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 Rtc Dept, Belapur branch in Raigad, Mumbai, Maharashtra, 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 Raigad or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code SBIN0007664. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for State Bank Of India, Rtc Dept, Belapur, Raigad

Here are some of the key details that come with the IFSC Code SBIN0007664 of State Bank Of India for its branch located in Raigad, within the district of Mumbai in the state of Maharashtra.

Particulars Details
Bank State Bank Of India
IFSC Code SBIN0007664
Branch Rtc Dept, Belapur
City Raigad
District Mumbai
State Maharashtra
Address Sbgitc,Sector 11,Cbd Belpaur Nav Imumbai

These details helps users in online banking and for businesses and individuals who use State Bank Of India in Raigad for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0007664 for the Rtc Dept, Belapur branch of State Bank Of India plays a vital 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 Rtc Dept, Belapur, Raigad, Maharashtra, is provided a unique IFSC like SBIN0007664 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 Raigad.
  • 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 Raigad and Mumbai.
  • 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 Maharashtra and the rest of India, the IFSC Code ensures that transactions meant for State Bank Of India in Rtc Dept, Belapur do not get misguided to another person.

Format of the IFSC Code SBIN0007664

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 Rtc Dept, Belapur in Raigad.

For example, the IFSC Code SBIN0007664 of State Bank Of India for the Rtc Dept, Belapur branch includes these elements, identifying the bank and the branch location in Raigad and Maharashtra correctly.

How to Find IFSC Code for State Bank Of India?

If you are trying to find the IFSC Code SBIN0007664 of State Bank Of India for its Rtc Dept, Belapur 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 Mumbai, 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 Rtc Dept, Belapur or Raigad to get the exact IFSC Code SBIN0007664.

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 SBIN0007664 for Online Transfers?

Once you have the IFSC Code SBIN0007664 for the Rtc Dept, Belapur branch of State Bank Of India in Raigad, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code SBIN0007664. 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 SBIN0007664.

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 Rtc Dept, Belapur in Raigad 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 Rtc Dept, Belapur, 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 Raigad manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of State Bank Of India Rtc Dept, Belapur Raigad?

The IFSC Code of the Rtc Dept, Belapur Raigad branch is SBIN0007664.

Is IFSC Code SBIN0007664 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 Rtc Dept, Belapur branch?

The branch is located at Sbgitc,Sector 11,Cbd Belpaur Nav Imumbai.

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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