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 Fimm Racc Jalna branch in Aurangabad, Aurangabad, or Maharashtra, 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 Aurangabad or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code SBIN0062910. 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, Fimm Racc Jalna, Aurangabad
Here are the key points that are associated with the IFSC Code SBIN0062910 of State Bank Of India for its branch located in Aurangabad, within the district of Aurangabad in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | State Bank Of India |
| IFSC Code | SBIN0062910 |
| Branch | Fimm Racc Jalna |
| City | Aurangabad |
| District | Aurangabad |
| State | Maharashtra |
| Address | Jalna Main, Devaganga Chambers,Sarojini Devi Road, Jalna 431203 |
These details help users in online banking and for businesses and individuals who use State Bank Of India in Aurangabad for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0062910 for the Fimm Racc Jalna 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, 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 Jalna, Aurangabad, Maharashtra, are allotted a unique IFSC like SBIN0062910 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Aurangabad.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Aurangabad and Aurangabad.
- 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 Jalna reaches the right place, even though there are thousands of branches in Maharashtra and across India.
Format of the IFSC Code SBIN0062910
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 Fimm Racc Jalna in Aurangabad.
For example, the IFSC Code SBIN0062910 of State Bank Of India for the Fimm Racc Jalna branch has these elements, identifying the bank and the branch location in Aurangabad and Maharashtra correctly.
How to Find IFSC Code for State Bank Of India?
If you are looking for the IFSC Code SBIN0062910 of State Bank Of India for its Fimm Racc Jalna branch located in Aurangabad, 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 Aurangabad and Aurangabad, 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 Fimm Racc Jalna or Aurangabad to get the exact IFSC Code SBIN0062910.
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 Aurangabad, then it will provide you proper information.
How to Use IFSC Code SBIN0062910 for Online Transfers?
Once you have the IFSC Code SBIN0062910 for the Fimm Racc Jalna branch of State Bank Of India in Aurangabad, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code SBIN0062910. The transfer is completed in batches instead of instantly. It is useful for both 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 SBIN0062910.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the State Bank Of India Fimm Racc Jalna in Aurangabad, your payment can get delayed or might not go through at all.
Finding the MICR Code
MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of State Bank Of India in Fimm Racc Jalna, here are some of the ways 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.
Knowing both IFSC and MICR code can help account holders in Aurangabad manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is SBIN0062910.
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 Jalna Main, Devaganga Chambers,Sarojini Devi Road, Jalna 431203 located in Aurangabad, Aurangabad, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.