The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of State Bank Of India for its R And Db Racc Chamba branch in Chamba, Chamba, Himachal Pradesh, this complete guide will provide you with detailed information.
The banking system in India has changed over the years, and today customers of State Bank Of India located in Chamba or anywhere in Himachal Pradesh can transfer funds instantly by using the correct IFSC Code SBIN0063502. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for State Bank Of India, R And Db Racc Chamba, Chamba
Below in the table are the key details related to IFSC Code SBIN0063502 of State Bank Of India for its branch located in Chamba, within the district of Chamba in the state of Himachal Pradesh.
| Particulars | Details |
|---|---|
| Bank | State Bank Of India |
| IFSC Code | SBIN0063502 |
| Branch | R And Db Racc Chamba |
| City | Chamba |
| District | Chamba |
| State | Himachal Pradesh |
| Address | Near Police Chowki Main Market Chamba Teh And Distt Chamba Hp-176310 |
These details are essential not only for online banking users but also for businesses and individuals who use State Bank Of India in Chamba for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0063502 for the R And Db Racc Chamba 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, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including State Bank Of India located in R And Db Racc Chamba, Chamba, Himachal Pradesh, is provided a unique IFSC like SBIN0063502 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 Chamba.
- 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 Chamba and Chamba.
- 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 Himachal Pradesh and the rest of India, the IFSC Code ensures that transactions meant for State Bank Of India in R And Db Racc Chamba do not get misguided to another person.
Format of the IFSC Code SBIN0063502
The format of the IFSC Code for banks, including State Bank Of India, follows 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 Chamba in Chamba.
For example, the IFSC Code SBIN0063502 of State Bank Of India for the R And Db Racc Chamba branch includes these elements, identifying the bank and the branch location in Chamba and Himachal Pradesh accurately.
How to Find IFSC Code for State Bank Of India?
If you are looking for the IFSC Code SBIN0063502 of State Bank Of India for its R And Db Racc Chamba branch located in Chamba, the following methods can help:
Cheque Book
The cheque book that is issued by State Bank Of India includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.
Passbook
Most of the banks, including State Bank Of India branches in Chamba and Chamba, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
You can visit the official website of State Bank Of India and look for the branch locator section, then search for R And Db Racc Chamba or Chamba to get the exact IFSC Code SBIN0063502.
Mobile Banking App
If you use State Bank Of India's mobile app, you can check your account details to easily find your branch's IFSC code.
RBI Website
The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for State Bank Of India and Chamba, then it will provide you proper information.
How to Use IFSC Code SBIN0063502 for Online Transfers?
Once you have the IFSC Code SBIN0063502 for the R And Db Racc Chamba branch of State Bank Of India in Chamba, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code SBIN0063502. 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 SBIN0063502.
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 Chamba in Chamba, 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 Chamba, 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 Chamba manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is SBIN0063502.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Near Police Chowki Main Market Chamba Teh And Distt Chamba Hp-176310 located in Chamba, Chamba, Himachal Pradesh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.