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IFSC Code of State Bank Of India, Racc Fi And Mm Deesa, Deesa, Gujarat — SBIN0062739

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 Fi And Mm Deesa branch in Deesa, Deesa, Gujarat, 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 Deesa or anywhere in Gujarat can easily transfer funds instantly by using the correct IFSC Code SBIN0062739. 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 Fi And Mm Deesa, Deesa

Here are the main details that are associated with the IFSC Code SBIN0062739 of State Bank Of India for its branch located in Deesa, within the district of Deesa in the state of Gujarat.

Particulars Details
Bank State Bank Of India
IFSC Code SBIN0062739
Branch Racc Fi And Mm Deesa
City Deesa
District Deesa
State Gujarat
Address Post Bag No 5 Near Fuvara

These details helps users in online banking and for businesses and individuals who use State Bank Of India in Deesa for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0062739 for the Racc Fi And Mm Deesa branch of State Bank Of India plays a vital 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 Racc Fi And Mm Deesa, Deesa, Gujarat, is provided a unique IFSC like SBIN0062739 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 Deesa.
  • 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 Deesa and Deesa.
  • 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 Gujarat and the rest of India, the IFSC Code ensures that transactions meant for State Bank Of India in Racc Fi And Mm Deesa do not get misguided to another person.

Format of the IFSC Code SBIN0062739

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 Racc Fi And Mm Deesa in Deesa.

For example, the IFSC Code SBIN0062739 of State Bank Of India for the Racc Fi And Mm Deesa branch includes these elements, identifying the bank and the branch location in Deesa and Gujarat accurately.

How to Find IFSC Code for State Bank Of India?

If you are trying to find the IFSC Code SBIN0062739 of State Bank Of India for its Racc Fi And Mm Deesa branch located in Deesa, 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

You can easily find the IFSC and MICR codes because most banks, including State Bank Of India branches in Deesa and Deesa, print them 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 Fi And Mm Deesa or Deesa to get the exact IFSC Code SBIN0062739.

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 Deesa, you'll get the correct details.

How to Use IFSC Code SBIN0062739 for Online Transfers?

Once you have the IFSC Code SBIN0062739 for the Racc Fi And Mm Deesa branch of State Bank Of India in Deesa, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code SBIN0062739. 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 SBIN0062739.

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 Racc Fi And Mm Deesa in Deesa, 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 Racc Fi And Mm Deesa, 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 Deesa 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 in Racc Fi And Mm Deesa, Deesa?

The IFSC Code is SBIN0062739.

Is the IFSC Code SBIN0062739 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

Where can I find the IFSC Code of State Bank Of India Racc Fi And Mm Deesa?

You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Racc Fi And Mm Deesa branch?

The address of the branch is Post Bag No 5 Near Fuvara located in Deesa, Deesa, Gujarat.

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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