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 Racpc-Ii Noida branch in Gautam Budh Nagar, Noida, Uttar 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 Gautam Budh Nagar or anywhere in Uttar Pradesh can easily transfer funds instantly by using the correct IFSC Code SBIN0061112. 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, Racpc-Ii Noida, Gautam Budh Nagar
Here are the key points that are associated with the IFSC Code SBIN0061112 of State Bank Of India for its branch located in Gautam Budh Nagar, within the district of Noida in the state of Uttar Pradesh.
| Particulars | Details |
|---|---|
| Bank | State Bank Of India |
| IFSC Code | SBIN0061112 |
| Branch | Racpc-Ii Noida |
| City | Gautam Budh Nagar |
| District | Noida |
| State | Uttar Pradesh |
| Address | The Corenthum, Office No 111-112, Tower-A, Ground Floor, Plot No A-41, Sector-62, Noida, Distt.Gautam Budh Nagar. U.P. - 201301 |
These details helps users in online banking and for businesses and individuals who use State Bank Of India in Gautam Budh Nagar for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0061112 for the Racpc-Ii Noida branch of State Bank Of India plays a vital role.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, an 11-character alphanumeric code that is provided by the Reserve Bank of India. A unique IFSC like SBIN0061112 is given to every bank branch, including State Bank Of India located in Racpc-Ii Noida, Gautam Budh Nagar, Uttar Pradesh, to make sure that online payments reach the right place.
The IFSC Code is important because:
- It uniquely identifies the State Bank Of India branch in Gautam Budh Nagar.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any kind of confusion between multiple branches of the same bank across different places like Gautam Budh Nagar and Noida.
- It removes errors in fund transfers and improves accuracy.
- It lets the sender banks validate and confirm branch details before they process the payments.
There are thousands of branches across Uttar Pradesh and the rest of India, which is why the IFSC Code ensures that transactions meant for State Bank Of India in Racpc-Ii Noida doesn't end up at another location.
Format of the IFSC Code SBIN0061112
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 Racpc-Ii Noida in Gautam Budh Nagar.
For example, the IFSC Code SBIN0061112 of State Bank Of India for the Racpc-Ii Noida branch includes these elements, identifying the bank and the branch location in Gautam Budh Nagar and Uttar Pradesh accurately.
How to Find IFSC Code for State Bank Of India?
If you are trying to find the IFSC Code SBIN0061112 of State Bank Of India for its Racpc-Ii Noida branch located in Gautam Budh Nagar, 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 Gautam Budh Nagar and Noida, 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 Racpc-Ii Noida or Gautam Budh Nagar to get the exact IFSC Code SBIN0061112.
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 Gautam Budh Nagar, you'll get the correct details.
How to Use IFSC Code SBIN0061112 for Online Transfers?
Once you have the IFSC Code SBIN0061112 for the Racpc-Ii Noida branch of State Bank Of India in Gautam Budh Nagar, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code SBIN0061112. The transfer is completed in batches instead of instantly. It is useful for both 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 SBIN0061112.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the State Bank Of India Racpc-Ii Noida in Gautam Budh Nagar, your payment can get delayed or might not go through at all.
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 Racpc-Ii Noida, 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 Gautam Budh Nagar manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is SBIN0061112.
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 The Corenthum, Office No 111-112, Tower-A, Ground Floor, Plot No A-41, Sector-62, Noida, Distt.Gautam Budh Nagar. U.P. - 201301 located in Gautam Budh Nagar, Noida, Uttar Pradesh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.