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 Rajgarh branch in Varanasi, Rajgarh, Uttar Pradesh, 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 Varanasi or anywhere in Uttar Pradesh can easily transfer funds instantly by using the correct IFSC Code SBIN0011238. 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, Rajgarh, Varanasi

Here are some of the key details that come with the IFSC Code SBIN0011238 of State Bank Of India for its branch located in Varanasi, within the district of Rajgarh in the state of Uttar Pradesh.

Particulars Details
Bank State Bank Of India
IFSC Code SBIN0011238
Branch Rajgarh
City Varanasi
District Rajgarh
State Uttar Pradesh
Address Mirzapur,Distmirzapurpin 231001

These details are crucial, not just for online banking users but also for businesses and individuals who use State Bank Of India in Varanasi for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0011238 for the Rajgarh 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 Rajgarh, Varanasi, Uttar Pradesh, are allotted a unique IFSC like SBIN0011238 to ensure that online payments reach the right destination.

The IFSC Code is important because:

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

Format of the IFSC Code SBIN0011238

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 Rajgarh in Varanasi.

For example, the IFSC Code SBIN0011238 of State Bank Of India for the Rajgarh branch includes these elements, identifying the bank and the branch location in Varanasi and Uttar Pradesh accurately.

How to Find IFSC Code for State Bank Of India?

If you are trying to find the IFSC Code SBIN0011238 of State Bank Of India for its Rajgarh branch located in Varanasi, 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 Varanasi and Rajgarh, 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 Rajgarh or Varanasi to get the exact IFSC Code SBIN0011238.

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 Varanasi that will provide accurate information.

How to Use IFSC Code SBIN0011238 for Online Transfers?

Once you have the IFSC Code SBIN0011238 for the Rajgarh branch of State Bank Of India in Varanasi, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code SBIN0011238. 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 SBIN0011238.

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 Rajgarh in Varanasi 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 Rajgarh, 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 Varanasi manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of State Bank Of India in Rajgarh, Varanasi?

The IFSC Code is SBIN0011238.

Is the IFSC Code SBIN0011238 permanent?

Yes, but it can change during merging or restructuring of the bank.

Is MICR the same as IFSC?

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

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

You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.

What is the full address of the Rajgarh branch?

The address of the branch is Mirzapur,Distmirzapurpin 231001 located in Varanasi, Rajgarh, Uttar Pradesh.

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.

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