For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of State Bank Of India for its Thane(Goa) branch in North Goa, North Goa, Goa, this comprehensive guide will provide you with detailed information.
The banking system in India has changed significantly over the years, and today customers of State Bank Of India located in North Goa or anywhere in Goa can transfer funds instantly by using the correct IFSC Code SBIN0006440. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for State Bank Of India, Thane(Goa), North Goa
Here are the key points that are associated with the IFSC Code SBIN0006440 of State Bank Of India for its branch located in North Goa, within the district of North Goa in the state of Goa.
| Particulars | Details |
|---|---|
| Bank | State Bank Of India |
| IFSC Code | SBIN0006440 |
| Branch | Thane(Goa) |
| City | North Goa |
| District | North Goa |
| State | Goa |
| Address | North Goa State Goa Pin 403506 |
These details are important not only for users using online banking but also for businesses and individuals who use State Bank Of India in North Goa for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code SBIN0006440 for the Thane(Goa) 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 that is provided by the Reserve Bank of India. A unique IFSC like SBIN0006440 is given to every bank branch, including State Bank Of India located in Thane(Goa), North Goa, Goa, 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 North Goa.
- 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 North Goa and North Goa.
- 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 Goa and the rest of India, which is why the IFSC Code ensures that transactions meant for State Bank Of India in Thane(Goa) doesn't end up at another location.
Format of the IFSC Code SBIN0006440
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 Thane(Goa) in North Goa.
For example, the IFSC Code SBIN0006440 of State Bank Of India for the Thane(Goa) branch includes these elements, identifying the bank and the branch location in North Goa and Goa accurately.
How to Find IFSC Code for State Bank Of India?
If you are looking for the IFSC Code SBIN0006440 of State Bank Of India for its Thane(Goa) branch located in North Goa, 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 North Goa and North Goa, 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 Thane(Goa) or North Goa to get the exact IFSC Code SBIN0006440.
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 North Goa, then it will provide you proper information.
How to Use IFSC Code SBIN0006440 for Online Transfers?
Once you have the IFSC Code SBIN0006440 for the Thane(Goa) branch of State Bank Of India in North Goa, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code SBIN0006440. 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 SBIN0006440.
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 Thane(Goa) in North Goa, 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 Thane(Goa), 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 North Goa manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is SBIN0006440.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is North Goa State Goa Pin 403506 located in North Goa, North Goa, Goa.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.