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 Dbu Mahasamund branch in Mahasamund, Mahasamund, Chhattisgarh, 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 Mahasamund or anywhere in Chhattisgarh can transfer funds instantly by using the correct IFSC Code SBIN0064048. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for State Bank Of India, Dbu Mahasamund, Mahasamund
The table below shows the main details of the IFSC Code SBIN0064048 for the State Bank Of India branch in Mahasamund, which falls under the Mahasamund district in Chhattisgarh.
| Particulars | Details |
|---|---|
| Bank | State Bank Of India |
| IFSC Code | SBIN0064048 |
| Branch | Dbu Mahasamund |
| City | Mahasamund |
| District | Mahasamund |
| State | Chhattisgarh |
| Address | State Bank Of India,Dbu Mahasamund Branchnear Cseb Office,Bti Road,Mahasamund,Cg |
These details help users in online banking and for businesses and individuals who use State Bank Of India in Mahasamund for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0064048 for the Dbu Mahasamund 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 Dbu Mahasamund, Mahasamund, Chhattisgarh, are given a unique IFSC like SBIN0064048 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Mahasamund.
- 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 Mahasamund and Mahasamund.
- 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 Dbu Mahasamund goes to the correct branch. This is important because State Bank Of India has thousands of branches in Chhattisgarh and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code SBIN0064048
The format of the IFSC Code for banks, including State Bank Of India, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown of this:
- First 4 characters (AAAA): Represent the bank code. For State Bank Of India, these characters are the bank's short identifier.
- 5th character (0): Always zero which is reserved for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Dbu Mahasamund in Mahasamund.
For example, the IFSC Code SBIN0064048 of State Bank Of India for the Dbu Mahasamund branch includes these elements, identifying the bank and the branch location in Mahasamund and Chhattisgarh accurately.
How to Find IFSC Code for State Bank Of India?
If you are looking for the IFSC Code SBIN0064048 of State Bank Of India for its Dbu Mahasamund branch located in Mahasamund, 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 Mahasamund and Mahasamund, 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 Dbu Mahasamund or Mahasamund to get the exact IFSC Code SBIN0064048.
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 Mahasamund, then it will provide you proper information.
How to Use IFSC Code SBIN0064048 for Online Transfers?
Once you have the IFSC Code SBIN0064048 for the Dbu Mahasamund branch of State Bank Of India in Mahasamund, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code SBIN0064048. 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 SBIN0064048.
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 Dbu Mahasamund in Mahasamund, your payment can get delayed or might not go through at all.
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 Dbu Mahasamund, 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 Mahasamund manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is SBIN0064048.
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 State Bank Of India,Dbu Mahasamund Branchnear Cseb Office,Bti Road,Mahasamund,Cg located in Mahasamund, Mahasamund, Chhattisgarh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.