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. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of State Bank Of India for its Gundaran branch in Amreli, Gundaran, or Gujarat, this guide will help you with all the details.
There have been major changes in the banking sector in India and today, the customers of State Bank Of India located in Amreli or anywhere in Gujarat can transfer funds instantly by using the correct IFSC Code SBIN0060260. 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, Gundaran, Amreli
Here are the main details that are associated with the IFSC Code SBIN0060260 of State Bank Of India for its branch located in Amreli, within the district of Gundaran in the state of Gujarat.
| Particulars | Details |
|---|---|
| Bank | State Bank Of India |
| IFSC Code | SBIN0060260 |
| Branch | Gundaran |
| City | Amreli |
| District | Gundaran |
| State | Gujarat |
| Address | Taluka Lilia Mota Dist Amreli,Gundaran 364220 |
These details are essential not only for online banking users but also for businesses and individuals who use State Bank Of India in Amreli for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0060260 for the Gundaran 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 Gundaran, Amreli, Gujarat, are given a unique IFSC like SBIN0060260 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Amreli.
- 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 Amreli and Gundaran.
- 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 Gundaran goes to the correct branch. This is important because State Bank Of India has thousands of branches in Gujarat and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code SBIN0060260
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): These represent the bank code. In State Bank Of India, they are a short identifier for the bank.
- 5th character (0): This is always zero and is reserved for future use.
- Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Gundaran in Amreli.
For example, the IFSC Code SBIN0060260 of State Bank Of India for the Gundaran branch has these elements, identifying the bank and the branch location in Amreli and Gujarat correctly.
How to Find IFSC Code for State Bank Of India?
If you are trying to find the IFSC Code SBIN0060260 of State Bank Of India for its Gundaran branch located in Amreli, 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 Amreli and Gundaran, 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 Gundaran or Amreli to get the exact IFSC Code SBIN0060260.
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 Amreli, you'll get the correct details.
How to Use IFSC Code SBIN0060260 for Online Transfers?
If you have the IFSC Code SBIN0060260 for the Gundaran branch of State Bank Of India in Amreli, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code SBIN0060260. 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 SBIN0060260.
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 Gundaran in Amreli, 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 Gundaran, 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 Amreli to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code of the Gundaran Amreli branch is SBIN0060260.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at Taluka Lilia Mota Dist Amreli,Gundaran 364220.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.