IFSC Code SBIN0061060 - State Bank of India-SPECIALISED PAYMENT BANK BRANCH-Mumbai

Detail Information
IFSC Code SBIN0061060
Bank Name State Bank of India
Address ADMINISTRATIVE OFFICE, WESTERN MUMBAI, MADHULI BUILDING, 1ST FLOOR, H-2,SHIVSAGAR ESTATE, DR A B ROAD, WORLI MUMBAI 400018
District Mumbai
State Maharashtra
Branch Specialised payment bank branch
Contact +918657440105
Centre Available
IMPS Available
UPI Available
MICR 400002554
RTGS 1
NEFT Not Available
ISO3166 IN-MH
Bankcode SBIN

Overview of SBIN0061060

The IFSC code SBIN0061060 is associated with the Mumbai SPECIALISED PAYMENT BANK BRANCH Branch of State Bank of India. Located in the bustling city of Mumbai, MAHARASHTRA, 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 SBIN0061060 represents State Bank of India Bank, while 0061060 signifies the unique branch code for SPECIALISED PAYMENT BANK BRANCH.

Significance of IFSC Code for Banking Transactions

The importance of the IFSC code, like SBIN0061060, for the SPECIALISED PAYMENT BANK BRANCH Branch, cannot be overstated. It acts as an address that identifies both the State Bank of India and its specific branch in Mumbai. 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 SBIN0061060

The IFSC code SBIN0061060 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 Mumbai. Let's break down the details:

  • IFSC Code (SBIN0061060): 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 "0061060" are a unique identifier for the SPECIALISED PAYMENT BANK BRANCH 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 (ADMINISTRATIVE OFFICE, WESTERN MUMBAI, MADHULI BUILDING, 1ST FLOOR, H-2,SHIVSAGAR ESTATE, DR A B ROAD, WORLI MUMBAI 400018): This specific address pinpoints the exact location of the branch, ensuring that customers can easily find it for their banking needs.
  • City & State (Mumbai, MAHARASHTRA): The branch is situated in the heart of Mumbai, the capital city of MAHARASHTRA. A city known for its [CITY_FEATURES].
  • Branch (SPECIALISED PAYMENT BANK BRANCH): The [AREA_NAME] area in Mumbai is a hub of activity, and the State Bank of India branch here caters to both individual and business banking needs.
  • Phone Number (+918657440105): 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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