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 Rajkot, Gundawadi branch in Rajkot, Rajkot, Gujarat, 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 Rajkot or anywhere in Gujarat can easily transfer funds instantly by using the correct IFSC Code SBIN0060069. 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, Rajkot, Gundawadi, Rajkot
The table below shows the main details of the IFSC Code SBIN0060069 for the State Bank Of India branch in Rajkot, which falls under the Rajkot district in Gujarat.
| Particulars | Details |
|---|---|
| Bank | State Bank Of India |
| IFSC Code | SBIN0060069 |
| Branch | Rajkot, Gundawadi |
| City | Rajkot |
| District | Rajkot |
| State | Gujarat |
| Address | Gundawadi,Laxmiwadi,Main Road,Rajkot 360002 |
These details are important not only for users using online banking but also for businesses and individuals who use State Bank Of India in Rajkot for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code SBIN0060069 for the Rajkot, Gundawadi 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 provided by the Reserve Bank of India. Every bank branch, along with State Bank Of India located in Rajkot, Gundawadi, Rajkot, Gujarat, are allotted a unique IFSC like SBIN0060069 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Rajkot.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Rajkot and Rajkot.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It makes sure that money sent to State Bank Of India in Rajkot, Gundawadi reaches the right place, even though there are thousands of branches in Gujarat and across India.
Format of the IFSC Code SBIN0060069
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): These represent the bank code. In State Bank Of India, they are a short identifier for the bank.
- 5th character (0): This is always zero and is reserved for future use.
- Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Rajkot, Gundawadi in Rajkot.
For example, the IFSC Code SBIN0060069 of State Bank Of India for the Rajkot, Gundawadi branch has these elements, identifying the bank and the branch location in Rajkot and Gujarat correctly.
How to Find IFSC Code for State Bank Of India?
To find the IFSC Code SBIN0060069 of State Bank Of India for its Rajkot, Gundawadi branch located in Rajkot, the following methods can help you out:
Cheque Book
The cheque book issued by State Bank Of India includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.
Passbook
Most banks, including State Bank Of India branches in Rajkot and Rajkot, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of State Bank Of India and go to the branch locator section. Then search for Rajkot, Gundawadi or Rajkot to find the exact IFSC Code SBIN0060069.
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 maintains an updated database of all IFSC codes. Searching for State Bank Of India and Rajkot will provide accurate information.
How to Use IFSC Code SBIN0060069 for Online Transfers?
Once you have the IFSC Code SBIN0060069 for the Rajkot, Gundawadi branch of State Bank Of India in Rajkot, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code SBIN0060069. 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 SBIN0060069.
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 Rajkot, Gundawadi in Rajkot, it can result in delayed or failed transactions.
Finding the MICR Code
MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of State Bank Of India in Rajkot, Gundawadi, you can find it by any of the following ways:
- Check the bottom of your cheque leaf.
- Go to the first page of your passbook.
- Visit the official State Bank Of India website.
- Search the RBI portal.
Having both IFSC and MICR codes helps account holders in Rajkot manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code of the Rajkot, Gundawadi Rajkot branch is SBIN0060069.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at Gundawadi,Laxmiwadi,Main Road,Rajkot 360002.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.