Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of State Bank Of India for its Mini Racpc Ahmednagar branch in Ahmednagar, Ahmednagar, Maharashtra, then this guide will give you detailed information.

The banking system has evolved significantly in India, and today the customers of State Bank Of India located in Ahmednagar or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code SBIN0064407. You should definitely know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.

Details of IFSC Code for State Bank Of India, Mini Racpc Ahmednagar, Ahmednagar

Below in the table are the key details related to IFSC Code SBIN0064407 of State Bank Of India for its branch located in Ahmednagar, within the district of Ahmednagar in the state of Maharashtra.

Particulars Details
Bank State Bank Of India
IFSC Code SBIN0064407
Branch Mini Racpc Ahmednagar
City Ahmednagar
District Ahmednagar
State Maharashtra
Address Sbi Main Branch Building,Gpo Chowkpune Ahmednagar Road,Ahmednagar

These details are essential not only for online banking users but also for businesses and individuals who use State Bank Of India in Ahmednagar for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0064407 for the Mini Racpc Ahmednagar 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, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, along with State Bank Of India located in Mini Racpc Ahmednagar, Ahmednagar, Maharashtra, are allotted a unique IFSC like SBIN0064407 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Ahmednagar.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents confusion between different branches of the same bank in places like Ahmednagar and Ahmednagar.
  • It reduces errors in fund transfers and improves accuracy.
  • It helps the sender banks to validate and confirm branch details before processing payments.

It makes sure that money sent to State Bank Of India in Mini Racpc Ahmednagar reaches the right place, even though there are thousands of branches in Maharashtra and across India.

Format of the IFSC Code SBIN0064407

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

AAAA0CCCCCC

Here's the explanation:

  • First 4 characters (AAAA): This is the bank code. For State Bank Of India, these characters are the bank's short identifier.
  • 5th character (0): This stays zero till there is any future use.
  • Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Mini Racpc Ahmednagar in Ahmednagar.

For example, the IFSC Code SBIN0064407 of State Bank Of India for the Mini Racpc Ahmednagar branch includes these elements, identifying the bank and the branch location in Ahmednagar and Maharashtra accurately.

How to Find IFSC Code for State Bank Of India?

If you are trying to find the IFSC Code SBIN0064407 of State Bank Of India for its Mini Racpc Ahmednagar branch located in Ahmednagar, 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

You can easily find the IFSC and MICR codes because most banks, including State Bank Of India branches in Ahmednagar and Ahmednagar, print them 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 Mini Racpc Ahmednagar or Ahmednagar to get the exact IFSC Code SBIN0064407.

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 Ahmednagar, you'll get the correct details.

How to Use IFSC Code SBIN0064407 for Online Transfers?

Once you have the IFSC Code SBIN0064407 for the Mini Racpc Ahmednagar branch of State Bank Of India in Ahmednagar, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code SBIN0064407. The transfer is completed in batches instead of instantly. It is useful for both personal and business payments.

RTGS

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

IMPS

Instant 24×7 transfers. Requires the recipient's account details and State Bank Of India IFSC Code SBIN0064407.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the State Bank Of India Mini Racpc Ahmednagar in Ahmednagar, your payment can get delayed or might not go through at all.

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 Mini Racpc Ahmednagar, 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 Ahmednagar 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 Mini Racpc Ahmednagar Ahmednagar?

The IFSC Code of the Mini Racpc Ahmednagar Ahmednagar branch is SBIN0064407.

Is IFSC Code SBIN0064407 permanent?

Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.

Is IFSC the same as MICR?

No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.

Where can I find the IFSC Code of my bank branch?

You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.

What is the address of the State Bank Of India Mini Racpc Ahmednagar branch?

The branch is located at Sbi Main Branch Building,Gpo Chowkpune Ahmednagar Road,Ahmednagar.

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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