State Bank of India – CAC HOJAI (IFSC Code)
| Bank Name | State Bank of India |
| IFSC Code | SBIN0061988 |
| MICR Code | 782002304 |
| Branch | CAC HOJAI |
| Address | HOJAI MAIN BRANCH PREMISES,MAIN ROAD HOJAI-782435 |
| City | HOJAI |
| District | HOJAI |
| State | ASSAM |
Frequently Asked Questions
What is the IFSC Code of State Bank of India CAC HOJAI?
The IFSC code is SBIN0061988 for the CAC HOJAI branch of State Bank of India.
What is the address of State Bank of India CAC HOJAI?
The branch is located at HOJAI MAIN BRANCH PREMISES,MAIN ROAD HOJAI-782435, in the city of HOJAI, HOJAI, ASSAM.
In which district does State Bank of India CAC HOJAI fall?
This branch is situated in the HOJAI district of Assam.
What is the MICR Code of State Bank of India?
The MICR code for this branch is 782002304.
Branch Code vs IFSC Code vs MICR Code: Essential Banking Identifiers Explained
Are you confused about different banking codes? Understanding the unique purposes of branch codes, IFSC codes, and MICR codes is crucial for smooth banking transactions. Let’s break down these essential banking identifiers and their specific functions.
What is a Branch Code?
Branch codes are unique identifiers that distinguish individual bank branches within the same network. These alphanumeric combinations help with:
- Internal bank operations
- Record-keeping systems
- Customer service tracking
- Administrative processes
Understanding IFSC Codes
The Indian Financial System Code (IFSC) is critical for electronic fund transfers in India. This 11-character alphanumeric code:
- Is assigned by the Reserve Bank of India
- Enables NEFT and RTGS transactions
- Ensures accurate routing between banks
- Minimizes transaction errors and delays
The Role of MICR Codes
Magnetic Ink Character Recognition (MICR) technology authenticates banks on documents like cheques. MICR codes:
- Use special magnetic ink printing
- Appear at the bottom of cheques
- Enable automated cheque processing
- Identify the specific bank and branch of origin
Why These Banking Codes Matter
While serving different purposes, these banking identifiers collectively ensure secure, efficient financial transactions. Branch codes facilitate internal operations, IFSC codes enable electronic transfers, and MICR codes authenticate cheque processing—each playing a vital role in modern banking infrastructure.
Understanding these distinctions helps consumers navigate banking systems more effectively and ensures smoother financial operations.