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. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of State Bank Of India for its Racc Fi And Mm Jetpur branch in Jetpur, Jetpur, Gujarat, then this guide will give you detailed information.
The banking system has evolved significantly in India, and today the customers of State Bank Of India located in Jetpur or anywhere in Gujarat can transfer funds instantly by using the correct IFSC Code SBIN0062736. 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 Jetpur, Jetpur
The table below shows the main details of the IFSC Code SBIN0062736 for the State Bank Of India branch in Jetpur, which falls under the Jetpur district in Gujarat.
| Particulars | Details |
|---|---|
| Bank | State Bank Of India |
| IFSC Code | SBIN0062736 |
| Branch | Racc Fi And Mm Jetpur |
| City | Jetpur |
| District | Jetpur |
| State | Gujarat |
| Address | Bus Stand Roadshubh Laxmi, Kanakia Plot |
These details are important not only for users using online banking but also for businesses and individuals who use State Bank Of India in Jetpur for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code SBIN0062736 for the Racc Fi And Mm Jetpur branch of State Bank Of India is vital.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including State Bank Of India located in Racc Fi And Mm Jetpur, Jetpur, Gujarat, is provided a unique IFSC like SBIN0062736 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the State Bank Of India branch in Jetpur.
- Helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any confusions between multiple branches of the same bank across different places like Jetpur and Jetpur.
- It reduces most of the errors in fund transfers and makes sure its accuracy.
- It enables sender banks to validate and confirm branch details before processing payments.
For thousands of branches across Gujarat and the rest of India, the IFSC Code ensures that transactions meant for State Bank Of India in Racc Fi And Mm Jetpur do not get misguided to another person.
Format of the IFSC Code SBIN0062736
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 Racc Fi And Mm Jetpur in Jetpur.
For example, the IFSC Code SBIN0062736 of State Bank Of India for the Racc Fi And Mm Jetpur branch includes these elements, identifying the bank and the branch location in Jetpur and Gujarat accurately.
How to Find IFSC Code for State Bank Of India?
If you are looking for the IFSC Code SBIN0062736 of State Bank Of India for its Racc Fi And Mm Jetpur branch located in Jetpur, the following methods can help:
Cheque Book
The cheque book that is issued by State Bank Of India includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.
Passbook
Most of the banks, including State Bank Of India branches in Jetpur and Jetpur, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
You can visit the official website of State Bank Of India and look for the branch locator section, then search for Racc Fi And Mm Jetpur or Jetpur to get the exact IFSC Code SBIN0062736.
Mobile Banking App
If you use State Bank Of India's mobile app, you can check your account details to easily find your branch's IFSC code.
RBI Website
The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for State Bank Of India and Jetpur, then it will provide you proper information.
How to Use IFSC Code SBIN0062736 for Online Transfers?
If you have the IFSC Code SBIN0062736 for the Racc Fi And Mm Jetpur branch of State Bank Of India in Jetpur, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code SBIN0062736. 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 SBIN0062736.
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 Jetpur in Jetpur, 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 Racc Fi And Mm Jetpur, 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 Jetpur manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is SBIN0062736.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Bus Stand Roadshubh Laxmi, Kanakia Plot located in Jetpur, Jetpur, Gujarat.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.