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 Akhawara Road branch in West Tripura, Agartala, or Tripura, 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 Tripura or anywhere in Tripura can transfer funds instantly by using the correct IFSC Code SBIN0018504. 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, Akhawara Road, West Tripura
Here are the key points that are associated with the IFSC Code SBIN0018504 of State Bank Of India for its branch located in West Tripura, within the district of Agartala in the state of Tripura.
| Particulars | Details |
|---|---|
| Bank | State Bank Of India |
| IFSC Code | SBIN0018504 |
| Branch | Akhawara Road |
| City | West Tripura |
| District | Agartala |
| State | Tripura |
| Address | Akhawara Road, Post-Agartala, Dist.West Tripura, Tripura-799001 |
These details are important not only for users using online banking but also for businesses and individuals who use State Bank Of India in West Tripura for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code SBIN0018504 for the Akhawara Road branch of State Bank Of India is vital.
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 Akhawara Road, West Tripura, Tripura, are given a unique IFSC like SBIN0018504 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in West Tripura.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents any kind of confusion between different branches of the same bank in places like West Tripura and Agartala.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It helps ensure that any money sent to State Bank Of India in Akhawara Road goes to the correct branch. This is important because State Bank Of India has thousands of branches in Tripura and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code SBIN0018504
The format of the IFSC Code for banks, including State Bank Of India, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown of this:
- First 4 characters (AAAA): Represent the bank code. For State Bank Of India, these characters are the bank's short identifier.
- 5th character (0): Always zero which is reserved for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Akhawara Road in West Tripura.
For example, the IFSC Code SBIN0018504 of State Bank Of India for the Akhawara Road branch includes these elements, identifying the bank and the branch location in West Tripura and Tripura accurately.
How to Find IFSC Code for State Bank Of India?
If you are looking for the IFSC Code SBIN0018504 of State Bank Of India for its Akhawara Road branch located in West Tripura, the following methods can help:
Cheque Book
The cheque book that is issued by State Bank Of India includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.
Passbook
Most of the banks, including State Bank Of India branches in West Tripura and Agartala, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
You can visit the official website of State Bank Of India and look for the branch locator section, then search for Akhawara Road or West Tripura to get the exact IFSC Code SBIN0018504.
Mobile Banking App
If you use State Bank Of India's mobile app, you can check your account details to easily find your branch's IFSC code.
RBI Website
The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for State Bank Of India and West Tripura, then it will provide you proper information.
How to Use IFSC Code SBIN0018504 for Online Transfers?
Once you have the IFSC Code SBIN0018504 for the Akhawara Road branch of State Bank Of India in West Tripura, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code SBIN0018504. The transfer is completed in batches instead of instantly. It is useful for both 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 SBIN0018504.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the State Bank Of India Akhawara Road in West Tripura, your payment can get delayed or might not go through at all.
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 Akhawara Road, 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 West Tripura to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code of the Akhawara Road West Tripura branch is SBIN0018504.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at Akhawara Road, Post-Agartala, Dist.West Tripura, Tripura-799001.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.