The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of State Bank Of India for its Bhayander East branch in Thane, Bhayander East, Maharashtra, this complete guide will provide you with detailed information.

The banking system in India has changed over the years, and today customers of State Bank Of India located in Thane or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code SBIN0015740. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for State Bank Of India, Bhayander East, Thane

Here are the main details that are associated with the IFSC Code SBIN0015740 of State Bank Of India for its branch located in Thane, within the district of Bhayander East in the state of Maharashtra.

Particulars Details
Bank State Bank Of India
IFSC Code SBIN0015740
Branch Bhayander East
City Thane
District Bhayander East
State Maharashtra
Address Shop No 7 8, Salasar Commercial Centre,Nearv Relience Energy, Mira Bhayander Fhatak Road,Bhayander East Dist Thane Pin Code 40105

These details help users in online banking and for businesses and individuals who use State Bank Of India in Thane for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0015740 for the Bhayander East branch of State Bank Of India has a very important role.

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, including State Bank Of India located in Bhayander East, Thane, Maharashtra, is provided with a unique IFSC like SBIN0015740 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It uniquely identifies the State Bank Of India branch in Thane.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any errors or confusions between multiple branches of the same bank across different places like Thane and Bhayander East.
  • It reduces errors in fund transfers and improves accuracy.
  • It allows sender banks to validate and confirm branch details before processing payments.

There are thousands of branches across Maharashtra and the rest of India and the IFSC Code ensures that transactions meant for State Bank Of India in Bhayander East do not get mixed with another location.

Format of the IFSC Code SBIN0015740

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 Bhayander East in Thane.

For example, the IFSC Code SBIN0015740 of State Bank Of India for the Bhayander East branch includes these elements, identifying the bank and the branch location in Thane and Maharashtra accurately.

How to Find IFSC Code for State Bank Of India?

If you are trying to find the IFSC Code SBIN0015740 of State Bank Of India for its Bhayander East branch located in Thane, 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 Thane and Bhayander East, 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 Bhayander East or Thane to get the exact IFSC Code SBIN0015740.

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 Thane, you'll get the correct details.

How to Use IFSC Code SBIN0015740 for Online Transfers?

If you have the IFSC Code SBIN0015740 for the Bhayander East branch of State Bank Of India in Thane, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code SBIN0015740. Transfers are processed in batches. 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. Asks for the recipient's account details and State Bank Of India IFSC Code SBIN0015740.

Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for State Bank Of India Bhayander East in Thane, it 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 Bhayander East, 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 Thane manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of State Bank Of India Bhayander East Thane?

The IFSC Code of the Bhayander East Thane branch is SBIN0015740.

Is IFSC Code SBIN0015740 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 Bhayander East branch?

The branch is located at Shop No 7 8, Salasar Commercial Centre,Nearv Relience Energy, Mira Bhayander Fhatak Road,Bhayander East Dist Thane Pin Code 40105.

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.