IFSC Code SBIN0062579 - State Bank of India-RACC RAISEN FI AND MM-Raisen

Detail Information
IFSC Code SBIN0062579
Bank Name State Bank of India
Address RAISEN BRANCH,YASHWANT NAGAR, SAUGOR ROAD
District Raisen
State Madhya pradesh
Branch Racc raisen fi and mm
Contact +917552575800
Centre Available
IMPS Available
UPI Available
MICR 464002029
RTGS 1
NEFT Not Available
ISO3166 IN-MP
Bankcode SBIN

Overview of SBIN0062579

The IFSC code SBIN0062579 is associated with the Raisen RACC RAISEN FI AND MM Branch of State Bank of India. Located in the bustling city of Raisen, 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 SBIN0062579 represents State Bank of India Bank, while 0062579 signifies the unique branch code for RACC RAISEN FI AND MM.

Significance of IFSC Code for Banking Transactions

The importance of the IFSC code, like SBIN0062579, for the RACC RAISEN 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 Raisen. 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 SBIN0062579

The IFSC code SBIN0062579 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 Raisen. Let's break down the details:

  • IFSC Code (SBIN0062579): 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 "0062579" are a unique identifier for the RACC RAISEN 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 (RAISEN BRANCH,YASHWANT NAGAR, SAUGOR ROAD): This specific address pinpoints the exact location of the branch, ensuring that customers can easily find it for their banking needs.
  • City & State (Raisen, MADHYA PRADESH): The branch is situated in the heart of Raisen, the capital city of MADHYA PRADESH. A city known for its [CITY_FEATURES].
  • Branch (RACC RAISEN FI AND MM): The [AREA_NAME] area in Raisen 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.

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