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IFSC Code of State Bank Of India, R And Db Racc Nagapattinam, Nagapattinam, Tamil Nadu — SBIN0062471

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 Nagapattinam branch in Nagapattinam, Nagapattinam, 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 Nagapattinam or anywhere in Tamil Nadu can easily transfer funds instantly by using the correct IFSC Code SBIN0062471. 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 Nagapattinam, Nagapattinam

Here are the main details that are associated with the IFSC Code SBIN0062471 of State Bank Of India for its branch located in Nagapattinam, within the district of Nagapattinam in the state of Tamil Nadu.

Particulars Details
Bank State Bank Of India
IFSC Code SBIN0062471
Branch R And Db Racc Nagapattinam
City Nagapattinam
District Nagapattinam
State Tamil Nadu
Address No. 9 Neela South Street, Nagapattinam 611001

These details are crucial, not just for online banking users but also for businesses and individuals who use State Bank Of India in Nagapattinam for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0062471 for the R And Db Racc Nagapattinam branch of State Bank Of India has an important role.

What Is IFSC Code and Why Is It Important?

IFSC stands for Indian Financial System Code, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including State Bank Of India located in R And Db Racc Nagapattinam, Nagapattinam, Tamil Nadu, is provided a unique IFSC like SBIN0062471 so that their online payments reach the right place.

The IFSC Code is important because:

  • It uniquely recognizes the State Bank Of India branch in Nagapattinam.
  • Helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any confusions between multiple branches of the same bank across different places like Nagapattinam and Nagapattinam.
  • It reduces most of the errors in fund transfers and makes sure its accuracy.
  • It enables sender banks to validate and confirm branch details before processing payments.

For thousands of branches across Tamil Nadu and the rest of India, the IFSC Code ensures that transactions meant for State Bank Of India in R And Db Racc Nagapattinam do not get misguided to another person.

Format of the IFSC Code SBIN0062471

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 R And Db Racc Nagapattinam in Nagapattinam.

For example, the IFSC Code SBIN0062471 of State Bank Of India for the R And Db Racc Nagapattinam branch includes these elements, identifying the bank and the branch location in Nagapattinam and Tamil Nadu accurately.

How to Find IFSC Code for State Bank Of India?

If you are trying to find the IFSC Code SBIN0062471 of State Bank Of India for its R And Db Racc Nagapattinam branch located in Nagapattinam, 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 Nagapattinam and Nagapattinam, 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 R And Db Racc Nagapattinam or Nagapattinam to get the exact IFSC Code SBIN0062471.

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 Nagapattinam, you'll get the correct details.

How to Use IFSC Code SBIN0062471 for Online Transfers?

If you have the IFSC Code SBIN0062471 for the R And Db Racc Nagapattinam branch of State Bank Of India in Nagapattinam, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code SBIN0062471. Transfers are processed in batches. 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. Asks for the recipient's account details and State Bank Of India IFSC Code SBIN0062471.

Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for State Bank Of India R And Db Racc Nagapattinam in Nagapattinam, it may result in delayed or failed transactions.

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 R And Db Racc Nagapattinam, 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 Nagapattinam manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of State Bank Of India R And Db Racc Nagapattinam Nagapattinam?

The IFSC Code of the R And Db Racc Nagapattinam Nagapattinam branch is SBIN0062471.

Is IFSC Code SBIN0062471 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 R And Db Racc Nagapattinam branch?

The branch is located at No. 9 Neela South Street, Nagapattinam 611001.

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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