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IFSC Code of State Bank Of India, Fimm Racc Godavarikhani, Godavarikhani, Telangana — SBIN0062520

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 Fimm Racc Godavarikhani branch in Godavarikhani, Godavarikhani, Telangana, 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 Godavarikhani or anywhere in Telangana can transfer funds instantly by using the correct IFSC Code SBIN0062520. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for State Bank Of India, Fimm Racc Godavarikhani, Godavarikhani

The table below shows the main details of the IFSC Code SBIN0062520 for the State Bank Of India branch in Godavarikhani, which falls under the Godavarikhani district in Telangana.

Particulars Details
Bank State Bank Of India
IFSC Code SBIN0062520
Branch Fimm Racc Godavarikhani
City Godavarikhani
District Godavarikhani
State Telangana
Address D No 3 2 29 10,1St Floor, Shivaji Chowk,Adilabad

These details are important not only for users using online banking but also for businesses and individuals who use State Bank Of India in Godavarikhani for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code SBIN0062520 for the Fimm Racc Godavarikhani branch of State Bank Of India is vital.

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 Fimm Racc Godavarikhani, Godavarikhani, Telangana, are allotted a unique IFSC like SBIN0062520 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Godavarikhani.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents confusion between different branches of the same bank in places like Godavarikhani and Godavarikhani.
  • 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 Fimm Racc Godavarikhani reaches the right place, even though there are thousands of branches in Telangana and across India.

Format of the IFSC Code SBIN0062520

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): 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 Fimm Racc Godavarikhani in Godavarikhani.

For example, the IFSC Code SBIN0062520 of State Bank Of India for the Fimm Racc Godavarikhani branch includes these elements, identifying the bank and the branch location in Godavarikhani and Telangana accurately.

How to Find IFSC Code for State Bank Of India?

If you are trying to find the IFSC Code SBIN0062520 of State Bank Of India for its Fimm Racc Godavarikhani branch located in Godavarikhani, 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 Godavarikhani and Godavarikhani, 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 Fimm Racc Godavarikhani or Godavarikhani to get the exact IFSC Code SBIN0062520.

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 Godavarikhani that will provide accurate information.

How to Use IFSC Code SBIN0062520 for Online Transfers?

Once you have the IFSC Code SBIN0062520 for the Fimm Racc Godavarikhani branch of State Bank Of India in Godavarikhani, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code SBIN0062520. The transfer is completed in batches. It is useful for both personal and business payments.

RTGS

Used for payments over ₹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 SBIN0062520.

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 Fimm Racc Godavarikhani in Godavarikhani, 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 Fimm Racc Godavarikhani, here are some ways to obtain 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.

Having both the IFSC and MICR codes makes it easy for account holders in Godavarikhani to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of State Bank Of India in Fimm Racc Godavarikhani, Godavarikhani?

The IFSC Code is SBIN0062520.

Is the IFSC Code SBIN0062520 permanent?

Yes, but it can change during merging or restructuring of the bank.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and IFSC is for online transfers.

Where can I find the IFSC Code of State Bank Of India Fimm Racc Godavarikhani?

You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.

What is the full address of the Fimm Racc Godavarikhani branch?

The address of the branch is D No 3 2 29 10,1St Floor, Shivaji Chowk,Adilabad located in Godavarikhani, Godavarikhani, Telangana.

What is the use of IFSC Code in online banking?

The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.

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