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 Fi And Mm Limbdi branch in Limbdi, Limbdi, Gujarat, 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 Limbdi or anywhere in Gujarat can transfer funds instantly by using the correct IFSC Code SBIN0062748. 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 Fi And Mm Limbdi, Limbdi
Here are the main details that are associated with the IFSC Code SBIN0062748 of State Bank Of India for its branch located in Limbdi, within the district of Limbdi in the state of Gujarat.
| Particulars | Details |
|---|---|
| Bank | State Bank Of India |
| IFSC Code | SBIN0062748 |
| Branch | Racc Fi And Mm Limbdi |
| City | Limbdi |
| District | Limbdi |
| State | Gujarat |
| Address | Station Road Near Post Office Limbdi 363421 |
These details help users in online banking and for businesses and individuals who use State Bank Of India in Limbdi for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0062748 for the Racc Fi And Mm Limbdi 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 provided by the Reserve Bank of India. Every bank branch, along with State Bank Of India located in Racc Fi And Mm Limbdi, Limbdi, Gujarat, are allotted a unique IFSC like SBIN0062748 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Limbdi.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Limbdi and Limbdi.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It makes sure that money sent to State Bank Of India in Racc Fi And Mm Limbdi reaches the right place, even though there are thousands of branches in Gujarat and across India.
Format of the IFSC Code SBIN0062748
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 Fi And Mm Limbdi in Limbdi.
For example, the IFSC Code SBIN0062748 of State Bank Of India for the Racc Fi And Mm Limbdi branch has these elements, identifying the bank and the branch location in Limbdi and Gujarat correctly.
How to Find IFSC Code for State Bank Of India?
If you are trying to find the IFSC Code SBIN0062748 of State Bank Of India for its Racc Fi And Mm Limbdi branch located in Limbdi, the following methods can help:
Cheque Book
The cheque book issued by State Bank Of India includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.
Passbook
You can easily find the IFSC and MICR codes because most banks, including State Bank Of India branches in Limbdi and Limbdi, print them on the first page of your passbook.
Bank Website
Visit the official website of State Bank Of India and navigate to the branch locator section. Search for Racc Fi And Mm Limbdi or Limbdi to get the exact IFSC Code SBIN0062748.
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 keeps an updated list of all IFSC codes. If you search for State Bank Of India and Limbdi, you'll get the correct details.
How to Use IFSC Code SBIN0062748 for Online Transfers?
Once you have the IFSC Code SBIN0062748 for the Racc Fi And Mm Limbdi branch of State Bank Of India in Limbdi, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code SBIN0062748. 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 SBIN0062748.
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 Fi And Mm Limbdi in Limbdi, your payment can get delayed or might not go through at all.
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 Limbdi, 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 Limbdi manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is SBIN0062748.
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 Station Road Near Post Office Limbdi 363421 located in Limbdi, Limbdi, Gujarat.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.