SBIN0016974 IFSC Code, STATE BANK OF INDIA, MASARHI

IFSC Code of State Bank Of India, Masarhi, Bihar IFSC CODE & MICR CODE

STATE BANK OF INDIA, MASARHI - SBIN0016974

  • Bank name: STATE BANK OF INDIA

Bank Address: In The House Of Rajiv Singh S/o Late Awadesh Kumar Singh, At And Po Masarhi, Block Fatwah, Dist Patna, Bihar 803201 Mob 8578805212

  • IFSC Code sbin0016974
  • Bank Code SBIN
  • Bank name STATE BANK OF INDIA
  • Bank contact number
  • Bank branch MASARHI
  • Bank ISO3166 Code IN-BR
  • Bank Center PATNA
  • MICR Code 803002083
  • State name BIHAR
  • District name PATNA
  • City name PATNA
  • 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, MASARHI branch is SBIN0016974, ensures that your transactions are directed to the correct branch.

How to Use SBIN0016974 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 MASARHI 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.