IFSC Code SBIN0062606 - State Bank of India-RACC RATLAM R AND DB-Ratlam
| Detail | Information |
|---|---|
| IFSC Code | SBIN0062606 |
| Bank Name | State Bank of India |
| Address | MAIN BRANCH RATLAM, DISTT RATLAM M P |
| District | Ratlam |
| State | Madhya pradesh |
| Branch | Racc ratlam r and db |
| Contact | |
| Centre | Available |
| IMPS | Available |
| UPI | Available |
| MICR | |
| RTGS | 1 |
| NEFT | Not Available |
| ISO3166 | IN-MP |
| Bankcode | SBIN |
Overview of SBIN0062606
The IFSC code SBIN0062606 is associated with the Ratlam RACC RATLAM R AND DB Branch of State Bank of India. Located in the bustling city of Ratlam, 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 SBIN0062606 represents State Bank of India Bank, while 0062606 signifies the unique branch code for RACC RATLAM R AND DB.
Significance of IFSC Code for Banking Transactions
The importance of the IFSC code, like SBIN0062606, for the RACC RATLAM 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 Ratlam. 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 SBIN0062606
The IFSC code SBIN0062606 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 Ratlam. Let's break down the details:
- IFSC Code (SBIN0062606): 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 "0062606" are a unique identifier for the RACC RATLAM 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 RATLAM, DISTT RATLAM 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 (Ratlam, MADHYA PRADESH): The branch is situated in the heart of Ratlam, the capital city of MADHYA PRADESH. A city known for its [CITY_FEATURES].
- Branch (RACC RATLAM R AND DB): The [AREA_NAME] area in Ratlam 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.