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 R And Db Racc Tuticorin branch in Tuticorin, Tuticorin, 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 Tuticorin or anywhere in Tamil Nadu can easily transfer funds instantly by using the correct IFSC Code SBIN0062483. 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, R And Db Racc Tuticorin, Tuticorin
The table below shows the main details of the IFSC Code SBIN0062483 for the State Bank Of India branch in Tuticorin, which falls under the Tuticorin district in Tamil Nadu.
| Particulars | Details |
|---|---|
| Bank | State Bank Of India |
| IFSC Code | SBIN0062483 |
| Branch | R And Db Racc Tuticorin |
| City | Tuticorin |
| District | Tuticorin |
| State | Tamil Nadu |
| Address | 306, Beach Road, , Tuticorin 628001 |
These details helps users in online banking and for businesses and individuals who use State Bank Of India in Tuticorin for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0062483 for the R And Db Racc Tuticorin 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, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including State Bank Of India located in R And Db Racc Tuticorin, Tuticorin, Tamil Nadu, is provided a unique IFSC like SBIN0062483 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 Tuticorin.
- 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 Tuticorin and Tuticorin.
- 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 Tamil Nadu and the rest of India, the IFSC Code ensures that transactions meant for State Bank Of India in R And Db Racc Tuticorin do not get misguided to another person.
Format of the IFSC Code SBIN0062483
This is the format of the IFSC Code for banks, including State Bank Of India, follows an 11-character structure:
AAAA0CCCCCC
Here's the explanation:
- First 4 characters (AAAA): This is the bank code. For State Bank Of India, these characters are the bank's short identifier.
- 5th character (0): This stays zero till there is any future use.
- Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as R And Db Racc Tuticorin in Tuticorin.
For example, the IFSC Code SBIN0062483 of State Bank Of India for the R And Db Racc Tuticorin branch includes these elements, identifying the bank and the branch location in Tuticorin and Tamil Nadu accurately.
How to Find IFSC Code for State Bank Of India?
If you are trying to find the IFSC Code SBIN0062483 of State Bank Of India for its R And Db Racc Tuticorin branch located in Tuticorin, the following methods can help:
Cheque Book
The cheque books that are issued by State Bank Of India include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.
Passbook
Most banks, including State Bank Of India branches in Tuticorin and Tuticorin, 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 find the branch locator section. Search for R And Db Racc Tuticorin or Tuticorin to get the exact IFSC Code SBIN0062483.
Mobile Banking App
If you use State Bank Of India's mobile app, you can easily 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 to help you in searching for State Bank Of India and Tuticorin that will provide accurate information.
How to Use IFSC Code SBIN0062483 for Online Transfers?
Once you have the IFSC Code SBIN0062483 for the R And Db Racc Tuticorin branch of State Bank Of India in Tuticorin, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code SBIN0062483. 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 SBIN0062483.
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 R And Db Racc Tuticorin in Tuticorin, it can 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 R And Db Racc Tuticorin, 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 Tuticorin manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is SBIN0062483.
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 306, Beach Road, , Tuticorin 628001 located in Tuticorin, Tuticorin, Tamil Nadu.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.