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IFSC Code of State Bank Of India, Racc Fi And Mm Himmatnagar, Himmatnagar, Gujarat — SBIN0062740

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 Racc Fi And Mm Himmatnagar branch in Himmatnagar, Himmatnagar, or Gujarat, 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 Himmatnagar or anywhere in Gujarat can transfer funds instantly by using the correct IFSC Code SBIN0062740. 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 Fi And Mm Himmatnagar, Himmatnagar

Below in the table are the key details related to IFSC Code SBIN0062740 of State Bank Of India for its branch located in Himmatnagar, within the district of Himmatnagar in the state of Gujarat.

Particulars Details
Bank State Bank Of India
IFSC Code SBIN0062740
Branch Racc Fi And Mm Himmatnagar
City Himmatnagar
District Himmatnagar
State Gujarat
Address Opp Civil Hospital Himatnagar Dist Sabarkantha

These details are important not only for users using online banking but also for businesses and individuals who use State Bank Of India in Himmatnagar for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code SBIN0062740 for the Racc Fi And Mm Himmatnagar 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 provided by the Reserve Bank of India. Every bank branch, along with State Bank Of India located in Racc Fi And Mm Himmatnagar, Himmatnagar, Gujarat, are given a unique IFSC like SBIN0062740 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Himmatnagar.
  • 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 Himmatnagar and Himmatnagar.
  • 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 Racc Fi And Mm Himmatnagar goes to the correct branch. This is important because State Bank Of India has thousands of branches in Gujarat and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code SBIN0062740

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 Fi And Mm Himmatnagar in Himmatnagar.

For example, the IFSC Code SBIN0062740 of State Bank Of India for the Racc Fi And Mm Himmatnagar branch includes these elements, identifying the bank and the branch location in Himmatnagar and Gujarat accurately.

How to Find IFSC Code for State Bank Of India?

To find the IFSC Code SBIN0062740 of State Bank Of India for its Racc Fi And Mm Himmatnagar branch located in Himmatnagar, 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 Himmatnagar and Himmatnagar, 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 Racc Fi And Mm Himmatnagar or Himmatnagar to find the exact IFSC Code SBIN0062740.

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 Himmatnagar will provide accurate information.

How to Use IFSC Code SBIN0062740 for Online Transfers?

If you have the IFSC Code SBIN0062740 for the Racc Fi And Mm Himmatnagar branch of State Bank Of India in Himmatnagar, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code SBIN0062740. 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 SBIN0062740.

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 Fi And Mm Himmatnagar in Himmatnagar, it may result in delayed or failed transactions.

Finding the MICR Code

MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of State Bank Of India in Racc Fi And Mm Himmatnagar, you can find it by any of the following ways:

  • Check the bottom of your cheque leaf.
  • Go to the first page of your passbook.
  • Visit the official State Bank Of India website.
  • Search the RBI portal.

Having both IFSC and MICR codes helps account holders in Himmatnagar 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 Racc Fi And Mm Himmatnagar, Himmatnagar?

The IFSC Code is SBIN0062740.

Is the IFSC Code SBIN0062740 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

Where can I find the IFSC Code of State Bank Of India Racc Fi And Mm Himmatnagar?

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

What is the full address of the Racc Fi And Mm Himmatnagar branch?

The address of the branch is Opp Civil Hospital Himatnagar Dist Sabarkantha located in Himmatnagar, Himmatnagar, Gujarat.

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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