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 R And Db Racc Dharmapuri branch in Dharmapuri, Dharmapuri, Tamil Nadu, 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 Dharmapuri or anywhere in Tamil Nadu can easily transfer funds instantly by using the correct IFSC Code SBIN0062462. 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, R And Db Racc Dharmapuri, Dharmapuri
Below in the table are the key details related to IFSC Code SBIN0062462 of State Bank Of India for its branch located in Dharmapuri, within the district of Dharmapuri in the state of Tamil Nadu.
| Particulars | Details |
|---|---|
| Bank | State Bank Of India |
| IFSC Code | SBIN0062462 |
| Branch | R And Db Racc Dharmapuri |
| City | Dharmapuri |
| District | Dharmapuri |
| State | Tamil Nadu |
| Address | Pb No.1, Bye Passroad,Dharmapuri-636701 |
These details are essential not only for online banking users but also for businesses and individuals who use State Bank Of India in Dharmapuri for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0062462 for the R And Db Racc Dharmapuri 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 R And Db Racc Dharmapuri, Dharmapuri, Tamil Nadu, are allotted a unique IFSC like SBIN0062462 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Dharmapuri.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Dharmapuri and Dharmapuri.
- 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 R And Db Racc Dharmapuri reaches the right place, even though there are thousands of branches in Tamil Nadu and across India.
Format of the IFSC Code SBIN0062462
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): These represent the bank code. In State Bank Of India, they are a short identifier for the bank.
- 5th character (0): This is always zero and is reserved for future use.
- Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like R And Db Racc Dharmapuri in Dharmapuri.
For example, the IFSC Code SBIN0062462 of State Bank Of India for the R And Db Racc Dharmapuri branch has these elements, identifying the bank and the branch location in Dharmapuri and Tamil Nadu correctly.
How to Find IFSC Code for State Bank Of India?
If you are trying to find the IFSC Code SBIN0062462 of State Bank Of India for its R And Db Racc Dharmapuri branch located in Dharmapuri, the following methods can help:
Cheque Book
The cheque books that are issued by State Bank Of India include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.
Passbook
Most banks, including State Bank Of India branches in Dharmapuri and Dharmapuri, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of State Bank Of India and find the branch locator section. Search for R And Db Racc Dharmapuri or Dharmapuri to get the exact IFSC Code SBIN0062462.
Mobile Banking App
If you use State Bank Of India's mobile app, you can easily check your account details to find your branch's IFSC code.
RBI Website
The Reserve Bank of India maintains an updated database of all IFSC codes to help you in searching for State Bank Of India and Dharmapuri that will provide accurate information.
How to Use IFSC Code SBIN0062462 for Online Transfers?
Once you have the IFSC Code SBIN0062462 for the R And Db Racc Dharmapuri branch of State Bank Of India in Dharmapuri, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code SBIN0062462. Transfers are processed in batches. This is 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. Requires the recipient's account details and State Bank Of India IFSC Code SBIN0062462.
Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for State Bank Of India R And Db Racc Dharmapuri in Dharmapuri may result in delayed or failed transactions.
Finding the MICR Code
MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of State Bank Of India in R And Db Racc Dharmapuri, you can find it by any of the following ways:
- Check the bottom of your cheque leaf.
- Go to the first page of your passbook.
- Visit the official State Bank Of India website.
- Search the RBI portal.
Having both IFSC and MICR codes helps account holders in Dharmapuri manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is SBIN0062462.
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 Pb No.1, Bye Passroad,Dharmapuri-636701 located in Dharmapuri, Dharmapuri, Tamil Nadu.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.