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 Nmmc Navi Mumbai branch in Thane, New Bombay, or Maharashtra, 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 Thane or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code SBIN0041078. 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, Nmmc Navi Mumbai, Thane
Here are the main details that are associated with the IFSC Code SBIN0041078 of State Bank Of India for its branch located in Thane, within the district of New Bombay in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | State Bank Of India |
| IFSC Code | SBIN0041078 |
| Branch | Nmmc Navi Mumbai |
| City | Thane |
| District | New Bombay |
| State | Maharashtra |
| Address | Plot No 1 Nmmc Head Office Building Sector 15 A Cbd Belapur Navi Mumbai 400614 |
These details helps 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 SBIN0041078 for the Nmmc Navi Mumbai 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 provided by the Reserve Bank of India. Every bank branch, including State Bank Of India located in Nmmc Navi Mumbai, Thane, Maharashtra, is provided with a unique IFSC like SBIN0041078 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 New Bombay.
- 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 Nmmc Navi Mumbai do not get mixed with another location.
Format of the IFSC Code SBIN0041078
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 Nmmc Navi Mumbai in Thane.
For example, the IFSC Code SBIN0041078 of State Bank Of India for the Nmmc Navi Mumbai branch has these elements, identifying the bank and the branch location in Thane and Maharashtra correctly.
How to Find IFSC Code for State Bank Of India?
To find the IFSC Code SBIN0041078 of State Bank Of India for its Nmmc Navi Mumbai branch located in Thane, the following methods can help you out:
Cheque Book
The cheque book issued by State Bank Of India includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.
Passbook
Most banks, including State Bank Of India branches in Thane and New Bombay, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of State Bank Of India and go to the branch locator section. Then search for Nmmc Navi Mumbai or Thane to find the exact IFSC Code SBIN0041078.
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 maintains an updated database of all IFSC codes. Searching for State Bank Of India and Thane will provide accurate information.
How to Use IFSC Code SBIN0041078 for Online Transfers?
Once you have the IFSC Code SBIN0041078 for the Nmmc Navi Mumbai branch of State Bank Of India in Thane, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code SBIN0041078. 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 SBIN0041078.
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 Nmmc Navi Mumbai in Thane, 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 Nmmc Navi Mumbai, 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)
The IFSC Code is SBIN0041078.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Plot No 1 Nmmc Head Office Building Sector 15 A Cbd Belapur Navi Mumbai 400614 located in Thane, New Bombay, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.