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 Matinagar branch in West Tripura, Kokrajhar, 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 SBIN0009876. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for State Bank Of India, Matinagar, West Tripura
Here are some of the key details that come with the IFSC Code SBIN0009876 of State Bank Of India for its branch located in West Tripura, within the district of Kokrajhar in the state of Tripura.
| Particulars | Details |
|---|---|
| Bank | State Bank Of India |
| IFSC Code | SBIN0009876 |
| Branch | Matinagar |
| City | West Tripura |
| District | Kokrajhar |
| State | Tripura |
| Address | Dt West Tripura,Tripura 799131 |
These details helps users in online banking and for businesses and individuals who use State Bank Of India in West Tripura for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0009876 for the Matinagar branch of State Bank Of India plays a vital 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 Matinagar, West Tripura, Tripura, are allotted a unique IFSC like SBIN0009876 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 confusion between different branches of the same bank in places like West Tripura and Kokrajhar.
- 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 Matinagar reaches the right place, even though there are thousands of branches in Tripura and across India.
Format of the IFSC Code SBIN0009876
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 Matinagar in West Tripura.
For example, the IFSC Code SBIN0009876 of State Bank Of India for the Matinagar 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 SBIN0009876 of State Bank Of India for its Matinagar 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 Kokrajhar, 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 Matinagar or West Tripura to get the exact IFSC Code SBIN0009876.
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 SBIN0009876 for Online Transfers?
Once you have the IFSC Code SBIN0009876 for the Matinagar branch of State Bank Of India in West Tripura, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code SBIN0009876. 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 SBIN0009876.
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 Matinagar in West Tripura may result in delayed or failed transactions.
Finding the MICR Code
MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of State Bank Of India in Matinagar, you can find it by any of the following ways:
- Check the bottom of your cheque leaf.
- Go to the first page of your passbook.
- Visit the official State Bank Of India website.
- Search the RBI portal.
Having both IFSC and MICR codes helps account holders in West Tripura manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is SBIN0009876.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is Dt West Tripura,Tripura 799131 located in West Tripura, Kokrajhar, Tripura.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.