IFSC Code of State Bank Of India, Ghat Road Baidyanath Square, Nagpur, Maharashtra — SBIN0064499

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 Ghat Road Baidyanath Square branch in Nagpur, Nagpur, Maharashtra, 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 Nagpur or anywhere in Maharashtra can easily transfer funds instantly by using the correct IFSC Code SBIN0064499. 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, Ghat Road Baidyanath Square, Nagpur

Here are the main details that are associated with the IFSC Code SBIN0064499 of State Bank Of India for its branch located in Nagpur, within the district of Nagpur in the state of Maharashtra.

These details are crucial, not just for online banking users but also for businesses and individuals who use State Bank Of India in Nagpur for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0064499 for the Ghat Road Baidyanath Square 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, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including State Bank Of India located in Ghat Road Baidyanath Square, Nagpur, Maharashtra, is provided with a unique IFSC like SBIN0064499 to ensure that online payments reach the right destination.

The IFSC Code is important because:

• It uniquely identifies the State Bank Of India branch in Nagpur.
• It helps NEFT, RTGS, and IMPS systems route the transfer securely.
• It avoids any errors or confusions between multiple branches of the same bank across different places like Nagpur and Nagpur.
• It reduces errors in fund transfers and improves accuracy.
• It allows sender banks to validate and confirm branch details before processing payments.

There are thousands of branches across Maharashtra and the rest of India and the IFSC Code ensures that transactions meant for State Bank Of India in Ghat Road Baidyanath Square do not get mixed with another location.

Format of the IFSC Code SBIN0064499

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 Ghat Road Baidyanath Square in Nagpur.

For example, the IFSC Code SBIN0064499 of State Bank Of India for the Ghat Road Baidyanath Square branch includes these elements, identifying the bank and the branch location in Nagpur and Maharashtra correctly.

How to Find IFSC Code for State Bank Of India?

If you are looking for the IFSC Code SBIN0064499 of State Bank Of India for its Ghat Road Baidyanath Square branch located in Nagpur, 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 Nagpur and Nagpur, 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 Ghat Road Baidyanath Square or Nagpur to get the exact IFSC Code SBIN0064499.

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 Nagpur, then it will provide you proper information.

How to Use IFSC Code SBIN0064499 for Online Transfers?

Once you have the IFSC Code SBIN0064499 for the Ghat Road Baidyanath Square branch of State Bank Of India in Nagpur, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code SBIN0064499. 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 SBIN0064499.

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 Ghat Road Baidyanath Square in Nagpur may 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 Ghat Road Baidyanath Square, 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 Nagpur manage their online transfers and cheque clearances easily.