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 Sme, Vashi Turbhe branch in Vashi Turbhe, Vashi Turbhe, Maharashtra, 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 Vashi Turbhe or anywhere in Maharashtra can easily transfer funds instantly by using the correct IFSC Code SBIN0063846. 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, Sme, Vashi Turbhe, Vashi Turbhe

Below in the table are the key details related to IFSC Code SBIN0063846 of State Bank Of India for its branch located in Vashi Turbhe, within the district of Vashi Turbhe in the state of Maharashtra.

Particulars Details
Bank State Bank Of India
IFSC Code SBIN0063846
Branch Sme, Vashi Turbhe
City Vashi Turbhe
District Vashi Turbhe
State Maharashtra
Address Sme Branch,Vashi Turbhe,Devgiri Banking Complex,Phase Ii,Sector 19-C,Vashi Turbhe,Navi Mumbai-400703

These details are crucial, not just for online banking users but also for businesses and individuals who use State Bank Of India in Vashi Turbhe for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0063846 for the Sme, Vashi Turbhe 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 provided by the Reserve Bank of India. Every bank branch, along with State Bank Of India located in Sme, Vashi Turbhe, Vashi Turbhe, Maharashtra, are given a unique IFSC like SBIN0063846 to ensure that online payments reach the right destination.

The IFSC Code is important because:

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

It helps ensure that any money sent to State Bank Of India in Sme, Vashi Turbhe goes to the correct branch. This is important because State Bank Of India has thousands of branches in Maharashtra and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code SBIN0063846

The format of the IFSC Code for banks, including State Bank Of India, follows an 11-character structure:

AAAA0CCCCCC

Here's the breakdown of this:

  • First 4 characters (AAAA): Represent the bank code. For State Bank Of India, these characters are the bank's short identifier.
  • 5th character (0): Always zero which is reserved for future use.
  • Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Sme, Vashi Turbhe in Vashi Turbhe.

For example, the IFSC Code SBIN0063846 of State Bank Of India for the Sme, Vashi Turbhe branch includes these elements, identifying the bank and the branch location in Vashi Turbhe and Maharashtra accurately.

How to Find IFSC Code for State Bank Of India?

To find the IFSC Code SBIN0063846 of State Bank Of India for its Sme, Vashi Turbhe branch located in Vashi Turbhe, 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 Vashi Turbhe and Vashi Turbhe, 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 Sme, Vashi Turbhe or Vashi Turbhe to find the exact IFSC Code SBIN0063846.

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 Vashi Turbhe will provide accurate information.

How to Use IFSC Code SBIN0063846 for Online Transfers?

Once you have the IFSC Code SBIN0063846 for the Sme, Vashi Turbhe branch of State Bank Of India in Vashi Turbhe, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code SBIN0063846. The transfer is completed in batches instead of instantly. It is useful for both 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 SBIN0063846.

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 Sme, Vashi Turbhe in Vashi Turbhe, 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 Sme, Vashi Turbhe, 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 Vashi Turbhe manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

What is the IFSC Code of State Bank Of India in Sme, Vashi Turbhe, Vashi Turbhe?

The IFSC Code is SBIN0063846.

Is the IFSC Code SBIN0063846 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

Where can I find the IFSC Code of State Bank Of India Sme, Vashi Turbhe?

You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Sme, Vashi Turbhe branch?

The address of the branch is Sme Branch,Vashi Turbhe,Devgiri Banking Complex,Phase Ii,Sector 19-C,Vashi Turbhe,Navi Mumbai-400703 located in Vashi Turbhe, Vashi Turbhe, Maharashtra.

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.