IFSC Code of State Bank Of India, Chhattisgarh, RaiPur, New Shanti Nagar, RaiPur

SBIN0007237

State Bank Of India

State Bank Of India

IFSC Code

SBIN0007237
MICR Code

492002008
Bank Name State Bank Of India
District RaiPur
State Chhattisgarh
Address Shankarnagar Raipur, Raipur, Madhya Pradesh, 492007 ,pin - 492007
Phone

UPI

Available

NEFT

Available

RTGS

Available

IMPS

Available

IFSC Code of the State Bank Of India Branch Near You

List of all State Bank Of India Branch IFSC Code

AbhanPur

SBIN0013487

DHMATRI ROAD,ABHNAPUR,RAIPUR DIT493661
Adb Bhatapara

SBIN0001843

A D B BHATAPARA
Agrasen Chowk, RaiPur

SBIN0060301

552 BY 553,SARDAR BAZAR,NEAR GIRDHAR BHAVAN,RAIPUR CHHTISGARH
Arang

SBIN0010828

MAIN ROAD ARANG,PO ARANG,DISTRAIPUR CG,PIN493441
Baloda Bazar

SBIN0001048

DIST RAIPUR, CHATTISGARH, 493332
BhanPuri

SBIN0012147

BHANPURI,BILASPUR ROAD,BHANPURI,,BHANPURI,DIST RAIPUR,DISTRAIPUR 493221
Bilaigarh

SBIN0005770

TEHSIL BALODA BAZAR, DISTT. RAIPUR, CHHATTISGARH 493338
Chhura

SBIN0005771

DISTRAIPUR CHATTISGARH 493996
Collectorate Br Rudri

SBIN0010148

RUDRIT. DHAMTARICHATTISGARH 493773
Commercial Branch

SBIN0008536

STATE BANK OF INDIA, COMMERCIAL BRANCH, MID CORPORATE GROUP, SECOND FLOOR, PUJARI CHAMBERS, PACHPEDI NAAKA, RAIPUR, PIN 492001
Cppc RaiPur

SBIN0063948

GROUND AND FIRST FLOOR SBI KUTCHERY BRANCH RAIPUR,BALASHRAM COMPLEX JAIL ROAD,RAIPUR-492001
Dharsiwa

SBIN0017095

NEAR POLICE STATION, DHARSIWA, DISTT.RAIPUR, CHHATTISGARH 492221
Document Archival Centre, RaiPur

SBIN0018997

URLA, RAIPUR, DISTT.RAIPUR. CHHATTISGARH-493221
Dumartarai

SBIN0018371

DUMARTARAI, L.K.LOGISTIC PARK, NATIONAL HIGHWAY 43, DUMARTARAI, RAIPUR, DIST.RAIPUR, CHATTISGARH-492015
Fslo, RaiPur

SBIN0062222

FUND SETTLEMENT LINK OFFICE, 2ND FLOOR, ADMINISTRATIVE OFFICE, BYRON BAZAR, RAIPUR-492001
Gariaband

SBIN0004745

RAIPUR STATE CHATTISGARH PIN 493009
Gatadih

SBIN0009747

TEHBILAIGARH
Gayatri Nagar RaiPur

SBIN0017729

MAIN ROAD,GEETANJALI NAGAR,RAIPUR,DISTT.RAIPUR.CHHATTISGARH 492007
Gcet, RaiPur

SBIN0002852

GOVT COLLEGE OF ENGG CAMPUS RAIPUR,DISTRAIPUR,492008
Grasim Cement, Rawan

SBIN0010150

VILLAGE RAWAN, DISTT RAIPUR PIN 493196
Hirmi

SBIN0009997

DIST RAIPUR CHATTISGARH 493195
Iim Sejbahar, RaiPur

SBIN0016903

SEJBAHAR, OLD RAIPUR DHAMTARI ROAD, RAIPUR, DISTT.RAIPUR. CHHATTISGARH 492001
Indira Gandhi Krishi Vishwavidyalaya Branch RaiPur

SBIN0018212

ARANG ROAD, LABHANDI, DISTT.RAIPUR, CHATTISGARH 492012
Industrial EState, Urla,raiPur

SBIN0009532

RAIPURRAIPUR, 493221 , PIN - 493221
Kabir Nagar RaiPur

SBIN0017732

NEAR GOL CHOWK,KABIR NAGAR,RAIPUR,DISTT.RAIPUR.CHHATTISGARH 492007
Kapsi

SBIN0061734

NETAJI CHOWK,GROUND FLOOR,BISWAS ENGINEERING AND CONSTRUCTION SERVICES,KAPSI - 494771
Kasdol

SBIN0010829

MAIN ROAD KASDOL, P O KASDOL, DIST RAIPUR C G
Kharora

SBIN0013658

KHARORA BALODA BAZAR ROAD, VILL KHARORA, TEHSIL TILDA, DISTT RAIPUR, CHHATISGARH493225
Kum Pandritarai, RaiPur

SBIN0006085

PANDRI TARAI, RAIPUR,PIN - 492004
Lawan

SBIN0018181

LAWAN, MAIN ROAD LAWAN, BALODABAZAR , CHHATTISGARH-493526
Mahadevghat Road, RaiPur

SBIN0061557

MADHAVGHAT ROAD, SHEETALAPARA, RAIPURA RAIPUR (C.G.)-492013
Mana

SBIN0013657

MAIN ROAD,MANA CAMP,DISTT RAIPUR,C G 492015
Mandhar

SBIN0002874

DIST RAIPUR, CHATTISGARH, 493111
Mandir Hasaud

SBIN0017096

MAIN ROAD, MANDIR HASAUD, RAIPUR
Mowa

SBIN0012148

VILL MOWA,TEHSIL RAIPUR,DIST RAIPUR 492004
Nagri

SBIN0010832

SIHAWA ROAD,NEAR GANDHI CHOWK,PO NAGRI,DISTRAIPUR,CHHATTISGARH
NawaPura Rajim

SBIN0002879

DIST RAIPUR, CHHATTISGARH 493 881
Neora

SBIN0001470

DIST RAIPUR, CHATTISGARH 493114
New Rajendra Nagar

SBIN0016156

GEEKAY MILESTONE AMLIDIH ROAD, NEW RAJENDRA NAGAR, DIST. RAIPUR, CHATTISGARH 492006
Office Administration Section RaiPur

SBIN0006171

DIST RAIPURSTATE CHATTISGARHPIN 492007
P & Sb, RaiPur

SBIN0030500

3 BY 326,CIVIL LINES,INDRAWATI COLONY ROAD
Pachpedi Naka RaiPur

SBIN0010165

ROYAL TOWERS, DHAMTARI ROAD, PACHPEDI NAKA, RAIPUR, CHHATTISGARH 492001
Palari

SBIN0014397

PALARI,GAURAV PATH,ROHANSI ROAD,PALARI TAH PALARI DISTT RAIPUR C G 493228
Palod

SBIN0030313

PALOD
Pbb Central Avenue RaiPur

SBIN0012289

PBB BRANCH CENTRAL AVENUE,CHOUBEY COLONEY RAIPUR,DISTRAIPUR492010
Pbb RaiPur, Bhopal

SBIN0004325

SBI, MAIN BRANCH BUILDING, 1ST FLOOR,JAISTAMBH CHOWK ,RAIPUR ,PIN - 492001
Phaphadih

SBIN0001640

RAIPUR,CHATTISGARH,PIN 492001
Purani Basti RaiPur

SBIN0016155

TATYAPARA ROAD, RAIPUR, DISTT. RAIPUR. CHHATTISGARH492001
Racc RaiPur Fimm

SBIN0062593

ADMINISTRATIVE OFFICE BUILDING, BYRON BAZAR
RaiPur

SBIN0050870

OPP RAJKUMAR COLLEGEG EROADRAIPUR 492001
RaiPur

SBIN0030172

11 BY 12,M.G.ROAD
Ramsagar Para

SBIN0005221

PUROHIT PLAZA 1ST FLR MAIN ROAD RAMSAGARPARAT RAIPUR CHHATTISGARH
Rasecc, Bhilai

SBIN0005270

DIST RAIPUR STATE CHATTISGARH
Rasecc, RaiPur

SBIN0005035

SBI ZONAL OFFICEBAYRON BAZARRAIPUR
Rasedi, Sonadih

SBIN0009264

DIST RAIPUR, CHATTISGARH 493332
Regional Business Office , RaiPur

SBIN0013495

REGION 1, ADMINISTRATIVE OFFICE BUILDING BYRON BAZAR, RAIPUR C.G. 492001
Ring Road, RaiPur

SBIN0013519

RING ROAD RAIPUR,NATIONAL GARAGE,RING ROAD,RAIPUR,CHHATISHGARH,DIST RAIPUR492001
Rohansi

SBIN0009100

DISTRAIPUR CHATTISGARH 493228
Saddu RaiPur

SBIN0017733

MAIN ROAD,SADDU,RAIPUR,DISTT.RAIPUR.CHHATTISGARH 492007
Santoshi Nagar, RaiPur

SBIN0061097

WARDNO52,CHANDRASHEKHARAZADWARD,OPP.BANKOFBARODA,SANTOSHINAGAR,RAIPUR,DISTT.RAIPUR.CHHATTISGARH492001
Sarc, RaiPur

SBIN0010009

PREMISES OF Z.O.,BYRON BAZAR,RAKKPUR
Sbild RaiPur

SBIN0007403

STATE BANK INSTITUTE OF LEARNING AND DEVELOPMENT,RAMNAGAR,NEAR KARMA CHOWK,KOTA ROAD,PO - GUDIYARI,RAIPUR-492009
Shastri Market, RaiPur

SBIN0009511

LOKASH-COMPLEX, MAIN ROADBAIJNATH PARA,RAIPUR PIN - 492001
Shfb RaiPur

SBIN0004440

ZONAL OFFICE PREMISES,BYRON BAZAR ,RAIPUR - CHHATTISGARH ,PIN - 492001
Shivanand Nagar RaiPur

SBIN0071174

GRFLR,KH445BY2,GUDIYARIROAD,SHIVANANDNAGAR,RAIPUR,CHHATISGARH,492009
Simga

SBIN0010830

SIMGA, TILDA ROAD, P O SIMGA, DISTT RAIPUR CG 493101
Sme Branch Pandri

SBIN0063712

ADMINISTRATIVE OFFICE,STATE BANK OF INDIA,1ST FLOOR,BYRON BAZZAR,RAIPUR-492001
Smeccc, RaiPur

SBIN0011775

RAIPUR ZONAL OFFICE,BYRON BAZAR,RAIPUR
Ssi RaiPur

SBIN0003577

2ND FLOOR RAVI BHAVANJAISTAMBH CHOWK RAIPUR, MP 492001
Sundar Nagar RaiPur

SBIN0012326

69,MAHADEO GHAT ROAD,SUNDAR NAGR,DISTRAIPUR492013
Telebandha

SBIN0005194

G E ROAD NEAR RAILWAY LINET RAIPUR CHHATTISGARH 492006
Tifra, BilasPur

SBIN0006276

RAIPUR BILASPUR ROAD, POST BILASPUR, PIN - 495223
Vip EState RaiPur

SBIN0013004

VIP ESTATE RAIPUR,,DIST RAIPUR,DISTRAIPUR

What is an IFSC Code?

The Indian Financial System Code (IFSC) is an 11-character alphanumeric code issued by the Reserve Bank of India to every bank branch in India. This code is used to uniquely identify each branch and facilitates easy electronic payments. In the Indian banking system, the IFSC code is essential for smooth electronic transactions like NEFT, RTGS, and IMPS. Each IFSC code is specifically assigned to a branch, making it easily identifiable and ensuring every transaction is executed perfectly.

IFSC Code Structure

The IFSC code is an 11-character code that follows the structure below:

  • First Four Characters: Alphabets indicating the bank's name. In "BANK0123456," "BANK" signifies the bank.
  • Fifth Character: This is always '0' (zero), reserved for future use to ensure flexibility.
  • Last Six Characters: Either alphabets or numbers characterizing the specific branch of the bank.

Example: In the IFSC code "SBIN0016654," "SBIN" identifies the bank, and "016654" identifies the branch. This unique format makes every branch easily identifiable.

How to Obtain the IFSC Code

Finding an IFSC code is easy. Here are a few methods:

  • Cheque Book: Look at the upper-left section of the cheque leaves issued by the bank for your IFSC code.
  • Bank Passbook: The IFSC code is also provided on the first page of the bank passbook given when you open an account.
  • Official Website of the Bank: Nearly all banks offer an online search facility where you can find the IFSC code of their branches.
  • Online Banking Portals: Within online banking services, you can find the IFSC code for your branch or any other.
  • Mobile Banking Apps: Most banking apps have an option for branch details, where you can check the IFSC code.
  • RBI Website: The Reserve Bank of India maintains a comprehensive list of all banks and their branches with their respective IFSC codes.
  • Third-Party Websites: Some third-party websites that offer fund transfer services provide the IFSC code based on the bank and branch name.

Why is the IFSC Code Important in Fund Transfers?

The IFSC code is crucial for various electronic fund transfers. Here’s how it is used in different payment systems:

  • NEFT (National Electronic Funds Transfer): IFSC Codes facilitate the transfer of funds from one bank account to another in India, ensuring transactions are forwarded to the right bank and branch smoothly and without mistakes.
  • RTGS (Real-Time Gross Settlement): For high-value transactions, the IFSC code ensures secure and instant monetary transfers through real-time gross settlement.
  • IMPS (Immediate Payment Service): The IFSC code enables instant fund transfers, especially between different banks. IMPS operates 24/7, and the IFSC code ensures the transaction is directed to the correct branch instantly.
  • Error Prevention: Using the correct IFSC code reduces the chance of remitting money to the wrong account due to an incorrectly entered IFSC code. It acts as a control checkpoint to ensure the transaction is being sent to the intended recipient's bank branch.

What is the Use of an IFSC Code?

The IFSC code has numerous uses within the banking system:

  • Enable Electronic Transfers: IFSC codes are essential for electronic transactions such as NEFT, RTGS, and IMPS. No transaction can be made without this code.
  • Unique Identification of Bank Branch: Every IFSC code uniquely identifies a particular bank branch to ensure transactions reach the right destination.
  • Ensures Risk-Free Transactions: The IFSC code ensures that money reaches the correct bank and branch, eliminating errors in the transaction process.
  • Enables Online Banking: IFSC codes are crucial when adding a new beneficiary in online banking systems, ensuring the correct routing of funds.

Importance of Loan and Interest Calculator

Calculators are indispensable tools for financial planning, helping users make informed decisions. Here are some of the most commonly used types:

Loan Calculators

  • Loan Calculator Vehicle: Helps determine monthly payments for vehicle loans.
  • Loan Calculator 30 Year: Calculates monthly payments for a 30-year loan term.
  • Loan Calculator Yearly Payment: Provides an annual breakdown of loan payments.
  • Loan Calculator VA: Tailored for VA loans, assisting veterans in calculating their mortgage payments.

EMI Calculators

  • EMI Calculator for Home Loan: Calculates the Equated Monthly Installment (EMI) for home loans.
  • EMI Calculator US: Designed for users in the US to compute their home loan EMIs.
  • EMI Calculator on Home Loan: Another tool for calculating home loan EMIs, ensuring accurate monthly payment estimates.

Interest Calculators

  • Interest calculator yearly: Calculates the annual interest on loans or investments.

SIP Calculators

  • SIP Calculator India: Designed for Indian investors to calculate returns on Systematic Investment Plans (SIPs).
  • SIP Calculator Return: Estimates the returns on SIP investments.
  • SIP Calculator Mutual Fund: Calculates potential returns from mutual fund SIPs.
  • SIP Calculator Months: Provides monthly breakdowns of SIP investments.
  • SIP Calculator Online: An online tool for calculating SIP returns.
  • SIP Calculator Yearly: Offers yearly projections of SIP returns.

PPF Calculators

  • PPF Calculator India: Calculates returns on Public Provident Fund (PPF) investments in India.
  • PPF Generator: Generates detailed reports on PPF investments.
  • PPF Calculator 15 years: Estimates returns over a 15-year period.
  • PPF Calculator 30 years: Projects returns over a 30-year period

Conclusion

The IFSC code is a vital part of the Indian banking world, ensuring safe and easy online fund transfers. Whether you are doing NEFT, RTGS, or IMPS, the IFSC code ensures that your money reaches its intended destination. It is also significant in handling cheques, where the MICR code plays an important role. Together, these codes are crucial in enabling the smooth operation of banking transactions. Understanding their importance and correct use is indispensable for anyone dealing with electronic transactions in India.

Frequently Asked Questions

The IFSC code ensures the correct routing of electronic fund transfers to the concerned bank's particular branch, reducing errors and making transactions secure.

The IFSC code can be found on the bank's checkbook, passbook, official website, RBI website, or mobile banking application.

No, different branches of every bank have different IFSC codes to identify each branch correctly for internet-based transactions.

If you enter the wrong IFSC code while transferring funds, the transaction may be declined or sent to the wrong bank. Immediately contact your bank to rectify the issue.

The IFSC code comprises 11 characters: the first four characters represent the bank, the fifth is '0', and the remaining six describe the specific branch.

No, the IFSC code is designed for domestic electronic fund transfers in India. International transactions are made using SWIFT codes.

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