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 Sbiintouch Marine Drive branch in Mumbai, Mumbai, Maharashtra, 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 Mumbai or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code SBIN0019255. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for State Bank Of India, Sbiintouch Marine Drive, Mumbai

Below in the table are the key details related to IFSC Code SBIN0019255 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 SBIN0019255
Branch Sbiintouch Marine Drive
City Mumbai
District Mumbai
State Maharashtra
Address Meghdoot C H S, Ground Floor, Netaji Subhash Marg, Marine Drive, Mumbai, Dist.Mumbai, Maharashtra-400002

These details help users in online banking and for businesses and individuals who use State Bank Of India in Mumbai for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0019255 for the Sbiintouch Marine Drive 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 that is provided by the Reserve Bank of India. A unique IFSC like SBIN0019255 is given to every bank branch, including State Bank Of India located in Sbiintouch Marine Drive, Mumbai, Maharashtra, to make sure that online payments reach the right place.

The IFSC Code is important because:

  • It uniquely identifies the State Bank Of India branch in Mumbai.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any kind of confusion between multiple branches of the same bank across different places like Mumbai and Mumbai.
  • It removes errors in fund transfers and improves accuracy.
  • It lets the sender banks validate and confirm branch details before they process the payments.

There are thousands of branches across Maharashtra and the rest of India, which is why the IFSC Code ensures that transactions meant for State Bank Of India in Sbiintouch Marine Drive doesn't end up at another location.

Format of the IFSC Code SBIN0019255

This is the format of the IFSC Code for banks, including State Bank Of India, follows an 11-character structure:

AAAA0CCCCCC

Here's the explanation:

  • First 4 characters (AAAA): This is the bank code. For State Bank Of India, these characters are the bank's short identifier.
  • 5th character (0): This stays zero till there is any future use.
  • Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Sbiintouch Marine Drive in Mumbai.

For example, the IFSC Code SBIN0019255 of State Bank Of India for the Sbiintouch Marine Drive branch includes these elements, identifying the bank and the branch location in Mumbai and Maharashtra accurately.

How to Find IFSC Code for State Bank Of India?

If you are trying to find the IFSC Code SBIN0019255 of State Bank Of India for its Sbiintouch Marine Drive 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

Most banks, including State Bank Of India branches in Mumbai and Mumbai, print the IFSC and MICR codes 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 Sbiintouch Marine Drive or Mumbai to get the exact IFSC Code SBIN0019255.

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 SBIN0019255 for Online Transfers?

Once you have the IFSC Code SBIN0019255 for the Sbiintouch Marine Drive branch of State Bank Of India in Mumbai, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code SBIN0019255. 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 SBIN0019255.

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 Sbiintouch Marine Drive in Mumbai 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 Sbiintouch Marine Drive, 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 Mumbai 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 Sbiintouch Marine Drive, Mumbai?

The IFSC Code is SBIN0019255.

Is the IFSC Code SBIN0019255 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

Where can I find the IFSC Code of State Bank Of India Sbiintouch Marine Drive?

You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Sbiintouch Marine Drive branch?

The address of the branch is Meghdoot C H S, Ground Floor, Netaji Subhash Marg, Marine Drive, Mumbai, Dist.Mumbai, Maharashtra-400002 located in Mumbai, Mumbai, Maharashtra.

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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