The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of State Bank Of India for its Racc Dumka Fi And Mm branch in Jharkhand, Jharkhand, Jharkhand, this complete guide will provide you with detailed information.
The banking system in India has changed over the years, and today customers of State Bank Of India located in Jharkhand or anywhere in Jharkhand can transfer funds instantly by using the correct IFSC Code SBIN0062825. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for State Bank Of India, Racc Dumka Fi And Mm, Jharkhand
Here are the main details that are associated with the IFSC Code SBIN0062825 of State Bank Of India for its branch located in Jharkhand, within the district of Jharkhand in the state of Jharkhand.
| Particulars | Details |
|---|---|
| Bank | State Bank Of India |
| IFSC Code | SBIN0062825 |
| Branch | Racc Dumka Fi And Mm |
| City | Jharkhand |
| District | Jharkhand |
| State | Jharkhand |
| Address | First Floor,Sbi Jarmundi Branch,Atpo Jarmundi,Deoghar Dumka Road Dist Dumka,Jharkhand,Pin 814141 |
These details are important not only for users using online banking but also for businesses and individuals who use State Bank Of India in Jharkhand for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code SBIN0062825 for the Racc Dumka Fi And Mm 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 Dumka Fi And Mm, Jharkhand, Jharkhand, are given a unique IFSC like SBIN0062825 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Jharkhand.
- 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 Jharkhand and Jharkhand.
- 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 Dumka Fi And Mm goes to the correct branch. This is important because State Bank Of India has thousands of branches in Jharkhand and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code SBIN0062825
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 Dumka Fi And Mm in Jharkhand.
For example, the IFSC Code SBIN0062825 of State Bank Of India for the Racc Dumka Fi And Mm branch includes these elements, identifying the bank and the branch location in Jharkhand and Jharkhand accurately.
How to Find IFSC Code for State Bank Of India?
If you are looking for the IFSC Code SBIN0062825 of State Bank Of India for its Racc Dumka Fi And Mm branch located in Jharkhand, 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 Jharkhand and Jharkhand, 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 Dumka Fi And Mm or Jharkhand to get the exact IFSC Code SBIN0062825.
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 Jharkhand, then it will provide you proper information.
How to Use IFSC Code SBIN0062825 for Online Transfers?
Once you have the IFSC Code SBIN0062825 for the Racc Dumka Fi And Mm branch of State Bank Of India in Jharkhand, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code SBIN0062825. The transfer is completed in batches instead of instantly. It is useful for both 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 SBIN0062825.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the State Bank Of India Racc Dumka Fi And Mm in Jharkhand, your payment can get delayed or might not go through at all.
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 Dumka Fi And Mm, 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 Jharkhand manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is SBIN0062825.
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 First Floor,Sbi Jarmundi Branch,Atpo Jarmundi,Deoghar Dumka Road Dist Dumka,Jharkhand,Pin 814141 located in Jharkhand, Jharkhand, Jharkhand.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.