For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of State Bank Of India for its R And Db Racc Bhiwani branch in Bhiwani, Bhiwani, Haryana, this comprehensive guide will provide you with detailed information.
The banking system in India has changed significantly over the years, and today customers of State Bank Of India located in Bhiwani or anywhere in Haryana can transfer funds instantly by using the correct IFSC Code SBIN0063459. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for State Bank Of India, R And Db Racc Bhiwani, Bhiwani
Here are some of the key details that come with the IFSC Code SBIN0063459 of State Bank Of India for its branch located in Bhiwani, within the district of Bhiwani in the state of Haryana.
| Particulars | Details |
|---|---|
| Bank | State Bank Of India |
| IFSC Code | SBIN0063459 |
| Branch | R And Db Racc Bhiwani |
| City | Bhiwani |
| District | Bhiwani |
| State | Haryana |
| Address | Racc Bhiwani , State Bank Of India, Near Clock Tower, Bhiwani-127021 |
These details are crucial, not just for online banking users but also for businesses and individuals who use State Bank Of India in Bhiwani for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0063459 for the R And Db Racc Bhiwani branch of State Bank Of India has 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 R And Db Racc Bhiwani, Bhiwani, Haryana, are given a unique IFSC like SBIN0063459 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Bhiwani.
- 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 Bhiwani and Bhiwani.
- 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 R And Db Racc Bhiwani goes to the correct branch. This is important because State Bank Of India has thousands of branches in Haryana and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code SBIN0063459
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 R And Db Racc Bhiwani in Bhiwani.
For example, the IFSC Code SBIN0063459 of State Bank Of India for the R And Db Racc Bhiwani branch includes these elements, identifying the bank and the branch location in Bhiwani and Haryana correctly.
How to Find IFSC Code for State Bank Of India?
If you are trying to find the IFSC Code SBIN0063459 of State Bank Of India for its R And Db Racc Bhiwani branch located in Bhiwani, 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 Bhiwani and Bhiwani, 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 R And Db Racc Bhiwani or Bhiwani to get the exact IFSC Code SBIN0063459.
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 Bhiwani, you'll get the correct details.
How to Use IFSC Code SBIN0063459 for Online Transfers?
Once you have the IFSC Code SBIN0063459 for the R And Db Racc Bhiwani branch of State Bank Of India in Bhiwani, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code SBIN0063459. 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 SBIN0063459.
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 R And Db Racc Bhiwani in Bhiwani, 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 R And Db Racc Bhiwani, here are some ways that 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.
If you know both IFSC and MICR codes, then it can help account holders in Bhiwani manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code of the R And Db Racc Bhiwani Bhiwani branch is SBIN0063459.
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 Racc Bhiwani , State Bank Of India, Near Clock Tower, Bhiwani-127021.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.