There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of State Bank Of India for its Racc Adb Rajgarh branch in Alwar, Alwar, Rajasthan, then this comprehensive guide will provide you with detailed information.
The banking system in India has changed over time, and today the customers of State Bank Of India situated in Alwar or anywhere in Rajasthan can easily transfer funds instantly by using the correct IFSC Code SBIN0062409. You should 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, Racc Adb Rajgarh, Alwar
Here are the main details that are associated with the IFSC Code SBIN0062409 of State Bank Of India for its branch located in Alwar, within the district of Alwar in the state of Rajasthan.
| Particulars | Details |
|---|---|
| Bank | State Bank Of India |
| IFSC Code | SBIN0062409 |
| Branch | Racc Adb Rajgarh |
| City | Alwar |
| District | Alwar |
| State | Rajasthan |
| Address | Gol Market, Rajgarh, Dist Alwar, State Rajasthan Pin 301408 |
These details help users in online banking and for businesses and individuals who use State Bank Of India in Alwar for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0062409 for the Racc Adb Rajgarh branch of State Bank Of India has a very 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 Racc Adb Rajgarh, Alwar, Rajasthan, is provided a unique IFSC like SBIN0062409 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 Alwar.
- 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 Alwar and Alwar.
- 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 Rajasthan and the rest of India, the IFSC Code ensures that transactions meant for State Bank Of India in Racc Adb Rajgarh do not get misguided to another person.
Format of the IFSC Code SBIN0062409
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 Adb Rajgarh in Alwar.
For example, the IFSC Code SBIN0062409 of State Bank Of India for the Racc Adb Rajgarh branch includes these elements, identifying the bank and the branch location in Alwar and Rajasthan accurately.
How to Find IFSC Code for State Bank Of India?
If you are looking for the IFSC Code SBIN0062409 of State Bank Of India for its Racc Adb Rajgarh branch located in Alwar, the following methods can help:
Cheque Book
The cheque book that is issued by State Bank Of India includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.
Passbook
Most of the banks, including State Bank Of India branches in Alwar and Alwar, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
You can visit the official website of State Bank Of India and look for the branch locator section, then search for Racc Adb Rajgarh or Alwar to get the exact IFSC Code SBIN0062409.
Mobile Banking App
If you use State Bank Of India's mobile app, you can check your account details to easily find your branch's IFSC code.
RBI Website
The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for State Bank Of India and Alwar, then it will provide you proper information.
How to Use IFSC Code SBIN0062409 for Online Transfers?
Once you have the IFSC Code SBIN0062409 for the Racc Adb Rajgarh branch of State Bank Of India in Alwar, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code SBIN0062409. 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 SBIN0062409.
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 Racc Adb Rajgarh in Alwar, it can result in delayed or failed transactions.
Finding the MICR Code
MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of State Bank Of India in Racc Adb Rajgarh, you can find it by any of the following ways:
- Check the bottom of your cheque leaf.
- Go to the first page of your passbook.
- Visit the official State Bank Of India website.
- Search the RBI portal.
Having both IFSC and MICR codes helps account holders in Alwar manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is SBIN0062409.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is Gol Market, Rajgarh, Dist Alwar, State Rajasthan Pin 301408 located in Alwar, Alwar, Rajasthan.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.