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 Racc Jhalawar branch in Jhalawar, Jhalawar, Rajasthan, 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 Jhalawar or anywhere in Rajasthan can transfer funds instantly by using the correct IFSC Code SBIN0063533. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for State Bank Of India, Racc Jhalawar, Jhalawar

Here are some of the key details that come with the IFSC Code SBIN0063533 of State Bank Of India for its branch located in Jhalawar, within the district of Jhalawar in the state of Rajasthan.

Particulars Details
Bank State Bank Of India
IFSC Code SBIN0063533
Branch Racc Jhalawar
City Jhalawar
District Jhalawar
State Rajasthan
Address A-3, Industrial Estate,Kota, Dist Jhalawar Rajasthan Pin 324007

These details help users in online banking and for businesses and individuals who use State Bank Of India in Jhalawar for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0063533 for the Racc Jhalawar 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 that is provided by the Reserve Bank of India. A unique IFSC like SBIN0063533 is given to every bank branch, including State Bank Of India located in Racc Jhalawar, Jhalawar, Rajasthan, to make sure that online payments reach the right place.

The IFSC Code is important because:

  • It uniquely identifies the State Bank Of India branch in Jhalawar.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any kind of confusion between multiple branches of the same bank across different places like Jhalawar and Jhalawar.
  • It removes errors in fund transfers and improves accuracy.
  • It lets the sender banks validate and confirm branch details before they process the payments.

There are thousands of branches across Rajasthan and the rest of India, which is why the IFSC Code ensures that transactions meant for State Bank Of India in Racc Jhalawar doesn't end up at another location.

Format of the IFSC Code SBIN0063533

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 Racc Jhalawar in Jhalawar.

For example, the IFSC Code SBIN0063533 of State Bank Of India for the Racc Jhalawar branch has these elements, identifying the bank and the branch location in Jhalawar and Rajasthan correctly.

How to Find IFSC Code for State Bank Of India?

To find the IFSC Code SBIN0063533 of State Bank Of India for its Racc Jhalawar branch located in Jhalawar, 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 Jhalawar and Jhalawar, 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 Jhalawar or Jhalawar to find the exact IFSC Code SBIN0063533.

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 Jhalawar will provide accurate information.

How to Use IFSC Code SBIN0063533 for Online Transfers?

If you have the IFSC Code SBIN0063533 for the Racc Jhalawar branch of State Bank Of India in Jhalawar, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code SBIN0063533. 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 SBIN0063533.

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 Jhalawar in Jhalawar, 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 Jhalawar, 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 Jhalawar 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 Jhalawar, Jhalawar?

The IFSC Code is SBIN0063533.

Is the IFSC Code SBIN0063533 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 Racc Jhalawar?

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 Racc Jhalawar branch?

The address of the branch is A-3, Industrial Estate,Kota, Dist Jhalawar Rajasthan Pin 324007 located in Jhalawar, Jhalawar, Rajasthan.

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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