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 R And Db Racc Kangeyam branch in Kangeyam, Kangeyam, Tamil Nadu, 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 Kangeyam or anywhere in Tamil Nadu can easily transfer funds instantly by using the correct IFSC Code SBIN0062488. 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, R And Db Racc Kangeyam, Kangeyam
The table below shows the main details of the IFSC Code SBIN0062488 for the State Bank Of India branch in Kangeyam, which falls under the Kangeyam district in Tamil Nadu.
| Particulars | Details |
|---|---|
| Bank | State Bank Of India |
| IFSC Code | SBIN0062488 |
| Branch | R And Db Racc Kangeyam |
| City | Kangeyam |
| District | Kangeyam |
| State | Tamil Nadu |
| Address | Pb No.1 No. 70 New No 158 Chennimalai Road, Kangeyam - 638701 |
These details are important not only for users using online banking but also for businesses and individuals who use State Bank Of India in Kangeyam for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code SBIN0062488 for the R And Db Racc Kangeyam 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 R And Db Racc Kangeyam, Kangeyam, Tamil Nadu, are given a unique IFSC like SBIN0062488 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Kangeyam.
- 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 Kangeyam and Kangeyam.
- 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 R And Db Racc Kangeyam goes to the correct branch. This is important because State Bank Of India has thousands of branches in Tamil Nadu and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code SBIN0062488
The format of the IFSC Code for banks, including State Bank Of India, has 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 R And Db Racc Kangeyam in Kangeyam.
For example, the IFSC Code SBIN0062488 of State Bank Of India for the R And Db Racc Kangeyam branch includes these elements, identifying the bank and the branch location in Kangeyam and Tamil Nadu correctly.
How to Find IFSC Code for State Bank Of India?
If you are trying to find the IFSC Code SBIN0062488 of State Bank Of India for its R And Db Racc Kangeyam branch located in Kangeyam, the following methods can help:
Cheque Book
The cheque books that are issued by State Bank Of India include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.
Passbook
Most banks, including State Bank Of India branches in Kangeyam and Kangeyam, 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 find the branch locator section. Search for R And Db Racc Kangeyam or Kangeyam to get the exact IFSC Code SBIN0062488.
Mobile Banking App
If you use State Bank Of India's mobile app, you can easily 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 to help you in searching for State Bank Of India and Kangeyam that will provide accurate information.
How to Use IFSC Code SBIN0062488 for Online Transfers?
Once you have the IFSC Code SBIN0062488 for the R And Db Racc Kangeyam branch of State Bank Of India in Kangeyam, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code SBIN0062488. 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 SBIN0062488.
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 R And Db Racc Kangeyam in Kangeyam may result in delayed or failed transactions.
Finding the MICR Code
MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of State Bank Of India in R And Db Racc Kangeyam, here are some of the ways 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.
Knowing both IFSC and MICR code can help account holders in Kangeyam manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code of the R And Db Racc Kangeyam Kangeyam branch is SBIN0062488.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at Pb No.1 No. 70 New No 158 Chennimalai Road, Kangeyam - 638701.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.