SBIN0016705 IFSC Code, STATE BANK OF INDIA, BABUGANJ

IFSC Code of State Bank Of India, Babuganj, Uttar Pradesh IFSC CODE & MICR CODE

STATE BANK OF INDIA, BABUGANJ - SBIN0016705

  • Bank name: STATE BANK OF INDIA

Bank Address: Village Babuganj, Post Unchahar, Distt. Raebareli. Uttar Pradesh 229205

  • IFSC Code sbin0016705
  • Bank Code SBIN
  • Bank name STATE BANK OF INDIA
  • Bank contact number
  • Bank branch BABUGANJ
  • Bank ISO3166 Code IN-UP
  • Bank Center RAEBARELI
  • MICR Code 229002065
  • State name UTTAR PRADESH
  • District name RAEBARELI
  • City name BABUGANJ
  • Swift Swift not provided
  • IMPS No
  • NEFT No
  • UPI No
  • RTGS No

What is an IFSC Code?

The Indian Financial System Code (IFSC) is an 11-character alphanumeric code used to uniquely identify a bank branch for online fund transfers. The IFSC code for STATE BANK OF INDIA, BABUGANJ branch is SBIN0016705, ensures that your transactions are directed to the correct branch.

How to Use SBIN0016705 for Transactions?

  • NEFT: Use the IFSC code to transfer funds quickly to accounts in other banks.
  • RTGS: For high-value transactions, the IFSC code ensures your payment is processed instantly.
  • IMPS: The IFSC code allows 24/7 fund transfers, including weekends and holidays.

What is a MICR Code?

The Magnetic Ink Character Recognition (MICR) code is a 9-digit code used for processing paper-based transactions, such as cheques. For the BABUGANJ branch, this code complements the IFSC code for efficient banking operations.

Benefits of Using the Correct IFSC Code

  • Accuracy: Ensures your funds are directed to the right branch.
  • Security: Prevents fraudulent transactions by uniquely identifying each branch.