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 Fimm Racc Burdwan branch in Burdwan, Burdwan, West Bengal, 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 Burdwan or anywhere in West Bengal can transfer funds instantly by using the correct IFSC Code SBIN0062960. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for State Bank Of India, Fimm Racc Burdwan, Burdwan
Below in the table are the key details related to IFSC Code SBIN0062960 of State Bank Of India for its branch located in Burdwan, within the district of Burdwan in the state of West Bengal.
| Particulars | Details |
|---|---|
| Bank | State Bank Of India |
| IFSC Code | SBIN0062960 |
| Branch | Fimm Racc Burdwan |
| City | Burdwan |
| District | Burdwan |
| State | West Bengal |
| Address | Administrative Office, Municipal Hawkers Market Complex Court Compound, Burdwan, Dist Purba Burdwan, West Bengal 713101 |
These details help users in online banking and for businesses and individuals who use State Bank Of India in Burdwan for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0062960 for the Fimm Racc Burdwan 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 Burdwan, Burdwan, West Bengal, are allotted a unique IFSC like SBIN0062960 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Burdwan.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Burdwan and Burdwan.
- 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 Burdwan reaches the right place, even though there are thousands of branches in West Bengal and across India.
Format of the IFSC Code SBIN0062960
The format of the IFSC Code for banks, including State Bank Of India, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown of this:
- First 4 characters (AAAA): Represent the bank code. For State Bank Of India, these characters are the bank's short identifier.
- 5th character (0): Always zero which is reserved for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Fimm Racc Burdwan in Burdwan.
For example, the IFSC Code SBIN0062960 of State Bank Of India for the Fimm Racc Burdwan branch includes these elements, identifying the bank and the branch location in Burdwan and West Bengal accurately.
How to Find IFSC Code for State Bank Of India?
If you are trying to find the IFSC Code SBIN0062960 of State Bank Of India for its Fimm Racc Burdwan branch located in Burdwan, 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 Burdwan and Burdwan, 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 Fimm Racc Burdwan or Burdwan to get the exact IFSC Code SBIN0062960.
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 Burdwan, you'll get the correct details.
How to Use IFSC Code SBIN0062960 for Online Transfers?
Once you have the IFSC Code SBIN0062960 for the Fimm Racc Burdwan branch of State Bank Of India in Burdwan, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code SBIN0062960. 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 SBIN0062960.
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 Fimm Racc Burdwan in Burdwan, 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 Fimm Racc Burdwan, 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 Burdwan to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code of the Fimm Racc Burdwan Burdwan branch is SBIN0062960.
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 Administrative Office, Municipal Hawkers Market Complex Court Compound, Burdwan, Dist Purba Burdwan, West Bengal 713101.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.