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 Racc Kotwali Road Sikar branch in Sikar, Sikar, or Rajasthan, 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 Sikar or anywhere in Rajasthan can transfer funds instantly by using the correct IFSC Code SBIN0062389. 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, Racc Kotwali Road Sikar, Sikar
The table below shows the main details of the IFSC Code SBIN0062389 for the State Bank Of India branch in Sikar, which falls under the Sikar district in Rajasthan.
| Particulars | Details |
|---|---|
| Bank | State Bank Of India |
| IFSC Code | SBIN0062389 |
| Branch | Racc Kotwali Road Sikar |
| City | Sikar |
| District | Sikar |
| State | Rajasthan |
| Address | P.B.No.1, Sikar, Dist Sikar, State Rajasthan |
These details are essential not only for online banking users but also for businesses and individuals who use State Bank Of India in Sikar for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0062389 for the Racc Kotwali Road Sikar branch of State Bank Of India plays 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 Racc Kotwali Road Sikar, Sikar, Rajasthan, is provided a unique IFSC like SBIN0062389 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 Sikar.
- 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 Sikar and Sikar.
- 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 Rajasthan and the rest of India, the IFSC Code ensures that transactions meant for State Bank Of India in Racc Kotwali Road Sikar do not get misguided to another person.
Format of the IFSC Code SBIN0062389
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 Racc Kotwali Road Sikar in Sikar.
For example, the IFSC Code SBIN0062389 of State Bank Of India for the Racc Kotwali Road Sikar branch includes these elements, identifying the bank and the branch location in Sikar and Rajasthan accurately.
How to Find IFSC Code for State Bank Of India?
If you are looking for the IFSC Code SBIN0062389 of State Bank Of India for its Racc Kotwali Road Sikar branch located in Sikar, 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 Sikar and Sikar, 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 Racc Kotwali Road Sikar or Sikar to get the exact IFSC Code SBIN0062389.
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 Sikar, then it will provide you proper information.
How to Use IFSC Code SBIN0062389 for Online Transfers?
Once you have the IFSC Code SBIN0062389 for the Racc Kotwali Road Sikar branch of State Bank Of India in Sikar, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code SBIN0062389. 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 SBIN0062389.
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 Racc Kotwali Road Sikar in Sikar 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 Racc Kotwali Road Sikar, 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 Sikar manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is SBIN0062389.
Yes, but there can be changes during mergers or restructuring.
No, MICR is for cheque clearing and the IFSC is for online transfers.
You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is P.B.No.1, Sikar, Dist Sikar, State Rajasthan located in Sikar, Sikar, Rajasthan.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.
