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 Tankara branch in Rajkot, Tankara, Gujarat, 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 Rajkot or anywhere in Gujarat can transfer funds instantly by using the correct IFSC Code SBIN0060085. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for State Bank Of India, Tankara, Rajkot

Here are some of the key details that come with the IFSC Code SBIN0060085 of State Bank Of India for its branch located in Rajkot, within the district of Tankara in the state of Gujarat.

Particulars Details
Bank State Bank Of India
IFSC Code SBIN0060085
Branch Tankara
City Rajkot
District Tankara
State Gujarat
Address Laxminarayan Street,Taluka Morvi Dist Rajkot,Tankara 363650

These details are crucial, not just for online banking users but also for businesses and individuals who use State Bank Of India in Rajkot for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0060085 for the Tankara branch of State Bank Of India has an important 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 Tankara, Rajkot, Gujarat, is provided a unique IFSC like SBIN0060085 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 Rajkot.
  • 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 Rajkot and Tankara.
  • 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 Gujarat and the rest of India, the IFSC Code ensures that transactions meant for State Bank Of India in Tankara do not get misguided to another person.

Format of the IFSC Code SBIN0060085

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 Tankara in Rajkot.

For example, the IFSC Code SBIN0060085 of State Bank Of India for the Tankara 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?

If you are looking for the IFSC Code SBIN0060085 of State Bank Of India for its Tankara branch located in Rajkot, 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 Rajkot and Tankara, 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 Tankara or Rajkot to get the exact IFSC Code SBIN0060085.

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 Rajkot, then it will provide you proper information.

How to Use IFSC Code SBIN0060085 for Online Transfers?

Once you have the IFSC Code SBIN0060085 for the Tankara 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 SBIN0060085. 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 SBIN0060085.

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 Tankara 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 Tankara, 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)

What is the IFSC Code of State Bank Of India in Tankara, Rajkot?

The IFSC Code is SBIN0060085.

Is the IFSC Code SBIN0060085 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

Where can I find the IFSC Code of State Bank Of India Tankara?

You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Tankara branch?

The address of the branch is Laxminarayan Street,Taluka Morvi Dist Rajkot,Tankara 363650 located in Rajkot, Tankara, Gujarat.

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.