Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of State Bank Of India for its Racc Gopeshwar branch in Gopeshwar, Gopeshwar, Uttarakhand, then this guide will give you detailed information.
The banking system has evolved significantly in India, and today the customers of State Bank Of India located in Gopeshwar or anywhere in Uttarakhand can transfer funds instantly by using the correct IFSC Code SBIN0062358. You should definitely 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, Racc Gopeshwar, Gopeshwar
Below in the table are the key details related to IFSC Code SBIN0062358 of State Bank Of India for its branch located in Gopeshwar, within the district of Gopeshwar in the state of Uttarakhand.
| Particulars | Details |
|---|---|
| Bank | State Bank Of India |
| IFSC Code | SBIN0062358 |
| Branch | Racc Gopeshwar |
| City | Gopeshwar |
| District | Gopeshwar |
| State | Uttarakhand |
| Address | Gopeshwar, Chamoli, Uttarakhand -246401 |
These details are essential not only for online banking users but also for businesses and individuals who use State Bank Of India in Gopeshwar for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0062358 for the Racc Gopeshwar 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, along with State Bank Of India located in Racc Gopeshwar, Gopeshwar, Uttarakhand, are allotted a unique IFSC like SBIN0062358 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Gopeshwar.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Gopeshwar and Gopeshwar.
- 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 Racc Gopeshwar reaches the right place, even though there are thousands of branches in Uttarakhand and across India.
Format of the IFSC Code SBIN0062358
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 Gopeshwar in Gopeshwar.
For example, the IFSC Code SBIN0062358 of State Bank Of India for the Racc Gopeshwar branch includes these elements, identifying the bank and the branch location in Gopeshwar and Uttarakhand accurately.
How to Find IFSC Code for State Bank Of India?
If you are trying to find the IFSC Code SBIN0062358 of State Bank Of India for its Racc Gopeshwar branch located in Gopeshwar, 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 Gopeshwar and Gopeshwar, 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 Gopeshwar or Gopeshwar to get the exact IFSC Code SBIN0062358.
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 Gopeshwar that will provide accurate information.
How to Use IFSC Code SBIN0062358 for Online Transfers?
If you have the IFSC Code SBIN0062358 for the Racc Gopeshwar branch of State Bank Of India in Gopeshwar, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code SBIN0062358. Transfers are processed in batches. 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. Asks for the recipient's account details and State Bank Of India IFSC Code SBIN0062358.
Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for State Bank Of India Racc Gopeshwar in Gopeshwar, it may 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 Gopeshwar, 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 Gopeshwar to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code of the Racc Gopeshwar Gopeshwar branch is SBIN0062358.
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 Gopeshwar, Chamoli, Uttarakhand -246401.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.