IFSC Code SBIN0062570 - State Bank of India-RACC SHAJAPUR FI AND MM-Shajapur
| Detail | Information |
|---|---|
| IFSC Code | SBIN0062570 |
| Bank Name | State Bank of India |
| Address | SHAJAPUR MAIN BRANCH, NEAR BUS STAND, AB ROAD, |
| District | Shajapur |
| State | Madhya pradesh |
| Branch | Racc shajapur fi and mm |
| Contact | +917552575800 |
| Centre | Available |
| IMPS | Available |
| UPI | Available |
| MICR | 465002106 |
| RTGS | 1 |
| NEFT | Not Available |
| ISO3166 | IN-MP |
| Bankcode | SBIN |
Overview of SBIN0062570
The IFSC code SBIN0062570 is associated with the Shajapur RACC SHAJAPUR FI AND MM Branch of State Bank of India. Located in the bustling city of Shajapur, 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 SBIN0062570 represents State Bank of India Bank, while 0062570 signifies the unique branch code for RACC SHAJAPUR FI AND MM.
Significance of IFSC Code for Banking Transactions
The importance of the IFSC code, like SBIN0062570, for the RACC SHAJAPUR FI AND MM Branch, cannot be overstated. It acts as an address that identifies both the State Bank of India and its specific branch in Shajapur. 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 SBIN0062570
The IFSC code SBIN0062570 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 Shajapur. Let's break down the details:
- IFSC Code (SBIN0062570): 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 "0062570" are a unique identifier for the RACC SHAJAPUR FI AND MM 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 (SHAJAPUR MAIN BRANCH, NEAR BUS STAND, AB ROAD,): This specific address pinpoints the exact location of the branch, ensuring that customers can easily find it for their banking needs.
- City & State (Shajapur, MADHYA PRADESH): The branch is situated in the heart of Shajapur, the capital city of MADHYA PRADESH. A city known for its [CITY_FEATURES].
- Branch (RACC SHAJAPUR FI AND MM): The [AREA_NAME] area in Shajapur is a hub of activity, and the State Bank of India branch here caters to both individual and business banking needs.
- Phone Number (+917552575800): A direct line to the branch, this number ensures that customers can reach out for any queries, concerns, or banking assistance.