It is very important to find IFSC code STBP0000242 of correct branch before initiating a NEFT or RTGS or IMPS transfer. Though all banks will have a mechanism to verify the IFSC Code, Bank Branch, Account Type and Name and any mismatch will result in failed transaction!
The best and simplest place to verify STBP0000242 IFSC code branch is the cheque book. Most banks now print IFSC Codes on the cheque books. Also, your account pass book should have the IFSC Code printed.
STBP0000242 is the IFSC Code for Malout branch of SBP Bank. This can be used for online funds transfer via NEFT, RTGS amd IMPS to SBP Bank account. The address of Malout branch is Gurdwara road teh muktsar dt., which is located in Muktsar District of Punjab State.
In State Bank Of Patiala IFSC Code, the first 4 characters (STBP) represent the bank name, 5th character is 0 (ZERO), which is reserved for future use. The last 6 characters (000242) represent the SBP Bank branch code.
*The IFSC Code information presented above is for reference only. Please verify IFSC Code STBP0000242 details before initiating any transaction!