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 Noksen branch in Tuensang, Noksen, Nagaland, 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 Tuensang or anywhere in Nagaland can transfer funds instantly by using the correct IFSC Code SBIN0015431. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for State Bank Of India, Noksen, Tuensang
Here are some of the key details that come with the IFSC Code SBIN0015431 of State Bank Of India for its branch located in Tuensang, within the district of Noksen in the state of Nagaland.
| Particulars | Details |
|---|---|
| Bank | State Bank Of India |
| IFSC Code | SBIN0015431 |
| Branch | Noksen |
| City | Tuensang |
| District | Noksen |
| State | Nagaland |
| Address | Po Noksen, Dist Tuensang, Nagalandpin 798616 |
These details are essential not only for online banking users but also for businesses and individuals who use State Bank Of India in Tuensang for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0015431 for the Noksen 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 Noksen, Tuensang, Nagaland, is provided a unique IFSC like SBIN0015431 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 Tuensang.
- 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 Tuensang and Noksen.
- 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 Nagaland and the rest of India, the IFSC Code ensures that transactions meant for State Bank Of India in Noksen do not get misguided to another person.
Format of the IFSC Code SBIN0015431
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 Noksen in Tuensang.
For example, the IFSC Code SBIN0015431 of State Bank Of India for the Noksen branch includes these elements, identifying the bank and the branch location in Tuensang and Nagaland accurately.
How to Find IFSC Code for State Bank Of India?
To find the IFSC Code SBIN0015431 of State Bank Of India for its Noksen branch located in Tuensang, the following methods can help you out:
Cheque Book
The cheque book issued by State Bank Of India includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.
Passbook
Most banks, including State Bank Of India branches in Tuensang and Noksen, 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 go to the branch locator section. Then search for Noksen or Tuensang to find the exact IFSC Code SBIN0015431.
Mobile Banking App
If you use State Bank Of India's mobile app, you can 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. Searching for State Bank Of India and Tuensang will provide accurate information.
How to Use IFSC Code SBIN0015431 for Online Transfers?
Once you have the IFSC Code SBIN0015431 for the Noksen branch of State Bank Of India in Tuensang, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code SBIN0015431. 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 SBIN0015431.
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 Noksen in Tuensang, it can 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 Noksen, here are some ways that 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.
If you know both IFSC and MICR codes, then it can help account holders in Tuensang manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is SBIN0015431.
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 Po Noksen, Dist Tuensang, Nagalandpin 798616 located in Tuensang, Noksen, Nagaland.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.