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IFSC Code of State Bank Of India, Racc Haldwani, Almora, Uttarakhand — SBIN0062334

The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of State Bank Of India for its Racc Haldwani branch in Almora, Almora, Uttarakhand, this complete guide will provide you with detailed information.

The banking system in India has changed over the years, and today customers of State Bank Of India located in Almora or anywhere in Uttarakhand can transfer funds instantly by using the correct IFSC Code SBIN0062334. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for State Bank Of India, Racc Haldwani, Almora

The table below shows the main details of the IFSC Code SBIN0062334 for the State Bank Of India branch in Almora, which falls under the Almora district in Uttarakhand.

Particulars Details
Bank State Bank Of India
IFSC Code SBIN0062334
Branch Racc Haldwani
City Almora
District Almora
State Uttarakhand
Address Sbi, Kusumkheda, Haldwani, Nainital, Uttarakhand - 246429

These details are crucial, not just for online banking users but also for businesses and individuals who use State Bank Of India in Almora for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0062334 for the Racc Haldwani branch of State Bank Of India has 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 Racc Haldwani, Almora, Uttarakhand, are given a unique IFSC like SBIN0062334 to ensure that online payments reach the right destination.

The IFSC Code is important because:

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

It helps ensure that any money sent to State Bank Of India in Racc Haldwani goes to the correct branch. This is important because State Bank Of India has thousands of branches in Uttarakhand and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code SBIN0062334

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

AAAA0CCCCCC

Here's the breakdown of this:

  • First 4 characters (AAAA): Represent the bank code. For State Bank Of India, these characters are the bank's short identifier.
  • 5th character (0): Always zero which is reserved for future use.
  • Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Racc Haldwani in Almora.

For example, the IFSC Code SBIN0062334 of State Bank Of India for the Racc Haldwani branch includes these elements, identifying the bank and the branch location in Almora and Uttarakhand accurately.

How to Find IFSC Code for State Bank Of India?

If you are trying to find the IFSC Code SBIN0062334 of State Bank Of India for its Racc Haldwani branch located in Almora, 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 Almora and Almora, 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 Racc Haldwani or Almora to get the exact IFSC Code SBIN0062334.

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 Almora, you'll get the correct details.

How to Use IFSC Code SBIN0062334 for Online Transfers?

If you have the IFSC Code SBIN0062334 for the Racc Haldwani branch of State Bank Of India in Almora, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code SBIN0062334. Transfers are processed in batches. Suitable for 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. Asks for the recipient's account details and State Bank Of India IFSC Code SBIN0062334.

Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for State Bank Of India Racc Haldwani in Almora, it may 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 Racc Haldwani, here are some ways that you can get 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.

If you know both IFSC and MICR codes, then it can help account holders in Almora manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of State Bank Of India in Racc Haldwani, Almora?

The IFSC Code is SBIN0062334.

Is the IFSC Code SBIN0062334 permanent?

Yes, but there can be changes during mergers or restructuring.

Is MICR the same as IFSC?

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

Where can I find the IFSC Code of State Bank Of India Racc Haldwani?

You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Racc Haldwani branch?

The address of the branch is Sbi, Kusumkheda, Haldwani, Nainital, Uttarakhand - 246429 located in Almora, Almora, Uttarakhand.

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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