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 Taloda branch in Nandurbar, Talode, 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 Nandurbar or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code SBIN0010487. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for State Bank Of India, Taloda, Nandurbar

Here are the main details that are associated with the IFSC Code SBIN0010487 of State Bank Of India for its branch located in Nandurbar, within the district of Talode in the state of Maharashtra.

Particulars Details
Bank State Bank Of India
IFSC Code SBIN0010487
Branch Taloda
City Nandurbar
District Talode
State Maharashtra
Address Cts No 2175 House No 819 A By P Taloda Dist Nandurbar Maharashtra 425413

These details help users in online banking and for businesses and individuals who use State Bank Of India in Nandurbar for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0010487 for the Taloda 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 Taloda, Nandurbar, Maharashtra, are given a unique IFSC like SBIN0010487 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Nandurbar.
  • 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 Nandurbar and Talode.
  • 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 Taloda goes to the correct branch. This is important because State Bank Of India has thousands of branches in Maharashtra and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code SBIN0010487

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 Taloda in Nandurbar.

For example, the IFSC Code SBIN0010487 of State Bank Of India for the Taloda branch includes these elements, identifying the bank and the branch location in Nandurbar and Maharashtra accurately.

How to Find IFSC Code for State Bank Of India?

If you are looking for the IFSC Code SBIN0010487 of State Bank Of India for its Taloda branch located in Nandurbar, 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 Nandurbar and Talode, 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 Taloda or Nandurbar to get the exact IFSC Code SBIN0010487.

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 Nandurbar, then it will provide you proper information.

How to Use IFSC Code SBIN0010487 for Online Transfers?

Once you have the IFSC Code SBIN0010487 for the Taloda branch of State Bank Of India in Nandurbar, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code SBIN0010487. 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 SBIN0010487.

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 Taloda in Nandurbar, 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 Taloda, 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 Nandurbar manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

What is the IFSC Code of State Bank Of India in Taloda, Nandurbar?

The IFSC Code is SBIN0010487.

Is the IFSC Code SBIN0010487 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 Taloda?

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 Taloda branch?

The address of the branch is Cts No 2175 House No 819 A By P Taloda Dist Nandurbar Maharashtra 425413 located in Nandurbar, Talode, 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.