The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of State Bank Of India for its Khowai branch in West Tripura, Khowai, Tripura, this complete guide will provide you with detailed information.

The banking system in India has changed over the years, and today customers of State Bank Of India located in West Tripura or anywhere in Tripura can transfer funds instantly by using the correct IFSC Code SBIN0005591. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for State Bank Of India, Khowai, West Tripura

The table below shows the main details of the IFSC Code SBIN0005591 for the State Bank Of India branch in West Tripura, which falls under the Khowai district in Tripura.

Particulars Details
Bank State Bank Of India
IFSC Code SBIN0005591
Branch Khowai
City West Tripura
District Khowai
State Tripura
Address Dist West Tripura,Tripura 799201

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 SBIN0005591 for the Khowai 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, including State Bank Of India located in Khowai, West Tripura, Tripura, is provided with a unique IFSC like SBIN0005591 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It uniquely identifies the State Bank Of India branch in West Tripura.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any errors or confusions between multiple branches of the same bank across different places like West Tripura and Khowai.
  • It reduces errors in fund transfers and improves accuracy.
  • It allows sender banks to validate and confirm branch details before processing payments.

There are thousands of branches across Tripura and the rest of India and the IFSC Code ensures that transactions meant for State Bank Of India in Khowai do not get mixed with another location.

Format of the IFSC Code SBIN0005591

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): 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 Khowai in West Tripura.

For example, the IFSC Code SBIN0005591 of State Bank Of India for the Khowai 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 trying to find the IFSC Code SBIN0005591 of State Bank Of India for its Khowai branch located in West Tripura, 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 Tripura and Khowai, 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 Khowai or West Tripura to get the exact IFSC Code SBIN0005591.

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 Tripura, you'll get the correct details.

How to Use IFSC Code SBIN0005591 for Online Transfers?

If you have the IFSC Code SBIN0005591 for the Khowai branch of State Bank Of India in West Tripura, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code SBIN0005591. 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 SBIN0005591.

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 Khowai in West Tripura, 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 Khowai, 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 Tripura 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 Khowai, West Tripura?

The IFSC Code is SBIN0005591.

Is the IFSC Code SBIN0005591 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 Khowai?

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 Khowai branch?

The address of the branch is Dist West Tripura,Tripura 799201 located in West Tripura, Khowai, Tripura.

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.