the breakdown:

  • First 4 characters (AAAA): Show the bank code. For State Bank Of India, these letters represent the bank's short name.
  • 5th character: Is always zero and is kept for future use.
  • Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Panjal in Trissur.

For example, the IFSC Code SBIN0008029 of State Bank Of India for the Panjal branch includes these elements, identifying the bank and the branch location in Trissur and Kerala correctly.

How to Find IFSC Code for State Bank Of India?

If you are trying to find the IFSC Code SBIN0008029 of State Bank Of India for its Panjal branch located in Trissur, 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 Trissur and Panjal, 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 Panjal or Trissur to get the exact IFSC Code SBIN0008029.

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 Trissur that will provide accurate information.

How to Use IFSC Code SBIN0008029 for Online Transfers?

If you have the IFSC Code SBIN0008029 for the Panjal branch of State Bank Of India in Trissur, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code SBIN0008029. 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 SBIN0008029.

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 Panjal in Trissur, it 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 Panjal, 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 Trissur to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of State Bank Of India in Panjal, Trissur?

The IFSC Code is SBIN0008029.

Is the IFSC Code SBIN0008029 permanent?

Yes, but there can be changes during mergers or restructuring.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and the IFSC is for online transfers.

Where can I find the IFSC Code of State Bank Of India Panjal?

You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Panjal branch?

The address of the branch is Saroja Vihar, 9 By445, Panjal, Thrissur, Kerala located in Trissur, Panjal, Kerala.

What is the use of IFSC Code in online banking?

The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.