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 Thadach branch in Bhavnagar, Thadach, 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 Bhavnagar or anywhere in Gujarat can transfer funds instantly by using the correct IFSC Code SBIN0060267. 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, Thadach, Bhavnagar

Below in the table are the key details related to IFSC Code SBIN0060267 of State Bank Of India for its branch located in Bhavnagar, within the district of Thadach in the state of Gujarat.

Particulars Details
Bank State Bank Of India
IFSC Code SBIN0060267
Branch Thadach
City Bhavnagar
District Thadach
State Gujarat
Address Taluka Palitana,Thadach 364140

These details helps users in online banking and for businesses and individuals who use State Bank Of India in Bhavnagar for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0060267 for the Thadach 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, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including State Bank Of India located in Thadach, Bhavnagar, Gujarat, is provided a unique IFSC like SBIN0060267 so that their online payments reach the right place.

The IFSC Code is important because:

  • It uniquely recognizes the State Bank Of India branch in Bhavnagar.
  • Helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any confusions between multiple branches of the same bank across different places like Bhavnagar and Thadach.
  • It reduces most of the errors in fund transfers and makes sure its accuracy.
  • It enables sender banks to validate and confirm branch details before processing payments.

For thousands of branches across Gujarat and the rest of India, the IFSC Code ensures that transactions meant for State Bank Of India in Thadach do not get misguided to another person.

Format of the IFSC Code SBIN0060267

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 Thadach in Bhavnagar.

For example, the IFSC Code SBIN0060267 of State Bank Of India for the Thadach branch includes these elements, identifying the bank and the branch location in Bhavnagar and Gujarat correctly.

How to Find IFSC Code for State Bank Of India?

If you are trying to find the IFSC Code SBIN0060267 of State Bank Of India for its Thadach branch located in Bhavnagar, 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 Bhavnagar and Thadach, 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 Thadach or Bhavnagar to get the exact IFSC Code SBIN0060267.

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 Bhavnagar, you'll get the correct details.

How to Use IFSC Code SBIN0060267 for Online Transfers?

Once you have the IFSC Code SBIN0060267 for the Thadach branch of State Bank Of India in Bhavnagar, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code SBIN0060267. The transfer is completed in batches. It is useful for both personal and business payments.

RTGS

Used for payments over ₹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 SBIN0060267.

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 Thadach in Bhavnagar, your payment can get delayed or might not go through at all.

Finding the MICR Code

MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of State Bank Of India in Thadach, you can find it by any of the following ways:

  • Check the bottom of your cheque leaf.
  • Go to the first page of your passbook.
  • Visit the official State Bank Of India website.
  • Search the RBI portal.

Having both IFSC and MICR codes helps account holders in Bhavnagar manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of State Bank Of India in Thadach, Bhavnagar?

The IFSC Code is SBIN0060267.

Is the IFSC Code SBIN0060267 permanent?

Yes, but it can change during merging or restructuring of the bank.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and IFSC is for online transfers.

Where can I find the IFSC Code of State Bank Of India Thadach?

You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.

What is the full address of the Thadach branch?

The address of the branch is Taluka Palitana,Thadach 364140 located in Bhavnagar, Thadach, 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.