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 Rani Tower Branch, Rajkot branch in Rajkot, Rajkot, Gujarat, 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 Rajkot or anywhere in Gujarat can transfer funds instantly by using the correct IFSC Code SBIN0060471. 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, Rani Tower Branch, Rajkot, Rajkot
The table below shows the main details of the IFSC Code SBIN0060471 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 | SBIN0060471 |
| Branch | Rani Tower Branch, Rajkot |
| City | Rajkot |
| District | Rajkot |
| State | Gujarat |
| Address | Rani Tower,1St Floor,Near Nyari Filter Pump,Kalavad Road,Rajkot360005 |
These details helps users in online banking and for businesses and individuals who use State Bank Of India in Rajkot for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0060471 for the Rani Tower Branch, Rajkot 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, an 11-character alphanumeric code that is provided by the Reserve Bank of India. A unique IFSC like SBIN0060471 is given to every bank branch, including State Bank Of India located in Rani Tower Branch, Rajkot, Rajkot, Gujarat, 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 Rajkot.
- 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 Rajkot and Rajkot.
- 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 Gujarat and the rest of India, which is why the IFSC Code ensures that transactions meant for State Bank Of India in Rani Tower Branch, Rajkot doesn't end up at another location.
Format of the IFSC Code SBIN0060471
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 Rani Tower Branch, Rajkot in Rajkot.
For example, the IFSC Code SBIN0060471 of State Bank Of India for the Rani Tower Branch, Rajkot branch includes these elements, identifying the bank and the branch location in Rajkot and Gujarat accurately.
How to Find IFSC Code for State Bank Of India?
If you are trying to find the IFSC Code SBIN0060471 of State Bank Of India for its Rani Tower Branch, Rajkot branch located in Rajkot, 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 Rajkot and Rajkot, 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 Rani Tower Branch, Rajkot or Rajkot to get the exact IFSC Code SBIN0060471.
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 Rajkot, you'll get the correct details.
How to Use IFSC Code SBIN0060471 for Online Transfers?
Once you have the IFSC Code SBIN0060471 for the Rani Tower Branch, Rajkot branch of State Bank Of India in Rajkot, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code SBIN0060471. The transfer is completed in batches. It is useful for both personal and business payments.
RTGS
Used for payments over ₹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 SBIN0060471.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the State Bank Of India Rani Tower Branch, Rajkot in Rajkot, your payment can get delayed or might not go through at all.
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 Rani Tower Branch, Rajkot, 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 Rajkot to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code of the Rani Tower Branch, Rajkot Rajkot branch is SBIN0060471.
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 Rani Tower,1St Floor,Near Nyari Filter Pump,Kalavad Road,Rajkot360005.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.