IFSC Code SBIN0016969 - State Bank of India-SECTOR 12, PANIPAT-Panipat

Detail Information
IFSC Code SBIN0016969
Bank Name State Bank of India
Address SCO NO. 5, HUDA SHOPPING COMPLEX, SECTOR 12, PANIPAT, DISTT.PANIPAT. HARYANA 132103
District Panipat
State HARYANA
Branch Sector 12, panipat
Contact
Centre Available
IMPS Available
UPI Available
MICR 132002016
RTGS 1
NEFT Not Available
ISO3166 IN-HR
Bankcode SBIN

Overview of SBIN0016969

The IFSC code SBIN0016969 is associated with the Panipat SECTOR 12, PANIPAT Branch of State Bank of India. Located in the bustling city of Panipat, HARYANA, this branch is one of the many State Bank of India branches that cater to the banking needs of the local residents. The code "SBIN" in SBIN0016969 represents State Bank of India Bank, while 0016969 signifies the unique branch code for SECTOR 12, PANIPAT.

Significance of IFSC Code for Banking Transactions

The importance of the IFSC code, like SBIN0016969, for the SECTOR 12, PANIPAT Branch, cannot be overstated. It acts as an address that identifies both the State Bank of India and its specific branch in Panipat. This ensures that when you're transferring money or setting up a beneficiary for future transactions, your funds are directed to the correct bank branch. Without the IFSC code, the chances of errors in electronic fund transfers would be significantly higher, leading to potential financial losses and administrative hassles.

Deep Dive into SBIN0016969

The IFSC code SBIN0016969 is not just a random combination of letters and numbers. It holds significance in the banking world, especially for those who bank with State Bank of India in Panipat. Let's break down the details:

  • IFSC Code (SBIN0016969): This unique code is essential for electronic fund transfers. The first four characters "SBIN" represent the bank's name, State Bank of India. The last six characters "0016969" are a unique identifier for the SECTOR 12, PANIPAT branch.
  • Bank Name (State Bank of India): One of [country]'s leading banks, State Bank of India offers a wide range of banking products and financial services to its vast customer base.
  • Address (SCO NO. 5, HUDA SHOPPING COMPLEX, SECTOR 12, PANIPAT, DISTT.PANIPAT. HARYANA 132103): This specific address pinpoints the exact location of the branch, ensuring that customers can easily find it for their banking needs.
  • City & State (Panipat, HARYANA): The branch is situated in the heart of Panipat, the capital city of HARYANA. A city known for its [CITY_FEATURES].
  • Branch (SECTOR 12, PANIPAT): The [AREA_NAME] area in Panipat is a hub of activity, and the State Bank of India branch here caters to both individual and business banking needs.
  • Phone Number (): A direct line to the branch, this number ensures that customers can reach out for any queries, concerns, or banking assistance.

Search for IFSC/MICR Codes