IFSC Code of State Bank Of India, Vikhroli (West), Mumbai, Mumbai, Maharashtra — SBIN0001406

The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of State Bank Of India for its Vikhroli (West), Mumbai branch in Greater Bombay, Mumbai, Maharashtra, this complete guide will provide you with detailed information.

The banking system in India has changed over the years, and today customers of State Bank Of India located in Greater Bombay or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code SBIN0001406. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for State Bank Of India, Vikhroli (West), Mumbai, Greater Bombay

Below in the table are the key details related to IFSC Code SBIN0001406 of State Bank Of India for its branch located in Greater Bombay, within the district of Mumbai in the state of Maharashtra.

These details are important not only for users using online banking but also for businesses and individuals who use State Bank Of India in Greater Bombay for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code SBIN0001406 for the Vikhroli (West), Mumbai 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 that is provided by the Reserve Bank of India. A unique IFSC like SBIN0001406 is given to every bank branch, including State Bank Of India located in Vikhroli (West), Mumbai, Greater Bombay, Maharashtra, 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 Greater Bombay.
• 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 Greater Bombay and Mumbai.
• 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 Maharashtra and the rest of India, which is why the IFSC Code ensures that transactions meant for State Bank Of India in Vikhroli (West), Mumbai doesn't end up at another location.

Format of the IFSC Code SBIN0001406

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 Vikhroli (West), Mumbai in Greater Bombay.

For example, the IFSC Code SBIN0001406 of State Bank Of India for the Vikhroli (West), 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?

To find the IFSC Code SBIN0001406 of State Bank Of India for its Vikhroli (West), Mumbai branch located in Greater Bombay, the following methods can help you out:

Cheque Book

The cheque book issued by State Bank Of India includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.

Passbook

Most banks, including State Bank Of India branches in Greater Bombay and Mumbai, 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 go to the branch locator section. Then search for Vikhroli (West), Mumbai or Greater Bombay to find the exact IFSC Code SBIN0001406.

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 maintains an updated database of all IFSC codes. Searching for State Bank Of India and Greater Bombay will provide accurate information.

How to Use IFSC Code SBIN0001406 for Online Transfers?

Once you have the IFSC Code SBIN0001406 for the Vikhroli (West), Mumbai branch of State Bank Of India in Greater Bombay, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code SBIN0001406. 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 SBIN0001406.

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 Vikhroli (West), Mumbai in Greater Bombay, 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 Vikhroli (West), 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.