IFSC Code SBIN0062605 - State Bank of India-RACC NEEMUCH R AND DB-Neemuch

Detail Information
IFSC Code SBIN0062605
Bank Name State Bank of India
Address MAIN BRANCH NEEMUCH, DISTT NEEMUCH M P
District Neemuch
State Madhya pradesh
Branch Racc neemuch r and db
Contact
Centre Available
IMPS Available
UPI Available
MICR
RTGS 1
NEFT Not Available
ISO3166 IN-MP
Bankcode SBIN

Overview of SBIN0062605

The IFSC code SBIN0062605 is associated with the Neemuch RACC NEEMUCH R AND DB Branch of State Bank of India. Located in the bustling city of Neemuch, 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 SBIN0062605 represents State Bank of India Bank, while 0062605 signifies the unique branch code for RACC NEEMUCH R AND DB.

Significance of IFSC Code for Banking Transactions

The importance of the IFSC code, like SBIN0062605, for the RACC NEEMUCH R AND DB Branch, cannot be overstated. It acts as an address that identifies both the State Bank of India and its specific branch in Neemuch. 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 SBIN0062605

The IFSC code SBIN0062605 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 Neemuch. Let's break down the details:

  • IFSC Code (SBIN0062605): 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 "0062605" are a unique identifier for the RACC NEEMUCH R AND DB 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 (MAIN BRANCH NEEMUCH, DISTT NEEMUCH 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 (Neemuch, MADHYA PRADESH): The branch is situated in the heart of Neemuch, the capital city of MADHYA PRADESH. A city known for its [CITY_FEATURES].
  • Branch (RACC NEEMUCH R AND DB): The [AREA_NAME] area in Neemuch 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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