This page lists the IFSC code, branch address, contact number and fund-transfer information for State Bank of India, BASANT RAI branch in GODDA. The 11-digit IFSC SBIN0017159 uniquely identifies this branch in the RBI's centralised payments network and is required for every NEFT, RTGS or IMPS transaction routed to this branch. If you are paying somebody who banks with State Bank of India at the BASANT RAI location, this is the only IFSC you need.
We have organised this page into clearly labelled sections so you can jump straight to the part that interests you — the IFSC and MICR details, the full postal address, the contact phone number, a quick primer on NEFT, RTGS and IMPS, the typical product line-up at the branch, and a frequently asked questions section that addresses the queries people raise most often about this branch.
An IFSC (Indian Financial System Code) is an 11-character alphanumeric code issued by the Reserve Bank of India. It uniquely identifies every bank branch that participates in the RBI's electronic fund-transfer systems – NEFT, RTGS and IMPS. The first four characters represent the bank, the fifth is always a zero (reserved for future use), and the last six characters identify the specific branch.
For State Bank of India's BASANT RAI branch, the IFSC SBIN0017159 breaks down as follows: SBIN identifies the bank, 0 is the reserved character, and 017159 identifies this particular branch.
About the bank
State Bank of India serves retail and corporate customers with a full range of deposit, lending, payments and digital banking products. Its Basant Rai branch in Godda, Jharkhand is part of this network and uses the IFSC code SBIN0017159 for all electronic settlement.
About this branch
The branch is located at VILL AND POST BASANT RAI,DISTT.GODDA,JHARKHAND 814 155. It serves the Godda region and is connected to the bank's core banking platform, which means transactions initiated here are instantly visible across all other branches of State Bank of India. The IFSC SBIN0017159 is used to identify this branch on the RBI payments network.
Branch details at a glance
| Bank Name | State Bank of India |
|---|---|
| Branch | Basant Rai |
| IFSC Code | SBIN0017159 |
| MICR Code | Refer to cheque leaf |
| Branch Address | VILL AND POST BASANT RAI,DISTT.GODDA,JHARKHAND 814 155 |
| City | Godda |
| District | Godda |
| State | Jharkhand |
| Phone | 9771479938 |
Why every State Bank of India branch has a unique IFSC
Before electronic settlement systems went live in India, money transfers between banks relied heavily on demand drafts, mail transfers and telegraphic transfers. These older instruments routinely took days to clear and were prone to misrouting because there was no single machine-readable identifier for a branch. The Reserve Bank of India solved this by issuing each participating branch — including BASANT RAI of State Bank of India — its own 11-character IFSC. The code SBIN0017159 is therefore not just an internal reference; it is the digital postcode that lets the RBI's NEFT, RTGS and IMPS rails route funds straight to the right branch ledger without any human intervention.
Today, almost every salary credit, vendor payment, refund and EMI deduction in the country flows through this network, which is exactly why a correct IFSC matters so much. A wrong character can either bounce the transfer or send it to the wrong branch, and reversing such a credit is a manual, time-consuming process. Treat IFSC SBIN0017159 the same way you would treat your account number — verify it once and save it carefully for future use.
MICR code & cheque clearing
Apart from IFSC, every cheque book issued by State Bank of India carries a 9-digit MICR (Magnetic Ink Character Recognition) code that is read by cheque-sorting machines. The MICR code, the IFSC SBIN0017159 and the account number together uniquely identify the Basant Rai branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.
How to transfer money using IFSC SBIN0017159
Online transfers in India are powered by three major channels — NEFT, RTGS and IMPS — and each one requires a destination IFSC. Below is a quick guide for using IFSC SBIN0017159 across all three.
NEFT to State Bank of India, BASANT RAI using IFSC SBIN0017159
National Electronic Funds Transfer is the simplest way to move money into an account at this branch. NEFT works around the clock, including Sundays and public holidays, and settles in half-hourly batches.
To send funds, add the recipient as a beneficiary in your bank's online portal, key in the account number, paste the IFSC SBIN0017159, and confirm that the system picks up State Bank of India – BASANT RAI. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
RTGS transfers via IFSC SBIN0017159
RTGS (Real-Time Gross Settlement) is the fastest high-value transfer mechanism in India. It is meant for transfers of ₹2 lakh and above and settles each transaction individually and instantly. To remit through RTGS to State Bank of India – BASANT RAI, ensure your bank's portal accepts IFSC SBIN0017159 while registering the beneficiary. RTGS is also available 24x7.
IMPS to State Bank of India BASANT RAI (IFSC SBIN0017159)
IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC SBIN0017159 in your mobile or internet banking app, and the money is credited to the BASANT RAI branch account within seconds.
Comparing NEFT, RTGS and IMPS for transfers to Basant Rai
The right transfer rail depends on how urgent the payment is, how large it is, and whether the receiving bank participates in the chosen scheme. Every option below works with the IFSC SBIN0017159:
- NEFT — best for everyday transfers of any amount; settles in half-hourly batches around the clock.
- RTGS — best for transfers of ₹2 lakh and above; settles each transaction individually in real time.
- IMPS — best when speed matters more than batch scheduling; instant credit up to ₹5 lakh.
- UPI — best for small peer-to-peer payments using a VPA; the underlying account at BASANT RAI is still linked to IFSC SBIN0017159.
For salary credits, vendor payouts and refunds, employers and merchants usually default to NEFT because of its zero per-transaction cost for retail customers and its 24x7 availability.
UPI payments and IFSC SBIN0017159
UPI (Unified Payments Interface) has become the default way for individuals to send money in India. While most UPI transactions are addressed using a Virtual Payment Address (VPA) like name@bank, the underlying account at State Bank of India – BASANT RAI is still mapped to IFSC SBIN0017159. When a customer links a savings or current account to a UPI app for the first time, the app silently looks up this IFSC against the account number to verify the account exists. The VPA acts as a friendly alias on top of the same plumbing.
If a UPI transfer to or from this branch fails, the most common reasons are an inactive UPI handle, a daily limit breach or a temporary outage at one of the participating banks — not the IFSC. You can always fall back to NEFT or IMPS using the IFSC SBIN0017159 and the beneficiary's account number to complete the transfer.
Products and account variants supported
Every account opened at the Basant Rai branch is mapped to IFSC SBIN0017159 on the RBI payments network. The branch generally supports the full retail product catalogue of State Bank of India, including:
- Resident savings accounts and salary accounts
- Current accounts for businesses and professionals
- Fixed deposits, recurring deposits and tax-saver deposits
- Demand drafts, banker's cheques and pay orders
- Retail loans — personal, vehicle, education, gold and home
- Credit cards and overdraft facilities (subject to eligibility)
- Third-party investment products such as mutual funds and insurance (through tie-ups)
Whichever product you choose, the IFSC for incoming credits remains SBIN0017159.
Products and services
Customers walking into the Basant Rai branch can access most of State Bank of India's standard product suite, including:
- Account opening – savings, current, NRI, salary
- Term deposits and recurring deposits
- Retail and small-business loans
- Insurance and mutual-fund tie-ups
- Locker, safe deposit and ATM card services
- Online and mobile banking activation
- Electronic transfers via IFSC SBIN0017159
Online banking and IFSC SBIN0017159
State Bank of India customers can register for net banking and the bank's official mobile app once their account at the BASANT RAI branch is active. Net banking lets you view balances, download statements, open fixed deposits, request cheque books and initiate NEFT/RTGS/IMPS transfers — all without setting foot in the branch. The IFSC SBIN0017159 is pre-filled by the bank for transfers originating from your own account, and you only need to enter it manually when adding an external beneficiary or sharing your account details with a third party.
How to reach the Basant Rai branch
The branch is located at VILL AND POST BASANT RAI,DISTT.GODDA,JHARKHAND 814 155, which puts it inside Godda, the broader Godda district, and the state of Jharkhand. To plan your visit:
- Open Google Maps on your phone and search for “State Bank of India Basant Rai branch” — the verified location pin for IFSC SBIN0017159 should appear at the top of the results.
- Confirm the branch is open by calling 9771479938 before stepping out, especially around public holidays.
- Carry photo ID and any account-related documents you may need for the transaction you plan to do.
Most banking work — passbook updates, fund transfers, statement downloads — can also be completed online without visiting the branch in person, as long as you know the IFSC SBIN0017159 and your account number.
Common mistakes to avoid when using IFSC SBIN0017159
An incorrect IFSC almost always results in a failed transfer or, worse, a credit to the wrong branch. Before you click Confirm on a transfer to State Bank of India – BASANT RAI, double-check for these issues:
- Confusing 0 with O. The fifth character of every IFSC is the digit
0, not the letter O. Read carefully. - Spaces or hyphens. Do not put spaces in the IFSC. It is exactly 11 characters:
SBIN0017159. - Wrong branch. A bank can have dozens of branches in the same city. Make sure you are using the IFSC for the actual branch where the beneficiary holds the account, not just any nearby branch.
- Old IFSC after a merger. If two banks have merged, the IFSC may have been reissued. Always verify with a recent passbook or cheque leaf.
- Copy-paste from chat. Auto-correct on phones can silently change letters in IFSC codes. Type carefully or copy from a trusted source like the cheque book.
Working hours
Branch counters at Basant Rai are usually open from 10 AM to 4 PM on weekdays. Saturdays follow the RBI's alternate-Saturday rule. Even when the branch is closed, NEFT, RTGS, IMPS and UPI transfers addressed to SBIN0017159 continue to work without interruption.
Verifying IFSC SBIN0017159 from official sources
The IFSC listed on this page is sourced from the RBI's master list and validated against the bank's branch directory. To double-check before transferring large sums, you can also confirm SBIN0017159 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on 9771479938.
- Visiting the bank's official branch locator page.
Branch address & contact
State Bank of IndiaBasant Rai Branch
VILL AND POST BASANT RAI,DISTT.GODDA,JHARKHAND 814 155
Godda, Jharkhand
Phone: 9771479938
IFSC: SBIN0017159
Frequently asked questions
Is IFSC SBIN0017159 valid for NEFT and RTGS?
Yes. IFSC SBIN0017159 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
Can I use IFSC SBIN0017159 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC SBIN0017159 to send funds instantly.
How quickly will an NEFT transfer using SBIN0017159 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to State Bank of India – Basant Rai reflect within 30 minutes.
What is the difference between IFSC and MICR code?
IFSC is an 11-character alphanumeric code used for online transfers, while MICR is a 9-digit numeric code printed on cheques and used by cheque-clearing machines. Both identify the Basant Rai branch but serve different purposes.
How do I add State Bank of India Basant Rai as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC SBIN0017159, and complete OTP verification. Once activated, you can transfer funds at any time.
Does State Bank of India Basant Rai branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on 9771479938 to confirm.
What is the phone number of State Bank of India Basant Rai branch?
You can reach the branch at 9771479938 during regular banking hours.
Summary
The IFSC code SBIN0017159 belongs to State Bank of India's BASANT RAI branch, located at VILL AND POST BASANT RAI,DISTT.GODDA,JHARKHAND 814 155 in GODDA, JHARKHAND. Use this code along with the beneficiary's account number for any NEFT, RTGS or IMPS transfer to this branch. Bookmark this page for quick reference whenever you need the branch's banking details.
