IFSC Code SBIN0014697 - State Bank of India-STRESSED ASSETS RECOVERY BRANCH BHILAI-Bhilai

Detail Information
IFSC Code SBIN0014697
Bank Name State Bank of India
Address BHILAI,STATE BANK CAMPUS,SECTOR 1 BHILAI,CHHATISHGARH,DIST DURG 490001
District Durg
State Chhattisgarh
Branch Stressed assets recovery branch bhilai
Contact
Centre Available
IMPS Available
UPI Available
MICR
RTGS 0
NEFT Not Available
ISO3166 IN-CT
Bankcode SBIN

Overview of SBIN0014697

The IFSC code SBIN0014697 is associated with the Bhilai STRESSED ASSETS RECOVERY BRANCH 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 SBIN0014697 represents State Bank of India Bank, while 0014697 signifies the unique branch code for STRESSED ASSETS RECOVERY BRANCH BHILAI.

Significance of IFSC Code for Banking Transactions

The importance of the IFSC code, like SBIN0014697, for the STRESSED ASSETS RECOVERY BRANCH 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 SBIN0014697

The IFSC code SBIN0014697 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 (SBIN0014697): 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 "0014697" are a unique identifier for the STRESSED ASSETS RECOVERY BRANCH 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 (BHILAI,STATE BANK CAMPUS,SECTOR 1 BHILAI,CHHATISHGARH,DIST DURG 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 (STRESSED ASSETS RECOVERY BRANCH 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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