IFSC Code SBIN0062598 - State Bank of India-RACC DEWAS R AND DB-Dewas

Detail Information
IFSC Code SBIN0062598
Bank Name State Bank of India
Address MAIN BRANCH DEWAS, DISTT DEWAS M P
District Dewas
State Madhya pradesh
Branch Racc dewas r and db
Contact
Centre Available
IMPS Available
UPI Available
MICR 455002010
RTGS 1
NEFT Not Available
ISO3166 IN-MP
Bankcode SBIN

Overview of SBIN0062598

The IFSC code SBIN0062598 is associated with the Dewas RACC DEWAS R AND DB Branch of State Bank of India. Located in the bustling city of Dewas, MADHYA PRADESH, 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 SBIN0062598 represents State Bank of India Bank, while 0062598 signifies the unique branch code for RACC DEWAS R AND DB.

Significance of IFSC Code for Banking Transactions

The importance of the IFSC code, like SBIN0062598, for the RACC DEWAS R AND DB Branch, cannot be overstated. It acts as an address that identifies both the State Bank of India and its specific branch in Dewas. 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 SBIN0062598

The IFSC code SBIN0062598 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 Dewas. Let's break down the details:

  • IFSC Code (SBIN0062598): 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 "0062598" are a unique identifier for the RACC DEWAS R AND DB 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 (MAIN BRANCH DEWAS, DISTT DEWAS M P): This specific address pinpoints the exact location of the branch, ensuring that customers can easily find it for their banking needs.
  • City & State (Dewas, MADHYA PRADESH): The branch is situated in the heart of Dewas, the capital city of MADHYA PRADESH. A city known for its [CITY_FEATURES].
  • Branch (RACC DEWAS R AND DB): The [AREA_NAME] area in Dewas 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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