IFSC Code of State Bank Of India, Moti Khavadi, Khavdimoti, Gujarat — SBIN0060401

For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of State Bank Of India for its Moti Khavadi branch in Jamnagar, Khavdimoti, Gujarat, this comprehensive guide will provide you with detailed information.

The banking system in India has changed significantly over the years, and today customers of State Bank Of India located in Jamnagar or anywhere in Gujarat can transfer funds instantly by using the correct IFSC Code SBIN0060401. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for State Bank Of India, Moti Khavadi, Jamnagar

The table below shows the main details of the IFSC Code SBIN0060401 for the State Bank Of India branch in Jamnagar, which falls under the Khavdimoti district in Gujarat.

These details are crucial, not just for online banking users but also for businesses and individuals who use State Bank Of India in Jamnagar for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0060401 for the Moti Khavadi branch of State Bank Of India has an 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 Moti Khavadi, Jamnagar, Gujarat, are given a unique IFSC like SBIN0060401 to ensure that online payments reach the right destination.

The IFSC Code is important because:

• It clearly tells which bank branch it is in Jamnagar.
• 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 Jamnagar and Khavdimoti.
• 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 Moti Khavadi 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 SBIN0060401

The format of the IFSC Code for banks, including State Bank Of India, follows an 11-character structure:

AAAA0CCCCCC

Here's the breakdown of this:

• First 4 characters (AAAA): Represent the bank code. For State Bank Of India, these characters are the bank's short identifier.
• 5th character (0): Always zero which is reserved for future use.
• Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Moti Khavadi in Jamnagar.

For example, the IFSC Code SBIN0060401 of State Bank Of India for the Moti Khavadi branch includes these elements, identifying the bank and the branch location in Jamnagar and Gujarat accurately.

How to Find IFSC Code for State Bank Of India?

To find the IFSC Code SBIN0060401 of State Bank Of India for its Moti Khavadi branch located in Jamnagar, 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 Jamnagar and Khavdimoti, 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 Moti Khavadi or Jamnagar to find the exact IFSC Code SBIN0060401.

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 Jamnagar will provide accurate information.

How to Use IFSC Code SBIN0060401 for Online Transfers?

If you have the IFSC Code SBIN0060401 for the Moti Khavadi branch of State Bank Of India in Jamnagar, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code SBIN0060401. 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 SBIN0060401.

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 Moti Khavadi in Jamnagar, 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 Moti Khavadi, 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 Jamnagar to handle online money transfers and get their cheques cleared smoothly.