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 Betasing branch in West Garo Hills, Betasing, or Meghalaya, 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 West Garo Hills or anywhere in Meghalaya can transfer funds instantly by using the correct IFSC Code SBIN0005804. 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, Betasing, West Garo Hills

Here are some of the key details that come with the IFSC Code SBIN0005804 of State Bank Of India for its branch located in West Garo Hills, within the district of Betasing in the state of Meghalaya.

Particulars Details
Bank State Bank Of India
IFSC Code SBIN0005804
Branch Betasing
City West Garo Hills
District Betasing
State Meghalaya
Address Dist West Garo Hills,Meghalaya 794106

These details are crucial, not just for online banking users but also for businesses and individuals who use State Bank Of India in West Garo Hills for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0005804 for the Betasing 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, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including State Bank Of India located in Betasing, West Garo Hills, Meghalaya, is provided a unique IFSC like SBIN0005804 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 West Garo Hills.
  • 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 West Garo Hills and Betasing.
  • 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 Meghalaya and the rest of India, the IFSC Code ensures that transactions meant for State Bank Of India in Betasing do not get misguided to another person.

Format of the IFSC Code SBIN0005804

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 Betasing in West Garo Hills.

For example, the IFSC Code SBIN0005804 of State Bank Of India for the Betasing branch has these elements, identifying the bank and the branch location in West Garo Hills and Meghalaya correctly.

How to Find IFSC Code for State Bank Of India?

If you are trying to find the IFSC Code SBIN0005804 of State Bank Of India for its Betasing branch located in West Garo Hills, the following methods can help:

Cheque Book

The cheque book issued by State Bank Of India includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.

Passbook

Most banks, including State Bank Of India branches in West Garo Hills and Betasing, print the IFSC and MICR codes on the first page of your passbook.

Bank Website

Visit the official website of State Bank Of India and navigate to the branch locator section. Search for Betasing or West Garo Hills to get the exact IFSC Code SBIN0005804.

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 keeps an updated list of all IFSC codes. If you search for State Bank Of India and West Garo Hills, you'll get the correct details.

How to Use IFSC Code SBIN0005804 for Online Transfers?

Once you have the IFSC Code SBIN0005804 for the Betasing branch of State Bank Of India in West Garo Hills, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code SBIN0005804. 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 SBIN0005804.

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 Betasing in West Garo Hills, 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 Betasing, 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 West Garo Hills 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 Betasing, West Garo Hills?

The IFSC Code is SBIN0005804.

Is the IFSC Code SBIN0005804 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

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

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

What is the full address of the Betasing branch?

The address of the branch is Dist West Garo Hills,Meghalaya 794106 located in West Garo Hills, Betasing, Meghalaya.

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.