IFSC Code SBIN0060205 - State Bank of India-VANAKBARA-Daman

Detail Information
IFSC Code SBIN0060205
Bank Name State Bank of India
Address GEETA BUILDING,MAIN ROAD,VANAKBARA 362570 UNION TERRITORY OF DIU
District Diu
State Dadra and nagar haveli and daman and diu
Branch Vanakbara
Contact +912875271328
Centre Available
IMPS Available
UPI Available
MICR 362002517
RTGS 1
NEFT Not Available
ISO3166 IN-DH
Bankcode SBIN

Overview of SBIN0060205

The IFSC code SBIN0060205 is associated with the Daman VANAKBARA Branch of State Bank of India. Located in the bustling city of Daman, DADRA AND NAGAR HAVELI AND DAMAN AND DIU, 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 SBIN0060205 represents State Bank of India Bank, while 0060205 signifies the unique branch code for VANAKBARA.

Significance of IFSC Code for Banking Transactions

The importance of the IFSC code, like SBIN0060205, for the VANAKBARA Branch, cannot be overstated. It acts as an address that identifies both the State Bank of India and its specific branch in Daman. 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 SBIN0060205

The IFSC code SBIN0060205 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 Daman. Let's break down the details:

  • IFSC Code (SBIN0060205): 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 "0060205" are a unique identifier for the VANAKBARA 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 (GEETA BUILDING,MAIN ROAD,VANAKBARA 362570 UNION TERRITORY OF DIU): This specific address pinpoints the exact location of the branch, ensuring that customers can easily find it for their banking needs.
  • City & State (Daman, DADRA AND NAGAR HAVELI AND DAMAN AND DIU): The branch is situated in the heart of Daman, the capital city of DADRA AND NAGAR HAVELI AND DAMAN AND DIU. A city known for its [CITY_FEATURES].
  • Branch (VANAKBARA): The [AREA_NAME] area in Daman is a hub of activity, and the State Bank of India branch here caters to both individual and business banking needs.
  • Phone Number (+912875271328): 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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