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 Racc Bikaner I branch in Bikaner, Bikaner, Rajasthan, 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 Bikaner or anywhere in Rajasthan can easily transfer funds instantly by using the correct IFSC Code SBIN0063525. 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, Racc Bikaner I, Bikaner

The table below shows the main details of the IFSC Code SBIN0063525 for the State Bank Of India branch in Bikaner, which falls under the Bikaner district in Rajasthan.

Particulars Details
Bank State Bank Of India
IFSC Code SBIN0063525
Branch Racc Bikaner I
City Bikaner
District Bikaner
State Rajasthan
Address Ganga Niwas, Public Park, Bikaner, Dist Bikaner, State Rajasthan Pin 334001

These details are essential not only for online banking users but also for businesses and individuals who use State Bank Of India in Bikaner for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0063525 for the Racc Bikaner I 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, including State Bank Of India located in Racc Bikaner I, Bikaner, Rajasthan, is provided with a unique IFSC like SBIN0063525 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It uniquely identifies the State Bank Of India branch in Bikaner.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any errors or confusions between multiple branches of the same bank across different places like Bikaner and Bikaner.
  • It reduces errors in fund transfers and improves accuracy.
  • It allows sender banks to validate and confirm branch details before processing payments.

There are thousands of branches across Rajasthan and the rest of India and the IFSC Code ensures that transactions meant for State Bank Of India in Racc Bikaner I do not get mixed with another location.

Format of the IFSC Code SBIN0063525

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 Bikaner I in Bikaner.

For example, the IFSC Code SBIN0063525 of State Bank Of India for the Racc Bikaner I branch includes these elements, identifying the bank and the branch location in Bikaner and Rajasthan correctly.

How to Find IFSC Code for State Bank Of India?

If you are trying to find the IFSC Code SBIN0063525 of State Bank Of India for its Racc Bikaner I branch located in Bikaner, 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 Bikaner and Bikaner, 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 Racc Bikaner I or Bikaner to get the exact IFSC Code SBIN0063525.

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 Bikaner, you'll get the correct details.

How to Use IFSC Code SBIN0063525 for Online Transfers?

If you have the IFSC Code SBIN0063525 for the Racc Bikaner I branch of State Bank Of India in Bikaner, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code SBIN0063525. Transfers are processed in batches. Suitable for 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. Asks for the recipient's account details and State Bank Of India IFSC Code SBIN0063525.

Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for State Bank Of India Racc Bikaner I in Bikaner, it may 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 Racc Bikaner I, 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 Bikaner 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 Racc Bikaner I Bikaner?

The IFSC Code of the Racc Bikaner I Bikaner branch is SBIN0063525.

Is IFSC Code SBIN0063525 permanent?

Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.

Is IFSC the same as MICR?

No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.

Where can I find the IFSC Code of my bank branch?

You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.

What is the address of the State Bank Of India Racc Bikaner I branch?

The branch is located at Ganga Niwas, Public Park, Bikaner, Dist Bikaner, State Rajasthan Pin 334001.

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.

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