The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of State Bank Of India for its Racc Williamnagar branch in William Nagar, William Nagar, Meghalaya, this complete guide will provide you with detailed information.
The banking system in India has changed over the years, and today customers of State Bank Of India located in William Nagar or anywhere in Meghalaya can transfer funds instantly by using the correct IFSC Code SBIN0063273. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for State Bank Of India, Racc Williamnagar, William Nagar
Below in the table are the key details related to IFSC Code SBIN0063273 of State Bank Of India for its branch located in William Nagar, within the district of William Nagar in the state of Meghalaya.
| Particulars | Details |
|---|---|
| Bank | State Bank Of India |
| IFSC Code | SBIN0063273 |
| Branch | Racc Williamnagar |
| City | William Nagar |
| District | William Nagar |
| State | Meghalaya |
| Address | Williamnagar East Garo Hills Meghalaya-794111 |
These details are important not only for users using online banking but also for businesses and individuals who use State Bank Of India in William Nagar for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code SBIN0063273 for the Racc Williamnagar branch of State Bank Of India is vital.
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 Racc Williamnagar, William Nagar, Meghalaya, are given a unique IFSC like SBIN0063273 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in William Nagar.
- 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 William Nagar and William Nagar.
- 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 Racc Williamnagar goes to the correct branch. This is important because State Bank Of India has thousands of branches in Meghalaya and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code SBIN0063273
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 Racc Williamnagar in William Nagar.
For example, the IFSC Code SBIN0063273 of State Bank Of India for the Racc Williamnagar branch includes these elements, identifying the bank and the branch location in William Nagar and Meghalaya accurately.
How to Find IFSC Code for State Bank Of India?
If you are trying to find the IFSC Code SBIN0063273 of State Bank Of India for its Racc Williamnagar branch located in William Nagar, 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 William Nagar and William Nagar, 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 Racc Williamnagar or William Nagar to get the exact IFSC Code SBIN0063273.
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 William Nagar that will provide accurate information.
How to Use IFSC Code SBIN0063273 for Online Transfers?
Once you have the IFSC Code SBIN0063273 for the Racc Williamnagar branch of State Bank Of India in William Nagar, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code SBIN0063273. 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 SBIN0063273.
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 Racc Williamnagar in William Nagar, your payment can get delayed or might not go through at all.
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 Racc Williamnagar, 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 William Nagar manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is SBIN0063273.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is Williamnagar East Garo Hills Meghalaya-794111 located in William Nagar, William Nagar, Meghalaya.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.