IFSC Code SBIN0006942 - State Bank of India-SECTOR 10, BHILAI-Bhilai

Detail Information
IFSC Code SBIN0006942
Bank Name State Bank of India
Address MARKET AREA, SECTOR-10,BHILAI, DURG, PIN - 490001
District Durg
State Chhattisgarh
Branch Sector 10, bhilai
Contact
Centre Available
IMPS Available
UPI Available
MICR 490002007
RTGS 1
NEFT Not Available
ISO3166 IN-CT
Bankcode SBIN

Overview of SBIN0006942

The IFSC code SBIN0006942 is associated with the Bhilai SECTOR 10, BHILAI Branch of State Bank of India. Located in the bustling city of Bhilai, CHHATTISGARH, this branch is one of the many State Bank of India branches that cater to the banking needs of the local residents. The code "SBIN" in SBIN0006942 represents State Bank of India Bank, while 0006942 signifies the unique branch code for SECTOR 10, BHILAI.

Significance of IFSC Code for Banking Transactions

The importance of the IFSC code, like SBIN0006942, for the SECTOR 10, BHILAI Branch, cannot be overstated. It acts as an address that identifies both the State Bank of India and its specific branch in Bhilai. This ensures that when you're transferring money or setting up a beneficiary for future transactions, your funds are directed to the correct bank branch. Without the IFSC code, the chances of errors in electronic fund transfers would be significantly higher, leading to potential financial losses and administrative hassles.

Deep Dive into SBIN0006942

The IFSC code SBIN0006942 is not just a random combination of letters and numbers. It holds significance in the banking world, especially for those who bank with State Bank of India in Bhilai. Let's break down the details:

  • IFSC Code (SBIN0006942): This unique code is essential for electronic fund transfers. The first four characters "SBIN" represent the bank's name, State Bank of India. The last six characters "0006942" are a unique identifier for the SECTOR 10, BHILAI branch.
  • Bank Name (State Bank of India): One of [country]'s leading banks, State Bank of India offers a wide range of banking products and financial services to its vast customer base.
  • Address (MARKET AREA, SECTOR-10,BHILAI, DURG, PIN - 490001): This specific address pinpoints the exact location of the branch, ensuring that customers can easily find it for their banking needs.
  • City & State (Bhilai, CHHATTISGARH): The branch is situated in the heart of Bhilai, the capital city of CHHATTISGARH. A city known for its [CITY_FEATURES].
  • Branch (SECTOR 10, BHILAI): The [AREA_NAME] area in Bhilai is a hub of activity, and the State Bank of India branch here caters to both individual and business banking needs.
  • Phone Number (): A direct line to the branch, this number ensures that customers can reach out for any queries, concerns, or banking assistance.

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