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IFSC Code of State Bank Of India, Sme Palanpur, Ahmedabad, Gujarat — SBIN0063755

For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of State Bank Of India for its Sme Palanpur branch in Ahmedabad, Ahmedabad, Gujarat, this comprehensive guide will provide you with detailed information.

The banking system in India has changed significantly over the years, and today customers of State Bank Of India located in Ahmedabad or anywhere in Gujarat can transfer funds instantly by using the correct IFSC Code SBIN0063755. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for State Bank Of India, Sme Palanpur, Ahmedabad

Below in the table are the key details related to IFSC Code SBIN0063755 of State Bank Of India for its branch located in Ahmedabad, within the district of Ahmedabad in the state of Gujarat.

Particulars Details
Bank State Bank Of India
IFSC Code SBIN0063755
Branch Sme Palanpur
City Ahmedabad
District Ahmedabad
State Gujarat
Address Sbi Sme Branch Palanpur,Super Market Old Ganj Bazar,Abu Road Highway,Palanpur,Dist Banaraskatha,State Gujarat Pin -385001

These details are essential not only for online banking users but also for businesses and individuals who use State Bank Of India in Ahmedabad for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0063755 for the Sme Palanpur branch of State Bank Of India plays an important role.

What Is IFSC Code and Why Is It Important?

IFSC stands for Indian Financial System Code, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including State Bank Of India located in Sme Palanpur, Ahmedabad, Gujarat, is provided a unique IFSC like SBIN0063755 so that their online payments reach the right place.

The IFSC Code is important because:

  • It uniquely recognizes the State Bank Of India branch in Ahmedabad.
  • Helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any confusions between multiple branches of the same bank across different places like Ahmedabad and Ahmedabad.
  • It reduces most of the errors in fund transfers and makes sure its accuracy.
  • It enables sender banks to validate and confirm branch details before processing payments.

For thousands of branches across Gujarat and the rest of India, the IFSC Code ensures that transactions meant for State Bank Of India in Sme Palanpur do not get misguided to another person.

Format of the IFSC Code SBIN0063755

The format of the IFSC Code for banks, including State Bank Of India, follows an 11-character structure:

AAAA0CCCCCC

Here's the breakdown:

  • First 4 characters (AAAA): Show the bank code. For State Bank Of India, these letters represent the bank's short name.
  • 5th character: Is always zero and is kept for future use.
  • Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Sme Palanpur in Ahmedabad.

For example, the IFSC Code SBIN0063755 of State Bank Of India for the Sme Palanpur branch includes these elements, identifying the bank and the branch location in Ahmedabad and Gujarat accurately.

How to Find IFSC Code for State Bank Of India?

If you are trying to find the IFSC Code SBIN0063755 of State Bank Of India for its Sme Palanpur branch located in Ahmedabad, the following methods can help:

Cheque Book

The cheque book issued by State Bank Of India includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.

Passbook

Most banks, including State Bank Of India branches in Ahmedabad and Ahmedabad, print the IFSC and MICR codes on the first page of your passbook.

Bank Website

Visit the official website of State Bank Of India and navigate to the branch locator section. Search for Sme Palanpur or Ahmedabad to get the exact IFSC Code SBIN0063755.

Mobile Banking App

If you use State Bank Of India's mobile app, you can check your account details to find your branch's IFSC code.

RBI Website

The Reserve Bank of India keeps an updated list of all IFSC codes. If you search for State Bank Of India and Ahmedabad, you'll get the correct details.

How to Use IFSC Code SBIN0063755 for Online Transfers?

Once you have the IFSC Code SBIN0063755 for the Sme Palanpur branch of State Bank Of India in Ahmedabad, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code SBIN0063755. Transfers are processed in batches. Suitable for personal and business payments.

RTGS

Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.

IMPS

Instant 24×7 transfers. You need the recipient's account details and State Bank Of India IFSC Code SBIN0063755.

Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for State Bank Of India Sme Palanpur in Ahmedabad, it can result in delayed or failed transactions.

Finding the MICR Code

MICR codes are used for cheque clearance and differ from IFSC codes. If you are looking for the MICR code of State Bank Of India in Sme Palanpur, here are some ways to obtain it:

  • Check the bottom of your cheque leaf.
  • Refer to the first page of your passbook.
  • Visit the official State Bank Of India website.
  • Search the RBI portal.

Having both the IFSC and MICR codes makes it easy for account holders in Ahmedabad to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of State Bank Of India in Sme Palanpur, Ahmedabad?

The IFSC Code is SBIN0063755.

Is the IFSC Code SBIN0063755 permanent?

Yes, but it can change during merging or restructuring of the bank.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and IFSC is for online transfers.

Where can I find the IFSC Code of State Bank Of India Sme Palanpur?

You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.

What is the full address of the Sme Palanpur branch?

The address of the branch is Sbi Sme Branch Palanpur,Super Market Old Ganj Bazar,Abu Road Highway,Palanpur,Dist Banaraskatha,State Gujarat Pin -385001 located in Ahmedabad, Ahmedabad, Gujarat.

What is the use of IFSC Code in online banking?

The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.

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