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 Bucharvada branch in Diu, Bucharvada, Daman And Diu, 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 Diu or anywhere in Daman And Diu can easily transfer funds instantly by using the correct IFSC Code SBIN0014393. 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, Bucharvada, Diu
Below in the table are the key details related to IFSC Code SBIN0014393 of State Bank Of India for its branch located in Diu, within the district of Bucharvada in the state of Daman And Diu.
| Particulars | Details |
|---|---|
| Bank | State Bank Of India |
| IFSC Code | SBIN0014393 |
| Branch | Bucharvada |
| City | Diu |
| District | Bucharvada |
| State | Daman And Diu |
| Address | Near Bus Stand,Kesaria Road,Bucharvada,Diu 362520 |
These details help users in online banking and for businesses and individuals who use State Bank Of India in Diu for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0014393 for the Bucharvada 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 Bucharvada, Diu, Daman And Diu, are given a unique IFSC like SBIN0014393 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Diu.
- 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 Diu and Bucharvada.
- 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 Bucharvada 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 SBIN0014393
The format of the IFSC Code for banks, including State Bank Of India, has 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 Bucharvada in Diu.
For example, the IFSC Code SBIN0014393 of State Bank Of India for the Bucharvada branch includes these elements, identifying the bank and the branch location in Diu and Daman And Diu correctly.
How to Find IFSC Code for State Bank Of India?
To find the IFSC Code SBIN0014393 of State Bank Of India for its Bucharvada branch located in Diu, the following methods can help you out:
Cheque Book
The cheque book issued by State Bank Of India includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.
Passbook
Most banks, including State Bank Of India branches in Diu and Bucharvada, 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 go to the branch locator section. Then search for Bucharvada or Diu to find the exact IFSC Code SBIN0014393.
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 maintains an updated database of all IFSC codes. Searching for State Bank Of India and Diu will provide accurate information.
How to Use IFSC Code SBIN0014393 for Online Transfers?
Once you have the IFSC Code SBIN0014393 for the Bucharvada branch of State Bank Of India in Diu, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code SBIN0014393. 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 SBIN0014393.
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 Bucharvada in Diu 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 Bucharvada, 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 Diu manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is SBIN0014393.
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 Near Bus Stand,Kesaria Road,Bucharvada,Diu 362520 located in Diu, Bucharvada, Daman And Diu.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.