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IFSC Code of State Bank Of India, Racc Fi And Mm Jamnagar, Jamnagar, Gujarat — SBIN0062735

There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of State Bank Of India for its Racc Fi And Mm Jamnagar branch in Jamnagar, Jamnagar, Gujarat, then this comprehensive guide will provide you with detailed information.

The banking system in India has changed over time, and today the customers of State Bank Of India situated in Jamnagar or anywhere in Gujarat can easily transfer funds instantly by using the correct IFSC Code SBIN0062735. You should 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 Jamnagar, Jamnagar

Below in the table are the key details related to IFSC Code SBIN0062735 of State Bank Of India for its branch located in Jamnagar, within the district of Jamnagar in the state of Gujarat.

Particulars Details
Bank State Bank Of India
IFSC Code SBIN0062735
Branch Racc Fi And Mm Jamnagar
City Jamnagar
District Jamnagar
State Gujarat
Address 2Nd Floor, Above Ranjit Road Branch, Ranjit Road, Jamnagar 361005

These details are important not only for users using online banking but also for businesses and individuals who use State Bank Of India in Jamnagar for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code SBIN0062735 for the Racc Fi And Mm Jamnagar 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 Jamnagar, Jamnagar, Gujarat, are allotted a unique IFSC like SBIN0062735 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 confusion between different branches of the same bank in places like Jamnagar and Jamnagar.
  • 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 Racc Fi And Mm Jamnagar reaches the right place, even though there are thousands of branches in Gujarat and across India.

Format of the IFSC Code SBIN0062735

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): Show the bank code. For State Bank Of India, these letters represent the bank's short name.
  • 5th character: Is always zero and is kept for future use.
  • Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Racc Fi And Mm Jamnagar in Jamnagar.

For example, the IFSC Code SBIN0062735 of State Bank Of India for the Racc Fi And Mm Jamnagar 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?

If you are trying to find the IFSC Code SBIN0062735 of State Bank Of India for its Racc Fi And Mm Jamnagar branch located in Jamnagar, 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 Jamnagar and Jamnagar, 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 Racc Fi And Mm Jamnagar or Jamnagar to get the exact IFSC Code SBIN0062735.

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 Jamnagar, you'll get the correct details.

How to Use IFSC Code SBIN0062735 for Online Transfers?

Once you have the IFSC Code SBIN0062735 for the Racc Fi And Mm Jamnagar branch of State Bank Of India in Jamnagar, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code SBIN0062735. 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 SBIN0062735.

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 Racc Fi And Mm Jamnagar in Jamnagar 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 Racc Fi And Mm Jamnagar, 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.

Frequently Asked Questions (FAQs)

What is the IFSC Code of State Bank Of India in Racc Fi And Mm Jamnagar, Jamnagar?

The IFSC Code is SBIN0062735.

Is the IFSC Code SBIN0062735 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 Jamnagar?

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 Jamnagar branch?

The address of the branch is 2Nd Floor, Above Ranjit Road Branch, Ranjit Road, Jamnagar 361005 located in Jamnagar, Jamnagar, 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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