IFSC Code of State Bank Of India, Kadaiya Road Daman, Daman , Ut Of Daman Diu, Daman And Diu — SBIN0015204

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 Kadaiya Road Daman branch in Daman, Daman , Ut Of Daman Diu, Daman And Diu, 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 Daman or anywhere in Daman And Diu can transfer funds instantly by using the correct IFSC Code SBIN0015204. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for State Bank Of India, Kadaiya Road Daman, Daman

The table below shows the main details of the IFSC Code SBIN0015204 for the State Bank Of India branch in Daman, which falls under the Daman , Ut Of Daman Diu district in Daman And Diu.

These details are important not only for users using online banking but also for businesses and individuals who use State Bank Of India in Daman for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code SBIN0015204 for the Kadaiya Road Daman branch of State Bank Of India is vital.

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 Kadaiya Road Daman, Daman, Daman And Diu, are given a unique IFSC like SBIN0015204 to ensure that online payments reach the right destination.

The IFSC Code is important because:

• It clearly tells which bank branch it is in Daman.
• 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 Daman and Daman , Ut Of Daman Diu.
• 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 Kadaiya Road Daman goes to the correct branch. This is important because State Bank Of India has thousands of branches in Daman And Diu and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code SBIN0015204

This is the format of the IFSC Code for banks, including State Bank Of India, follows an 11-character structure:

AAAA0CCCCCC

Here's the explanation:

• First 4 characters (AAAA): This is the bank code. For State Bank Of India, these characters are the bank's short identifier.
• 5th character (0): This stays zero till there is any future use.
• Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Kadaiya Road Daman in Daman.

For example, the IFSC Code SBIN0015204 of State Bank Of India for the Kadaiya Road Daman branch includes these elements, identifying the bank and the branch location in Daman and Daman And Diu accurately.

How to Find IFSC Code for State Bank Of India?

If you are trying to find the IFSC Code SBIN0015204 of State Bank Of India for its Kadaiya Road Daman branch located in Daman, 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 Daman and Daman , Ut Of Daman Diu, 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 Kadaiya Road Daman or Daman to get the exact IFSC Code SBIN0015204.

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 Daman, you'll get the correct details.

How to Use IFSC Code SBIN0015204 for Online Transfers?

Once you have the IFSC Code SBIN0015204 for the Kadaiya Road Daman branch of State Bank Of India in Daman, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code SBIN0015204. The transfer is completed in batches instead of instantly. It is useful for both 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. Requires the recipient's account details and State Bank Of India IFSC Code SBIN0015204.

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 Kadaiya Road Daman in Daman, your payment can get delayed or might not go through at all.

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 Kadaiya Road Daman, 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 Daman manage online transfers as well as cheque clearances with ease.