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. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of State Bank Of India for its Panchpakhadi Br., Thane branch in Greater Bombay, Thane, or Maharashtra, this guide will help you with all the details.
There have been major changes in the banking sector 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 SBIN0011674. 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, Panchpakhadi Br., Thane, Greater Bombay
Below in the table are the key details related to IFSC Code SBIN0011674 of State Bank Of India for its branch located in Greater Bombay, within the district of Thane in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | State Bank Of India |
| IFSC Code | SBIN0011674 |
| Branch | Panchpakhadi Br., Thane |
| City | Greater Bombay |
| District | Thane |
| State | Maharashtra |
| Address | Shop No 1,2,3,And4,Sita Kripa,Panchpakadi,Distmumbai,Thane |
These details helps 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 SBIN0011674 for the Panchpakhadi Br., Thane 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 provided by the Reserve Bank of India. Every bank branch, along with State Bank Of India located in Panchpakhadi Br., Thane, Greater Bombay, Maharashtra, are allotted a unique IFSC like SBIN0011674 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Greater Bombay.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Greater Bombay and Thane.
- 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 Panchpakhadi Br., Thane reaches the right place, even though there are thousands of branches in Maharashtra and across India.
Format of the IFSC Code SBIN0011674
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 Panchpakhadi Br., Thane in Greater Bombay.
For example, the IFSC Code SBIN0011674 of State Bank Of India for the Panchpakhadi Br., Thane 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 trying to find the IFSC Code SBIN0011674 of State Bank Of India for its Panchpakhadi Br., Thane branch located in Greater Bombay, 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 Greater Bombay and Thane, 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 Panchpakhadi Br., Thane or Greater Bombay to get the exact IFSC Code SBIN0011674.
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 Greater Bombay that will provide accurate information.
How to Use IFSC Code SBIN0011674 for Online Transfers?
Once you have the IFSC Code SBIN0011674 for the Panchpakhadi Br., Thane branch of State Bank Of India in Greater Bombay, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code SBIN0011674. Transfers are processed in batches. Suitable for personal and business payments.
RTGS
Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. You need the recipient's account details and State Bank Of India IFSC Code SBIN0011674.
Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for State Bank Of India Panchpakhadi Br., Thane in Greater Bombay, it can 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 Panchpakhadi Br., Thane, 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 Greater Bombay manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is SBIN0011674.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is Shop No 1,2,3,And4,Sita Kripa,Panchpakadi,Distmumbai,Thane located in Greater Bombay, Thane, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.