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. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of State Bank Of India for its Racc Fi And Mm Bardoli branch in Bardoli, Bardoli, Gujarat, then this guide will give you detailed information.
The banking system has evolved significantly in India, and today the customers of State Bank Of India located in Bardoli or anywhere in Gujarat can transfer funds instantly by using the correct IFSC Code SBIN0062744. 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, Racc Fi And Mm Bardoli, Bardoli
The table below shows the main details of the IFSC Code SBIN0062744 for the State Bank Of India branch in Bardoli, which falls under the Bardoli district in Gujarat.
| Particulars | Details |
|---|---|
| Bank | State Bank Of India |
| IFSC Code | SBIN0062744 |
| Branch | Racc Fi And Mm Bardoli |
| City | Bardoli |
| District | Bardoli |
| State | Gujarat |
| Address | Bhandariwad, Station Road |
These details helps users in online banking and for businesses and individuals who use State Bank Of India in Bardoli for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0062744 for the Racc Fi And Mm Bardoli branch of State Bank Of India plays a vital 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 Racc Fi And Mm Bardoli, Bardoli, Gujarat, are allotted a unique IFSC like SBIN0062744 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Bardoli.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Bardoli and Bardoli.
- 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 Racc Fi And Mm Bardoli reaches the right place, even though there are thousands of branches in Gujarat and across India.
Format of the IFSC Code SBIN0062744
The format of the IFSC Code for banks, including State Bank Of India, has an 11-character structure:
AAAA0CCCCCC
Here's the breakdown:
- First 4 characters (AAAA): Show the bank code. For State Bank Of India, these letters represent the bank's short name.
- 5th character: Is always zero and is kept for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Racc Fi And Mm Bardoli in Bardoli.
For example, the IFSC Code SBIN0062744 of State Bank Of India for the Racc Fi And Mm Bardoli branch includes these elements, identifying the bank and the branch location in Bardoli and Gujarat correctly.
How to Find IFSC Code for State Bank Of India?
If you are trying to find the IFSC Code SBIN0062744 of State Bank Of India for its Racc Fi And Mm Bardoli branch located in Bardoli, 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
You can easily find the IFSC and MICR codes because most banks, including State Bank Of India branches in Bardoli and Bardoli, print them 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 Racc Fi And Mm Bardoli or Bardoli to get the exact IFSC Code SBIN0062744.
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 Bardoli, you'll get the correct details.
How to Use IFSC Code SBIN0062744 for Online Transfers?
Once you have the IFSC Code SBIN0062744 for the Racc Fi And Mm Bardoli branch of State Bank Of India in Bardoli, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code SBIN0062744. 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 SBIN0062744.
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 Fi And Mm Bardoli in Bardoli, it can result in delayed or failed transactions.
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 Racc Fi And Mm Bardoli, 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 Bardoli manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code of the Racc Fi And Mm Bardoli Bardoli branch is SBIN0062744.
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 Bhandariwad, Station Road.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.