IFSC Code of State Bank Of India, Choksi Bazar, Padra, Padra, Gujarat — SBIN0060245

For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of State Bank Of India for its Choksi Bazar, Padra branch in Vadodara, Padra, Gujarat, this comprehensive guide will provide you with detailed information.

The banking system in India has changed significantly over the years, and today customers of State Bank Of India located in Vadodara or anywhere in Gujarat can transfer funds instantly by using the correct IFSC Code SBIN0060245. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for State Bank Of India, Choksi Bazar, Padra, Vadodara

Here are some of the key details that come with the IFSC Code SBIN0060245 of State Bank Of India for its branch located in Vadodara, within the district of Padra in the state of Gujarat.

These details help users in online banking and for businesses and individuals who use State Bank Of India in Vadodara for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0060245 for the Choksi Bazar, Padra 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, along with State Bank Of India located in Choksi Bazar, Padra, Vadodara, Gujarat, are allotted a unique IFSC like SBIN0060245 to ensure that online payments reach the right destination.

The IFSC Code is important because:

• It clearly tells which bank branch it is in Vadodara.
• It helps NEFT, RTGS, and IMPS systems route the transfer securely.
• It prevents confusion between different branches of the same bank in places like Vadodara and Padra.
• It reduces errors in fund transfers and improves accuracy.
• It helps the sender banks to validate and confirm branch details before processing payments.

It makes sure that money sent to State Bank Of India in Choksi Bazar, Padra reaches the right place, even though there are thousands of branches in Gujarat and across India.

Format of the IFSC Code SBIN0060245

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 Choksi Bazar, Padra in Vadodara.

For example, the IFSC Code SBIN0060245 of State Bank Of India for the Choksi Bazar, Padra branch includes these elements, identifying the bank and the branch location in Vadodara and Gujarat correctly.

How to Find IFSC Code for State Bank Of India?

If you are trying to find the IFSC Code SBIN0060245 of State Bank Of India for its Choksi Bazar, Padra branch located in Vadodara, 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 Vadodara and Padra, 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 Choksi Bazar, Padra or Vadodara to get the exact IFSC Code SBIN0060245.

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 Vadodara that will provide accurate information.

How to Use IFSC Code SBIN0060245 for Online Transfers?

Once you have the IFSC Code SBIN0060245 for the Choksi Bazar, Padra branch of State Bank Of India in Vadodara, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code SBIN0060245. 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 SBIN0060245.

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 Choksi Bazar, Padra in Vadodara may result in delayed or failed transactions.

Finding the MICR Code

MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of State Bank Of India in Choksi Bazar, Padra, you can find it by any of the following ways:

• Check the bottom of your cheque leaf.
• Go to the first page of your passbook.
• Visit the official State Bank Of India website.
• Search the RBI portal.

Having both IFSC and MICR codes helps account holders in Vadodara manage online transfers as well as cheque clearances with ease.