IFSC Code SBIN0030509 - State Bank of India-SAINATH COLONY, BARWANI-Barwani

Detail Information
IFSC Code SBIN0030509
Bank Name State Bank of India
Address 15A,SAINATH COLONY,ANJAD NAKA,BARWANI
District Barwani
State Madhya pradesh
Branch Sainath colony, barwani
Contact
Centre Available
IMPS Available
UPI Available
MICR 451002053
RTGS 1
NEFT Not Available
ISO3166 IN-MP
Bankcode SBIN

Overview of SBIN0030509

The IFSC code SBIN0030509 is associated with the Barwani SAINATH COLONY, BARWANI Branch of State Bank of India. Located in the bustling city of Barwani, 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 SBIN0030509 represents State Bank of India Bank, while 0030509 signifies the unique branch code for SAINATH COLONY, BARWANI.

Significance of IFSC Code for Banking Transactions

The importance of the IFSC code, like SBIN0030509, for the SAINATH COLONY, BARWANI Branch, cannot be overstated. It acts as an address that identifies both the State Bank of India and its specific branch in Barwani. 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 SBIN0030509

The IFSC code SBIN0030509 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 Barwani. Let's break down the details:

  • IFSC Code (SBIN0030509): 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 "0030509" are a unique identifier for the SAINATH COLONY, BARWANI 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 (15A,SAINATH COLONY,ANJAD NAKA,BARWANI): This specific address pinpoints the exact location of the branch, ensuring that customers can easily find it for their banking needs.
  • City & State (Barwani, MADHYA PRADESH): The branch is situated in the heart of Barwani, the capital city of MADHYA PRADESH. A city known for its [CITY_FEATURES].
  • Branch (SAINATH COLONY, BARWANI): The [AREA_NAME] area in Barwani 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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