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 Bapmc Complex, Navi Mumbai branch in Greater Bombay, Vashi, Maharashtra, 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 Greater Bombay or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code SBIN0009961. 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, Bapmc Complex, Navi Mumbai, Greater Bombay
Here are some of the key details that come with the IFSC Code SBIN0009961 of State Bank Of India for its branch located in Greater Bombay, within the district of Vashi in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | State Bank Of India |
| IFSC Code | SBIN0009961 |
| Branch | Bapmc Complex, Navi Mumbai |
| City | Greater Bombay |
| District | Vashi |
| State | Maharashtra |
| Address | Central.Facility.Building,Turbhe.Vashi,Thane,New.Mumbai |
These details help users in online banking and for businesses and individuals who use State Bank Of India in Greater Bombay for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0009961 for the Bapmc Complex, Navi Mumbai 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 Bapmc Complex, Navi Mumbai, Greater Bombay, Maharashtra, is provided with a unique IFSC like SBIN0009961 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 Greater Bombay.
- 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 Greater Bombay and Vashi.
- 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 Maharashtra and the rest of India and the IFSC Code ensures that transactions meant for State Bank Of India in Bapmc Complex, Navi Mumbai do not get mixed with another location.
Format of the IFSC Code SBIN0009961
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 Bapmc Complex, Navi Mumbai in Greater Bombay.
For example, the IFSC Code SBIN0009961 of State Bank Of India for the Bapmc Complex, Navi Mumbai branch includes these elements, identifying the bank and the branch location in Greater Bombay and Maharashtra accurately.
How to Find IFSC Code for State Bank Of India?
If you are looking for the IFSC Code SBIN0009961 of State Bank Of India for its Bapmc Complex, Navi Mumbai branch located in Greater Bombay, the following methods can help:
Cheque Book
The cheque book that is issued by State Bank Of India includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.
Passbook
Most of the banks, including State Bank Of India branches in Greater Bombay and Vashi, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
You can visit the official website of State Bank Of India and look for the branch locator section, then search for Bapmc Complex, Navi Mumbai or Greater Bombay to get the exact IFSC Code SBIN0009961.
Mobile Banking App
If you use State Bank Of India's mobile app, you can check your account details to easily find your branch's IFSC code.
RBI Website
The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for State Bank Of India and Greater Bombay, then it will provide you proper information.
How to Use IFSC Code SBIN0009961 for Online Transfers?
If you have the IFSC Code SBIN0009961 for the Bapmc Complex, Navi Mumbai branch of State Bank Of India in Greater Bombay, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code SBIN0009961. 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 SBIN0009961.
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 Bapmc Complex, Navi Mumbai in Greater Bombay, 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 Bapmc Complex, Navi Mumbai, 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 Greater Bombay to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is SBIN0009961.
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 Central.Facility.Building,Turbhe.Vashi,Thane,New.Mumbai located in Greater Bombay, Vashi, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.