IFSC CODE DETAILS

STATE BANK OF INDIA

RACC BANSWARA Branch

SBIN0062405

Branch Information

IFSC Code SBIN0062405
Bank STATE BANK OF INDIA
Branch RACC BANSWARA
Address MOHAN COLONY BANSWARA, BANSWARA, DIST BANSWARA,STATE RAJASTHAN
City BANSWARA
District BANSWARA
State RAJASTHAN

Understanding IFSC Code SBIN0062405

SBIN
Bank Code
0
Reserved
062405
Branch Code
  • SBIN: identifies STATE BANK OF INDIA
  • 0: reserved digit (always 0 for future use)
  • 062405: identifies the RACC BANSWARA branch in BANSWARA, RAJASTHAN

Frequently Asked Questions: SBIN0062405

What is the IFSC code of STATE BANK OF INDIA RACC BANSWARA branch?

The IFSC code of STATE BANK OF INDIA RACC BANSWARA branch is SBIN0062405. This code is used for NEFT, RTGS, and IMPS fund transfers to this branch in BANSWARA, RAJASTHAN.

What does the IFSC code SBIN0062405 mean?

SBIN identifies STATE BANK OF INDIA, 0 is a reserved digit (always 0), and 062405 identifies the RACC BANSWARA branch. Together they form the 11-character IFSC code assigned by the Reserve Bank of India.

Where is STATE BANK OF INDIA RACC BANSWARA branch located?

STATE BANK OF INDIA RACC BANSWARA branch is located at MOHAN COLONY BANSWARA, BANSWARA, DIST BANSWARA,STATE RAJASTHAN.

Can I use SBIN0062405 for NEFT, RTGS, IMPS and UPI?

Yes, SBIN0062405 is valid for all electronic transfers: NEFT (24x7, batch settlement), RTGS (real-time, minimum Rs 2 lakh), IMPS (instant, 24x7, up to Rs 5 lakh), and UPI (IFSC is used internally for bank routing in all UPI transactions). Enter this code with the account number to transfer funds to STATE BANK OF INDIA RACC BANSWARA.

What is the MICR code for STATE BANK OF INDIA RACC BANSWARA branch?

MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque clearing and processing. Unlike the IFSC code used for online transfers, the MICR code is printed at the bottom of your cheque leaf using magnetic ink and is read by automated clearing machines.

Is the IFSC code SBIN0062405 still active?

Based on RBI records, SBIN0062405 is an active IFSC code assigned to STATE BANK OF INDIA RACC BANSWARA in BANSWARA, RAJASTHAN. If you receive a transaction failure citing this IFSC, contact STATE BANK OF INDIA directly or verify on the RBI website, as codes may be updated following bank mergers or branch relocations.

Verify Before You Transfer

Always confirm the IFSC code directly with STATE BANK OF INDIA or the RBI before initiating a high-value transfer.

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