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. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of State Bank Of India for its Fimm Racc Satitara branch in Satitara, Satitara, or West Bengal, this guide will help you with all the details.

There have been major changes in the banking sector in India and today, the customers of State Bank Of India located in Satitara or anywhere in West Bengal can transfer funds instantly by using the correct IFSC Code SBIN0062978. 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, Fimm Racc Satitara, Satitara

Here are some of the key details that come with the IFSC Code SBIN0062978 of State Bank Of India for its branch located in Satitara, within the district of Satitara in the state of West Bengal.

Particulars Details
Bank State Bank Of India
IFSC Code SBIN0062978
Branch Fimm Racc Satitara
City Satitara
District Satitara
State West Bengal
Address Vill Gram Salika, Po-Gram Salika, Dist Murshidabad, West Bengal-742186

These details are crucial, not just for online banking users but also for businesses and individuals who use State Bank Of India in Satitara for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0062978 for the Fimm Racc Satitara 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 Fimm Racc Satitara, Satitara, West Bengal, is provided a unique IFSC like SBIN0062978 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 Satitara.
  • 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 Satitara and Satitara.
  • 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 West Bengal and the rest of India, the IFSC Code ensures that transactions meant for State Bank Of India in Fimm Racc Satitara do not get misguided to another person.

Format of the IFSC Code SBIN0062978

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 Fimm Racc Satitara in Satitara.

For example, the IFSC Code SBIN0062978 of State Bank Of India for the Fimm Racc Satitara branch includes these elements, identifying the bank and the branch location in Satitara and West Bengal accurately.

How to Find IFSC Code for State Bank Of India?

If you are looking for the IFSC Code SBIN0062978 of State Bank Of India for its Fimm Racc Satitara branch located in Satitara, 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 Satitara and Satitara, 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 Fimm Racc Satitara or Satitara to get the exact IFSC Code SBIN0062978.

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 Satitara, then it will provide you proper information.

How to Use IFSC Code SBIN0062978 for Online Transfers?

Once you have the IFSC Code SBIN0062978 for the Fimm Racc Satitara branch of State Bank Of India in Satitara, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code SBIN0062978. 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 SBIN0062978.

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 Fimm Racc Satitara in Satitara, 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 Fimm Racc Satitara, 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 Satitara manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of State Bank Of India Fimm Racc Satitara Satitara?

The IFSC Code of the Fimm Racc Satitara Satitara branch is SBIN0062978.

Is IFSC Code SBIN0062978 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 Fimm Racc Satitara branch?

The branch is located at Vill Gram Salika, Po-Gram Salika, Dist Murshidabad, West Bengal-742186.

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.