Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of State Bank Of India for its Racc Sonepat branch in Delhi, Delhi, or Delhi, this guide will help you with all the details.
There have been major changes in the banking sector in India and today, the customers of State Bank Of India located in Delhi or anywhere in Delhi can transfer funds instantly by using the correct IFSC Code SBIN0062351. You should definitely 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 Sonepat, Delhi
The table below shows the main details of the IFSC Code SBIN0062351 for the State Bank Of India branch in Delhi, which falls under the Delhi district in Delhi.
| Particulars | Details |
|---|---|
| Bank | State Bank Of India |
| IFSC Code | SBIN0062351 |
| Branch | Racc Sonepat |
| City | Delhi |
| District | Delhi |
| State | Delhi |
| Address | Post Bag 33,Gurmandi,Sonepat |
These details help users in online banking and for businesses and individuals who use State Bank Of India in Delhi for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0062351 for the Racc Sonepat 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 Racc Sonepat, Delhi, Delhi, are allotted a unique IFSC like SBIN0062351 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Delhi.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Delhi and Delhi.
- 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 Racc Sonepat reaches the right place, even though there are thousands of branches in Delhi and across India.
Format of the IFSC Code SBIN0062351
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 Sonepat in Delhi.
For example, the IFSC Code SBIN0062351 of State Bank Of India for the Racc Sonepat branch includes these elements, identifying the bank and the branch location in Delhi and Delhi accurately.
How to Find IFSC Code for State Bank Of India?
If you are trying to find the IFSC Code SBIN0062351 of State Bank Of India for its Racc Sonepat branch located in Delhi, 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 Delhi and Delhi, 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 Sonepat or Delhi to get the exact IFSC Code SBIN0062351.
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 Delhi, you'll get the correct details.
How to Use IFSC Code SBIN0062351 for Online Transfers?
If you have the IFSC Code SBIN0062351 for the Racc Sonepat branch of State Bank Of India in Delhi, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code SBIN0062351. 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 SBIN0062351.
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 Sonepat in Delhi, 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 Sonepat, 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 Delhi to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is SBIN0062351.
Yes, but there can be changes during mergers or restructuring.
No, MICR is for cheque clearing and the IFSC is for online transfers.
You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Post Bag 33,Gurmandi,Sonepat located in Delhi, Delhi, Delhi.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.