The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of State Bank Of India for its Racc Fatehabad branch in Fatehabad, Fatehabad, Haryana, this complete guide will provide you with detailed information.
The banking system in India has changed over the years, and today customers of State Bank Of India located in Fatehabad or anywhere in Haryana can transfer funds instantly by using the correct IFSC Code SBIN0063462. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for State Bank Of India, Racc Fatehabad, Fatehabad
Here are the key points that are associated with the IFSC Code SBIN0063462 of State Bank Of India for its branch located in Fatehabad, within the district of Fatehabad in the state of Haryana.
| Particulars | Details |
|---|---|
| Bank | State Bank Of India |
| IFSC Code | SBIN0063462 |
| Branch | Racc Fatehabad |
| City | Fatehabad |
| District | Fatehabad |
| State | Haryana |
| Address | Racc Fatehabad , State Bank Of India, Opposite Anaj Mandi, Fatehabad |
These details are essential not only for online banking users but also for businesses and individuals who use State Bank Of India in Fatehabad for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0063462 for the Racc Fatehabad 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, including State Bank Of India located in Racc Fatehabad, Fatehabad, Haryana, is provided with a unique IFSC like SBIN0063462 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 Fatehabad.
- 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 Fatehabad and Fatehabad.
- 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 Haryana and the rest of India and the IFSC Code ensures that transactions meant for State Bank Of India in Racc Fatehabad do not get mixed with another location.
Format of the IFSC Code SBIN0063462
This is the format of the IFSC Code for banks, including State Bank Of India, follows an 11-character structure:
AAAA0CCCCCC
Here's the explanation:
- First 4 characters (AAAA): This is the bank code. For State Bank Of India, these characters are the bank's short identifier.
- 5th character (0): This stays zero till there is any future use.
- Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Racc Fatehabad in Fatehabad.
For example, the IFSC Code SBIN0063462 of State Bank Of India for the Racc Fatehabad branch includes these elements, identifying the bank and the branch location in Fatehabad and Haryana accurately.
How to Find IFSC Code for State Bank Of India?
If you are trying to find the IFSC Code SBIN0063462 of State Bank Of India for its Racc Fatehabad branch located in Fatehabad, 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 Fatehabad and Fatehabad, 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 Racc Fatehabad or Fatehabad to get the exact IFSC Code SBIN0063462.
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 Fatehabad that will provide accurate information.
How to Use IFSC Code SBIN0063462 for Online Transfers?
Once you have the IFSC Code SBIN0063462 for the Racc Fatehabad branch of State Bank Of India in Fatehabad, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code SBIN0063462. 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 SBIN0063462.
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 Racc Fatehabad in Fatehabad 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 Racc Fatehabad, 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 Fatehabad manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code of the Racc Fatehabad Fatehabad branch is SBIN0063462.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at Racc Fatehabad , State Bank Of India, Opposite Anaj Mandi, Fatehabad.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.