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 Fimm Racc Vizianagaram branch in Amaravati, Amaravati, Andhra Pradesh, 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 Amaravati or anywhere in Andhra Pradesh can transfer funds instantly by using the correct IFSC Code SBIN0062662. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for State Bank Of India, Fimm Racc Vizianagaram, Amaravati
Here are the main details that are associated with the IFSC Code SBIN0062662 of State Bank Of India for its branch located in Amaravati, within the district of Amaravati in the state of Andhra Pradesh.
| Particulars | Details |
|---|---|
| Bank | State Bank Of India |
| IFSC Code | SBIN0062662 |
| Branch | Fimm Racc Vizianagaram |
| City | Amaravati |
| District | Amaravati |
| State | Andhra Pradesh |
| Address | First Floor, Plot No. 120, 1 15 1 Lane,129130535001 |
These details are important not only for users using online banking but also for businesses and individuals who use State Bank Of India in Amaravati for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code SBIN0062662 for the Fimm Racc Vizianagaram branch of State Bank Of India is vital.
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 Fimm Racc Vizianagaram, Amaravati, Andhra Pradesh, are allotted a unique IFSC like SBIN0062662 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Amaravati.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Amaravati and Amaravati.
- 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 Fimm Racc Vizianagaram reaches the right place, even though there are thousands of branches in Andhra Pradesh and across India.
Format of the IFSC Code SBIN0062662
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 Fimm Racc Vizianagaram in Amaravati.
For example, the IFSC Code SBIN0062662 of State Bank Of India for the Fimm Racc Vizianagaram branch includes these elements, identifying the bank and the branch location in Amaravati and Andhra Pradesh accurately.
How to Find IFSC Code for State Bank Of India?
If you are trying to find the IFSC Code SBIN0062662 of State Bank Of India for its Fimm Racc Vizianagaram branch located in Amaravati, 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 Amaravati and Amaravati, 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 Fimm Racc Vizianagaram or Amaravati to get the exact IFSC Code SBIN0062662.
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 Amaravati, you'll get the correct details.
How to Use IFSC Code SBIN0062662 for Online Transfers?
Once you have the IFSC Code SBIN0062662 for the Fimm Racc Vizianagaram branch of State Bank Of India in Amaravati, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code SBIN0062662. Transfers are processed in batches. This is 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. Requires the recipient's account details and State Bank Of India IFSC Code SBIN0062662.
Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for State Bank Of India Fimm Racc Vizianagaram in Amaravati 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 Fimm Racc Vizianagaram, 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 Amaravati to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is SBIN0062662.
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 First Floor, Plot No. 120, 1 15 1 Lane,129130535001 located in Amaravati, Amaravati, Andhra Pradesh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.