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 Vavera branch in Amreli, Vavera, Gujarat, 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 Amreli or anywhere in Gujarat can easily transfer funds instantly by using the correct IFSC Code SBIN0060264. 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, Vavera, Amreli

Here are the key points that are associated with the IFSC Code SBIN0060264 of State Bank Of India for its branch located in Amreli, within the district of Vavera in the state of Gujarat.

Particulars Details
Bank State Bank Of India
IFSC Code SBIN0060264
Branch Vavera
City Amreli
District Vavera
State Gujarat
Address Taluka Rajula Dist Amreli Vavera 365570

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 SBIN0060264 for the Vavera 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 Vavera, Amreli, Gujarat, are allotted a unique IFSC like SBIN0060264 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 confusion between different branches of the same bank in places like Amreli and Vavera.
  • 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 Vavera reaches the right place, even though there are thousands of branches in Gujarat and across India.

Format of the IFSC Code SBIN0060264

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 Vavera in Amreli.

For example, the IFSC Code SBIN0060264 of State Bank Of India for the Vavera branch includes these elements, identifying the bank and the branch location in Amreli and Gujarat accurately.

How to Find IFSC Code for State Bank Of India?

To find the IFSC Code SBIN0060264 of State Bank Of India for its Vavera branch located in Amreli, the following methods can help you out:

Cheque Book

The cheque book issued by State Bank Of India includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.

Passbook

Most banks, including State Bank Of India branches in Amreli and Vavera, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

Visit the official website of State Bank Of India and go to the branch locator section. Then search for Vavera or Amreli to find the exact IFSC Code SBIN0060264.

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 maintains an updated database of all IFSC codes. Searching for State Bank Of India and Amreli will provide accurate information.

How to Use IFSC Code SBIN0060264 for Online Transfers?

Once you have the IFSC Code SBIN0060264 for the Vavera branch of State Bank Of India in Amreli, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code SBIN0060264. 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 SBIN0060264.

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 Vavera in Amreli, it can 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 Vavera, 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)

What is the IFSC Code of State Bank Of India in Vavera, Amreli?

The IFSC Code is SBIN0060264.

Is the IFSC Code SBIN0060264 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 Vavera?

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 Vavera branch?

The address of the branch is Taluka Rajula Dist Amreli Vavera 365570 located in Amreli, Vavera, Gujarat.

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.