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IFSC Code of State Bank Of India, Senapati Bapat Marg, Lower Parel, Mumbai, Mumbai, Maharashtra — SBIN0013757

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 Senapati Bapat Marg, Lower Parel, Mumbai branch in Greater Mumbai, 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 Mumbai or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code SBIN0013757. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for State Bank Of India, Senapati Bapat Marg, Lower Parel, Mumbai, Greater Mumbai

Below in the table are the key details related to IFSC Code SBIN0013757 of State Bank Of India for its branch located in Greater Mumbai, within the district of Mumbai in the state of Maharashtra.

Particulars Details
Bank State Bank Of India
IFSC Code SBIN0013757
Branch Senapati Bapat Marg, Lower Parel, Mumbai
City Greater Mumbai
District Mumbai
State Maharashtra
Address Raghuvanshi Mills Compound,Senapati Bapat Marg,Lower Parel West,Mumba

These details help users in online banking and for businesses and individuals who use State Bank Of India in Greater Mumbai for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0013757 for the Senapati Bapat Marg, Lower Parel, 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, along with State Bank Of India located in Senapati Bapat Marg, Lower Parel, Mumbai, Greater Mumbai, Maharashtra, are given a unique IFSC like SBIN0013757 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 Mumbai.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents any kind of confusion between different branches of the same bank in places like Greater Mumbai and Mumbai.
  • It reduces errors in fund transfers and improves accuracy.
  • It helps the sender banks to validate and confirm branch details before processing payments.

It helps ensure that any money sent to State Bank Of India in Senapati Bapat Marg, Lower Parel, Mumbai goes to the correct branch. This is important because State Bank Of India has thousands of branches in Maharashtra and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code SBIN0013757

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): These represent the bank code. In State Bank Of India, they are a short identifier for the bank.
  • 5th character (0): This is always zero and is reserved for future use.
  • Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Senapati Bapat Marg, Lower Parel, Mumbai in Greater Mumbai.

For example, the IFSC Code SBIN0013757 of State Bank Of India for the Senapati Bapat Marg, Lower Parel, Mumbai branch has these elements, identifying the bank and the branch location in Greater Mumbai and Maharashtra correctly.

How to Find IFSC Code for State Bank Of India?

If you are trying to find the IFSC Code SBIN0013757 of State Bank Of India for its Senapati Bapat Marg, Lower Parel, Mumbai branch located in Greater Mumbai, the following methods can help:

Cheque Book

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

Passbook

You can easily find the IFSC and MICR codes because most banks, including State Bank Of India branches in Greater Mumbai and Mumbai, print them on the first page of your passbook.

Bank Website

Visit the official website of State Bank Of India and navigate to the branch locator section. Search for Senapati Bapat Marg, Lower Parel, Mumbai or Greater Mumbai to get the exact IFSC Code SBIN0013757.

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 keeps an updated list of all IFSC codes. If you search for State Bank Of India and Greater Mumbai, you'll get the correct details.

How to Use IFSC Code SBIN0013757 for Online Transfers?

Once you have the IFSC Code SBIN0013757 for the Senapati Bapat Marg, Lower Parel, Mumbai branch of State Bank Of India in Greater Mumbai, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code SBIN0013757. Transfers are processed in batches. This is 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. Requires the recipient's account details and State Bank Of India IFSC Code SBIN0013757.

Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for State Bank Of India Senapati Bapat Marg, Lower Parel, Mumbai in Greater Mumbai 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 Senapati Bapat Marg, Lower Parel, Mumbai, 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 Mumbai manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of State Bank Of India in Senapati Bapat Marg, Lower Parel, Mumbai, Greater Mumbai?

The IFSC Code is SBIN0013757.

Is the IFSC Code SBIN0013757 permanent?

Yes, but there can be changes during mergers or restructuring.

Is MICR the same as IFSC?

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

Where can I find the IFSC Code of State Bank Of India Senapati Bapat Marg, Lower Parel, Mumbai?

You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Senapati Bapat Marg, Lower Parel, Mumbai branch?

The address of the branch is Raghuvanshi Mills Compound,Senapati Bapat Marg,Lower Parel West,Mumba located in Greater Mumbai, Mumbai, Maharashtra.

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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