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 Jamvala branch in Junagadh, Jamvala, 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 Junagadh or anywhere in Gujarat can easily transfer funds instantly by using the correct IFSC Code SBIN0060348. 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, Jamvala, Junagadh

Below in the table are the key details related to IFSC Code SBIN0060348 of State Bank Of India for its branch located in Junagadh, within the district of Jamvala in the state of Gujarat.

Particulars Details
Bank State Bank Of India
IFSC Code SBIN0060348
Branch Jamvala
City Junagadh
District Jamvala
State Gujarat
Address Dist Junagadh,Jamvala 362530 Taluka Una

These details helps users in online banking and for businesses and individuals who use State Bank Of India in Junagadh for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0060348 for the Jamvala branch of State Bank Of India plays a vital role.

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 Jamvala, Junagadh, Gujarat, is provided a unique IFSC like SBIN0060348 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 Junagadh.
  • 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 Junagadh and Jamvala.
  • 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 Jamvala do not get misguided to another person.

Format of the IFSC Code SBIN0060348

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 Jamvala in Junagadh.

For example, the IFSC Code SBIN0060348 of State Bank Of India for the Jamvala branch has these elements, identifying the bank and the branch location in Junagadh and Gujarat correctly.

How to Find IFSC Code for State Bank Of India?

To find the IFSC Code SBIN0060348 of State Bank Of India for its Jamvala branch located in Junagadh, 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 Junagadh and Jamvala, 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 Jamvala or Junagadh to find the exact IFSC Code SBIN0060348.

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 Junagadh will provide accurate information.

How to Use IFSC Code SBIN0060348 for Online Transfers?

If you have the IFSC Code SBIN0060348 for the Jamvala branch of State Bank Of India in Junagadh, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code SBIN0060348. 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 SBIN0060348.

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 Jamvala in Junagadh, it may result in delayed or failed transactions.

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 Jamvala, 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 Junagadh 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 Jamvala, Junagadh?

The IFSC Code is SBIN0060348.

Is the IFSC Code SBIN0060348 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 Jamvala?

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 Jamvala branch?

The address of the branch is Dist Junagadh,Jamvala 362530 Taluka Una located in Junagadh, Jamvala, 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.