IFSC Code of State Bank Of India, Roha, Roha, Maharashtra — SBIN0000521

Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of State Bank Of India for its Roha branch in Raigad, Roha, Maharashtra, then this guide will give you detailed information.

The banking system has evolved significantly in India, and today the customers of State Bank Of India located in Raigad or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code SBIN0000521. You should definitely 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, Roha, Raigad

Here are the main details that are associated with the IFSC Code SBIN0000521 of State Bank Of India for its branch located in Raigad, within the district of Roha in the state of Maharashtra.

These details are important not only for users using online banking but also for businesses and individuals who use State Bank Of India in Raigad for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code SBIN0000521 for the Roha 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 SBIN0000521 is given to every bank branch, including State Bank Of India located in Roha, Raigad, 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 Raigad.
• 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 Raigad and Roha.
• 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 Roha doesn't end up at another location.

Format of the IFSC Code SBIN0000521

The format of the IFSC Code for banks, including State Bank Of India, follows 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 Roha in Raigad.

For example, the IFSC Code SBIN0000521 of State Bank Of India for the Roha branch includes these elements, identifying the bank and the branch location in Raigad and Maharashtra accurately.

How to Find IFSC Code for State Bank Of India?

If you are trying to find the IFSC Code SBIN0000521 of State Bank Of India for its Roha branch located in Raigad, 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 Raigad and Roha, 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 Roha or Raigad to get the exact IFSC Code SBIN0000521.

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 Raigad, you'll get the correct details.

How to Use IFSC Code SBIN0000521 for Online Transfers?

If you have the IFSC Code SBIN0000521 for the Roha branch of State Bank Of India in Raigad, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code SBIN0000521. 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 SBIN0000521.

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 Roha in Raigad, 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 Roha, here are some ways to obtain 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.

Having both the IFSC and MICR codes makes it easy for account holders in Raigad to handle online money transfers and get their cheques cleared smoothly.