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IFSC Code of State Bank Of India, Fimm Dsh-Ii Dhar, Dhar, Madhya Pradesh — SBIN0062546

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 Fimm Dsh-Ii Dhar branch in Dhar, Dhar, Madhya Pradesh, 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 Dhar or anywhere in Madhya Pradesh can easily transfer funds instantly by using the correct IFSC Code SBIN0062546. 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, Fimm Dsh-Ii Dhar, Dhar

Here are the key points that are associated with the IFSC Code SBIN0062546 of State Bank Of India for its branch located in Dhar, within the district of Dhar in the state of Madhya Pradesh.

Particulars Details
Bank State Bank Of India
IFSC Code SBIN0062546
Branch Fimm Dsh-Ii Dhar
City Dhar
District Dhar
State Madhya Pradesh
Address Premises Of Rbo-Dhar Office,Pipali Bazar, Mg Road

These details are essential not only for online banking users but also for businesses and individuals who use State Bank Of India in Dhar for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0062546 for the Fimm Dsh-Ii Dhar 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, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, along with State Bank Of India located in Fimm Dsh-Ii Dhar, Dhar, Madhya Pradesh, are given a unique IFSC like SBIN0062546 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Dhar.
  • 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 Dhar and Dhar.
  • 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 Fimm Dsh-Ii Dhar goes to the correct branch. This is important because State Bank Of India has thousands of branches in Madhya Pradesh and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code SBIN0062546

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 Fimm Dsh-Ii Dhar in Dhar.

For example, the IFSC Code SBIN0062546 of State Bank Of India for the Fimm Dsh-Ii Dhar branch includes these elements, identifying the bank and the branch location in Dhar and Madhya Pradesh accurately.

How to Find IFSC Code for State Bank Of India?

If you are trying to find the IFSC Code SBIN0062546 of State Bank Of India for its Fimm Dsh-Ii Dhar branch located in Dhar, 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 Dhar and Dhar, 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 Fimm Dsh-Ii Dhar or Dhar to get the exact IFSC Code SBIN0062546.

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 Dhar, you'll get the correct details.

How to Use IFSC Code SBIN0062546 for Online Transfers?

Once you have the IFSC Code SBIN0062546 for the Fimm Dsh-Ii Dhar branch of State Bank Of India in Dhar, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code SBIN0062546. 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 SBIN0062546.

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 Dsh-Ii Dhar in Dhar, 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 Dsh-Ii Dhar, 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 Dhar manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of State Bank Of India in Fimm Dsh-Ii Dhar, Dhar?

The IFSC Code is SBIN0062546.

Is the IFSC Code SBIN0062546 permanent?

Yes, but there can be changes during mergers or restructuring.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and the IFSC is for online transfers.

Where can I find the IFSC Code of State Bank Of India Fimm Dsh-Ii Dhar?

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

What is the full address of the Fimm Dsh-Ii Dhar branch?

The address of the branch is Premises Of Rbo-Dhar Office,Pipali Bazar, Mg Road located in Dhar, Dhar, Madhya Pradesh.

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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