IFSC Code SBIN0062583 - State Bank of India-RACC DAMOH FI AND MM-Damoh

Detail Information
IFSC Code SBIN0062583
Bank Name State Bank of India
Address PREMISES OF RBO, IN FRONT OF GOVT. POLYTECHNIC COLLEGE, JABALPUR DAMOH ROAD,DISTT. DAMOH M.P
District Damoh
State Madhya pradesh
Branch Racc damoh fi and mm
Contact +917552575800
Centre Available
IMPS Available
UPI Available
MICR 470002059
RTGS 1
NEFT Not Available
ISO3166 IN-MP
Bankcode SBIN

Overview of SBIN0062583

The IFSC code SBIN0062583 is associated with the Damoh RACC DAMOH FI AND MM Branch of State Bank of India. Located in the bustling city of Damoh, 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 SBIN0062583 represents State Bank of India Bank, while 0062583 signifies the unique branch code for RACC DAMOH FI AND MM.

Significance of IFSC Code for Banking Transactions

The importance of the IFSC code, like SBIN0062583, for the RACC DAMOH 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 Damoh. 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 SBIN0062583

The IFSC code SBIN0062583 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 Damoh. Let's break down the details:

  • IFSC Code (SBIN0062583): 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 "0062583" are a unique identifier for the RACC DAMOH 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 (PREMISES OF RBO, IN FRONT OF GOVT. POLYTECHNIC COLLEGE, JABALPUR DAMOH ROAD,DISTT. DAMOH 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 (Damoh, MADHYA PRADESH): The branch is situated in the heart of Damoh, the capital city of MADHYA PRADESH. A city known for its [CITY_FEATURES].
  • Branch (RACC DAMOH FI AND MM): The [AREA_NAME] area in Damoh 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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