For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of State Bank Of India for its Racc R And Db Faizabad branch in Faizabad, Faizabad, Uttar Pradesh, this comprehensive guide will provide you with detailed information.
The banking system in India has changed significantly over the years, and today customers of State Bank Of India located in Faizabad or anywhere in Uttar Pradesh can transfer funds instantly by using the correct IFSC Code SBIN0063190. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for State Bank Of India, Racc R And Db Faizabad, Faizabad
Here are the main details that are associated with the IFSC Code SBIN0063190 of State Bank Of India for its branch located in Faizabad, within the district of Faizabad in the state of Uttar Pradesh.
| Particulars | Details |
|---|---|
| Bank | State Bank Of India |
| IFSC Code | SBIN0063190 |
| Branch | Racc R And Db Faizabad |
| City | Faizabad |
| District | Faizabad |
| State | Uttar Pradesh |
| Address | Faizabad Main Branch, Civil Lines Faizabad |
These details help users in online banking and for businesses and individuals who use State Bank Of India in Faizabad for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0063190 for the Racc R And Db Faizabad 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, including State Bank Of India located in Racc R And Db Faizabad, Faizabad, Uttar Pradesh, is provided with a unique IFSC like SBIN0063190 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the State Bank Of India branch in Faizabad.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any errors or confusions between multiple branches of the same bank across different places like Faizabad and Faizabad.
- It reduces errors in fund transfers and improves accuracy.
- It allows sender banks to validate and confirm branch details before processing payments.
There are thousands of branches across Uttar Pradesh and the rest of India and the IFSC Code ensures that transactions meant for State Bank Of India in Racc R And Db Faizabad do not get mixed with another location.
Format of the IFSC Code SBIN0063190
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 Racc R And Db Faizabad in Faizabad.
For example, the IFSC Code SBIN0063190 of State Bank Of India for the Racc R And Db Faizabad branch has these elements, identifying the bank and the branch location in Faizabad and Uttar Pradesh correctly.
How to Find IFSC Code for State Bank Of India?
To find the IFSC Code SBIN0063190 of State Bank Of India for its Racc R And Db Faizabad branch located in Faizabad, 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 Faizabad and Faizabad, 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 Racc R And Db Faizabad or Faizabad to find the exact IFSC Code SBIN0063190.
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 Faizabad will provide accurate information.
How to Use IFSC Code SBIN0063190 for Online Transfers?
Once you have the IFSC Code SBIN0063190 for the Racc R And Db Faizabad branch of State Bank Of India in Faizabad, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code SBIN0063190. 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 SBIN0063190.
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 Racc R And Db Faizabad in Faizabad, 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 Racc R And Db Faizabad, 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 Faizabad manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is SBIN0063190.
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 Faizabad Main Branch, Civil Lines Faizabad located in Faizabad, Faizabad, Uttar Pradesh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.