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IFSC Code of State Bank Of India, Sarg, Commercial-Iii Mumbai, Mumbai, Maharashtra — SBIN0061341

Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of State Bank Of India for its Sarg, Commercial-Iii Mumbai branch in Mumbai, Mumbai, Maharashtra, then this guide will give you detailed information.

The banking system has evolved significantly in India, and today the customers of State Bank Of India located in Mumbai or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code SBIN0061341. You should definitely 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, Sarg, Commercial-Iii Mumbai, Mumbai

Here are the main details that are associated with the IFSC Code SBIN0061341 of State Bank Of India for its branch located in Mumbai, within the district of Mumbai in the state of Maharashtra.

Particulars Details
Bank State Bank Of India
IFSC Code SBIN0061341
Branch Sarg, Commercial-Iii Mumbai
City Mumbai
District Mumbai
State Maharashtra
Address 112-115 Ist Floor, Plot No-212 West Wing,Tulsiani Chambers,Free Press Journal Marg, Nariman Point, Mumbai Pin-400021

These details are important not only for users using online banking but also for businesses and individuals who use State Bank Of India in Mumbai for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code SBIN0061341 for the Sarg, Commercial-Iii Mumbai 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 Sarg, Commercial-Iii Mumbai, Mumbai, Maharashtra, are allotted a unique IFSC like SBIN0061341 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Mumbai.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents confusion between different branches of the same bank in places like Mumbai and Mumbai.
  • 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 Sarg, Commercial-Iii Mumbai reaches the right place, even though there are thousands of branches in Maharashtra and across India.

Format of the IFSC Code SBIN0061341

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 Sarg, Commercial-Iii Mumbai in Mumbai.

For example, the IFSC Code SBIN0061341 of State Bank Of India for the Sarg, Commercial-Iii Mumbai branch includes these elements, identifying the bank and the branch location in Mumbai and Maharashtra correctly.

How to Find IFSC Code for State Bank Of India?

If you are trying to find the IFSC Code SBIN0061341 of State Bank Of India for its Sarg, Commercial-Iii Mumbai branch located in Mumbai, 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 Mumbai and Mumbai, 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 Sarg, Commercial-Iii Mumbai or Mumbai to get the exact IFSC Code SBIN0061341.

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 Mumbai, you'll get the correct details.

How to Use IFSC Code SBIN0061341 for Online Transfers?

Once you have the IFSC Code SBIN0061341 for the Sarg, Commercial-Iii Mumbai branch of State Bank Of India in Mumbai, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code SBIN0061341. Transfers are processed in batches. Suitable for personal and business payments.

RTGS

Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.

IMPS

Instant 24×7 transfers. You need the recipient's account details and State Bank Of India IFSC Code SBIN0061341.

Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for State Bank Of India Sarg, Commercial-Iii Mumbai in Mumbai, it can 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 Sarg, Commercial-Iii Mumbai, 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 Mumbai manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

What is the IFSC Code of State Bank Of India Sarg, Commercial-Iii Mumbai Mumbai?

The IFSC Code of the Sarg, Commercial-Iii Mumbai Mumbai branch is SBIN0061341.

Is IFSC Code SBIN0061341 permanent?

Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.

Is IFSC the same as MICR?

No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.

Where can I find the IFSC Code of my bank branch?

You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.

What is the address of the State Bank Of India Sarg, Commercial-Iii Mumbai branch?

The branch is located at 112-115 Ist Floor, Plot No-212 West Wing,Tulsiani Chambers,Free Press Journal Marg, Nariman Point, Mumbai Pin-400021.

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.

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