IFSC Code of State Bank Of India, Racpc Theni, Theni, Tamil Nadu- SBIN0064103

There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of State Bank Of India for its Racpc Theni branch in Theni, Theni, Tamil Nadu, then this comprehensive guide will provide you with detailed information.

The banking system in India has changed over time, and today the customers of State Bank Of India situated in Theni or anywhere in Tamil Nadu can easily transfer funds instantly by using the correct IFSC Code SBIN0064103. You should 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, Racpc Theni, Theni

Here are the main details that are associated with the IFSC Code SBIN0064103 of State Bank Of India for its branch located in Theni, within the district of Theni in the state of Tamil Nadu.

These details are crucial, not just for online banking users but also for businesses and individuals who use State Bank Of India in Theni for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0064103 for the Racpc Theni 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, an 11-character alphanumeric code that is provided by the Reserve Bank of India. A unique IFSC like SBIN0064103 is given to every bank branch, including State Bank Of India located in Racpc Theni, Theni, Tamil Nadu, to make sure that online payments reach the right place.

The IFSC Code is important because:

• It uniquely identifies the State Bank Of India branch in Theni.
• It helps NEFT, RTGS, and IMPS systems route the transfer securely.
• It avoids any kind of confusion between multiple branches of the same bank across different places like Theni and Theni.
• It removes errors in fund transfers and improves accuracy.
• It lets the sender banks validate and confirm branch details before they process the payments.

There are thousands of branches across Tamil Nadu and the rest of India, which is why the IFSC Code ensures that transactions meant for State Bank Of India in Racpc Theni doesn't end up at another location.

Format of the IFSC Code SBIN0064103

The format of the IFSC Code for banks, including State Bank Of India, has 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 Racpc Theni in Theni.

For example, the IFSC Code SBIN0064103 of State Bank Of India for the Racpc Theni branch includes these elements, identifying the bank and the branch location in Theni and Tamil Nadu correctly.

How to Find IFSC Code for State Bank Of India?

To find the IFSC Code SBIN0064103 of State Bank Of India for its Racpc Theni branch located in Theni, 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 Theni and Theni, 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 Racpc Theni or Theni to find the exact IFSC Code SBIN0064103.

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 Theni will provide accurate information.

How to Use IFSC Code SBIN0064103 for Online Transfers?

Once you have the IFSC Code SBIN0064103 for the Racpc Theni branch of State Bank Of India in Theni, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code SBIN0064103. 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 SBIN0064103.

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 Racpc Theni in Theni, your payment can get delayed or might not go through at all.

Finding the MICR Code

MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of State Bank Of India in Racpc Theni, here are some of the ways 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.

Knowing both IFSC and MICR code can help account holders in Theni manage their online transfers and cheque clearances easily.