Select Branch for State Bank Of India in Mumbai, Maharashtra
Choose a branch to view IFSC code and details
Air Force Station Madh
SBIN0061583
P 108 HANBADEVI TEMPLE AIR FORCE STATION MADH MALAD WEST MUMBAI 400061
Bhakti Park
SBIN0061528
AJMERA TREON,GROUND FLOOR,BHAKTI PARK,WADALA ( EAST),MUMBAI 400037
Bharat Diamond Bourse
SBIN0016654
G 1, BHARAT DIAMOND BOURSE, G BLOCK, BANDRA KURLA COMPLEX, BANDRA EAST , MUMBAI,MAHARASHTRA 400051
Cac Andheri ,e
SBIN0010296
SBI MIDC BUILDING , MIDC ANDHERI PLOT NO. B -1, ANDHERI (EAST), MUMBAI - 400093
Cac Mahul Road
SBIN0064541
OPPOSITE ASHISH THEATRE,MAHUL ROAD,CHEMBUR 400074
Cac Pen
SBIN0064533
BAZAR PETH,PEN,DISTRICT-RAIGAD,MAHARASHTRA-402107
Cag, Branch Ii Mumbai
SBIN0016376
THE CAPITAL, 16TH FLOOR, BKC, BANDRA E , DISTT.MUMBAI. MAHARASHTRA 400 051
Ccc-fbg Mumbai
SBIN0018787
C-O CAG - I MUMBAI BRANCH, 2ND FLOOR, NEVILLE HOUSE, J.N.HEREDIA MARG, BALLARD ESTATE, MUMBAI, MAHARASHTRA - 400 001
Ccgro, Mumbai
SBIN0004424
STATE BANK OF INDIA, CCGRO, MUMBAI, 12TH FLOOR, AIR INDIA BUILDING, NARIMAN POINT, MUMBAI-400021
Centralised Retail Asset Management Cell, Mumbai
SBIN0065119
1ST FLOOR,SBI VILLE PARLE ( EAST ) BRANCH,NAVAPADA NO.58,NEHRU ROAD,VILLE PARLE EAST,MUMBAI,MAHARASTRA-400057
Chunabhatti
SBIN0061527
STERLING APARTMENTS,GROUND FLOOR,OPP.JOGANI INDL.ESTATE,V.N.PURAV MARG,MUMBAI - 400022
City Recovery Centre
SBIN0005168
MUMBAI
Currency Admin Cell,s. Mumbai
SBIN0010295
MUMBAI
Currey Road, Mumbai
SBIN0061257
STATE BANK OF INDIA, SHOP NO 2, GROUND FLOOR , ONE AVIGHNA PARK, CURREY ROAD MUMBAI 400 012.
Dedicated Accounting Unit
SBIN0040679
SBI L H O BLDG ,6TH FLOOR,BANDRA KURLA COMPLEX,MUMBAI 400051
Defence Services Branch, Colaba
SBIN0061183
BUILDING NO. P-17, GROUND FLOOR, COLABA MILITARY STATION, NEAR VIJAY CHOWK, COLABA, MUMBAI,MAHARASHTRA - 400 005
Devidayal Road Branch, Mulund West
SBIN0016720
2 AND 3, GROUND FLOOR, NEELKANTH HEIGHTS, NEELKANTH NAGAR, B.P.S. CROSS ROAD, OFF DEVIDAYAL ROAD, MULUND WEST MUMBAI. MAHARASHTRA 400080
Document Archival Centre, Mumbai
SBIN0011762
WESTERN HOUSE, 1ST FLOOR, SONAWALA LANE NO. 2, GOREGAON EAST , MUMBAI400063
Doorstep Banking Services, Dsb Cpc
SBIN0061513
1ST FLOOR, MADHULI BUILDING, A B ROAD, SHIVSAGAR ESTATE, WORLI, MUMBAI 400018
E-collection - Van
SBIN0000TBU
TRANSACTION BANKING UNIT, CORPORATE CENTER, VOLTAS HOUSE,1ST FLOOR, 23 J.N. HEREDIA MARG,BALLARD ESTATE, FORT, MUMBAI - 400001
Empire House, Fort Branch Mumbai
SBIN0030002
214,DR.D.N.ROAD,EMPIRE HOUSE,FORT,MUMBAI
EState Department , Corporate Centre
SBIN0011339
9TH FLOOR,STATE BANK BHAVAN,NARIMAN POINT,MUMBAI 21
Ewealth Centre, Mumbai
SBIN0018716
G-BLOCK, SYNERGY, BANDRA KURLA COMPLEX, BANDRA EAST, MUMBAI, DIST.MUMBAI, MAHARASHTRA-400051
Fund Settlement Link Office ,fslo
SBIN0004057
MUMBAI
Grant Road East
SBIN0061525
15-17,RAILWAY HOTEL BUILDING,GRANT ROAD EAST,MUMBAI - 400004
Hariom Nagar Branch, Mulund East
SBIN0016878
BRIGHTON ARCADE, GROUND FLOOR, HARIOM NAGAR, MULUND EAST ,MUMBAI, DISTT.MUMBAI. MAHARASHTRA 400081.
Hrms Project
SBIN0011470
COPORATE,CENTRE
Ibg Accounting Unit Mumbai
SBIN0013761
CORPORATE CENTRE,STATE BANK BHAVAN,MADAME CAMA ROAD,MUMBAI400021
Integrated Domestic Treasury
SBIN0040669
SBI LHO BUILDING,6TH FLOOR,PLOT NO C 6,G BLOCK,BANDRA KURLA COMPLEX,BANDRA EAST,MUMBAI 400051
It- Foreign Offices, Navi Mumbai
SBIN0013059
GITC,CBD BELAPUR,NEW MUMABI 400614
Jankalyan Nagar
SBIN0016603
SHOP NO. 26 37, NEW BHOOMI PARK II, JANKALYAN NAGAR, OFF.MARVE ROAD, MALAD WEST, DISTT. MUMBAI. MAHARASHTRA 400095
Jite Branch
SBIN0065146
PLOT NO.1070,SHREE OM SAI COMMERCIAL COMPLEX,AT& POST JITE,TALUKA PEN,DIST.RAIGAD.PIN -402107
Juhu Versova Link Road
SBIN0013264
BUILDING SURVEY NO.161 JUHU VERSOVA LINK ROAD ANDHERI WEST,DISTMUMBAI
Kalina
SBIN0014914
GROUND FLOOR,CENTRAL PLAZA,166,CST ROAD,KALINA,SANTACRUZ EAST,MUMBAI,DISTMUMBAI400 098
Kohinoor City, Mumbai
SBIN0061278
STATE BANK OF INDIA, KOHINOOR CITY BRANCH, UNIT NO G -85, 86 AND 87, A WING KOHINOOR CITY MALL ,GROUND FLOOR, KIROL ROAD, OFF LBS MARG, KURLA WEST,MUMBAI 400 070
Lokhandwala Branch
SBIN0013204
NEBULA APPARTMENT, GROUND FLOOR, 4TH CROSS LANE, LOKHANDWALA COMPLEX, ANDHERI W 400058
M.g.road Borivali East
SBIN0016682
HARI OM PLAZA, SHOP NO 2 3 M.G ROAD, OPP.NATIONAL PARK, BORIVALI EAST , MUMBAI. MAHARASHTRA 400066
Magathane
SBIN0061584
AMBROSIA DEVI PADA WESTERN EXPRESS HIGHWAY, BORIBALI EAST MUMBAI 400066
Mahavir Nagar, Mumbai
SBIN0013499
BREEZY CORNER,OPP PANCHSHEEL HEIGHTS,MAHAVIR NAGAR,KANDIVALI W,MUMBAI 400 067,
Mantralaya
SBIN0061524
NEW ADMINISTRATIVE BLOCK,GOVERNMENT OF MAHARASHTRA,HUTATMA RAJGURU MARG,MUMBAI -400032
Merc Acquiring Business Vertical
SBIN0016899
CORPORATE CENTRE,SHOP NO.35,THE ARCADE,WTC,CUFFE PARADE,MUMBAI 400005
Mid Corporate Group Corporate Center Mumbai
SBIN0004425
12TH FLOOR,STATE BANK BHAVAN,,MADAM CAMAE ROAD,NARIMAN POINT,MUMBAI,DISTMUMBAI
Mumbai Centralnavi Mumbai Zone Iii
SBIN0016517
MUMBAI THANE NASHIK ZONE IV, MADHULI BUILDING, SHIVSAGAR ESTATE, DR. A.B.ROAD, WORLI, MUMBAI. MAHARASHTRA 400 018
Mumbai Thane Nashik Zone Iv
SBIN0016516
ZONE II, ADMINISTRATIVE OFFICE MUMBAI, 5TH FLOOR, PREMISES NO. T 651T 751, I T C BELAPUR, TOWER II, BELAPUR RAILWAY STATION COMPLEX, BELAPUR, NAVI MUMBAI. MAHARASHTRA 400614
Mumbai Metro A And B Unit
SBIN0061263
SYNERGY, C-6, G BLOCK, BANDRA KURLA COMPLEX, BANDRA EAST, MUMBAI 400051
Mundhwa
SBIN0012927
MUSURVEY NO 59B,NEAR SUPER METER COMPANY,DIST.PUNE,MAHARASHTRA411 036
Nahur West
SBIN0017611
GOLD SEAL COMPOUND,SUBHASH NAGAR,NEAR CEAT TYRE,VILLAGE ROAD,NAHUR WEST,MUMBAI.MAHARASHTRA 400078
Nancy Colony Borivali E Branch
SBIN0016719
UNIT NO. 26, A,B,C,D IN H WING, ADINATH TOWER, NANCY COLONY, BORIVALI EAST, DISTT.MUMBAI. MAHARASHTRA 400066
Narayan Nagar Branch, Ghatkopar West
SBIN0016879
VISION HOUSE, 14 D, BOMBAY CO OP. INDL. ESTATE, NARAYAN NAGAR, N.S.S.ROAD, GHATKOPAR WEST , MUMBAI 400086
National Automated Clearing House Mumbai
SBIN0061076
MAZAZINE FLOOR MUMBAI MAIN BRANCH BUILDING HORNIMAN CIRCLE MUMBAI DISTTMUMBAI
Null Bazar
SBIN0061522
GROUND FLOOR,ADARSH MAHAL,474 MAULANA AZAD ROAD,NULL BAZAR,MUMBAI 400004
Pbb Goregaon West
SBIN0017293
PBB GOREGAON WEST,SHOP NO.11,BHOOMI CLASSIC CHS LTD,LINK RD,MALAD WEST,DIST.MUMBAI.MH 400064
Portugese Church, Dadar Branch
SBIN0030355
GYAN SAGAR BULD,R B S K BOLE ROAD,DADAR W MUMBAI
Project Finance Branch, Mumbai
SBIN0018956
PROJECT FINANCE BRANCH, COMMERCIAL BRANCH, GROUND FLOOR, N.G.N.VAIDYA MARG, HORNIMAN CIRCLE, FORT, MUMBAI, MAHARASHTRA-400001
Racpc Andheri West
SBIN0017897
SHOP NO15B WINGSHRI HARI CHS LTDRTO LANEFOUR BANGALOWANDHERI MUMBAI MAHARASHTRA400053
Racpc Sion
SBIN0061073
COMMERCIALI KOHINOOR CITY MAL,KIROL ROAD OFF LBS MARG, NEAR HOLY CROSS ROAD KURLA, WEST MUMBAI
Racpc, Borivali
SBIN0015545
STATE BANK OF INDIA, GROUND FLOOR, MTNL EXCHANGE BLGD., DEVIDAS ROAD, BORIVALI WEST , MUMBAI 400092
Racpc, Ghatkopar
SBIN0015426
1ST FLOOR, ASHOK SILK MILLS COMPOUND, LBS MARG, GHATKOPAR WEST , MUMBAI, MAHARASHTRA 400 086
Rasmeccc,bhayandar
SBIN0061178
150 FEET ROAD, VENKATESH ORCHID, NEAR FLYOVER, BHAYANDER (W), MUMBAI
Rbo Borivali
SBIN0061024
PLOTNO.9,YOGISMRUTI,10THROAD,1STFLOOR,ABOVEJVPDBRANCH,JUHU,VILELPARLEWEST,DISTT.MUMBAI.MAHARASHTRA400049
Rbo I, Mumbai
SBIN0014184
1ST FLOOR,VIDEOCON HERITAGE,CHARANJIT RAI MARG,D N ROAD,FORT,MUMBAI 400001
Rbo Ii, Mumbai
SBIN0014185
ASHOK SILK MILLS COMPOUND,1ST FLOOR,LBS MARG,GHATKOPAR WEST,MUMBAI 400086
Rbo Iii, Mumbai
SBIN0013926
PLOT NO 9 YOGI SMRUTI,ABOVE JVPD BRANCH,10TH ROAD,JVPD SCHEME,MUMBAI 400049
Rbo Iv, Mumbai
SBIN0005141
E BY 202,2ND FLOOR,SANPADA RAILWAY STATION COMPLEX,NAVI MUMBAI 400705
Rbo Sion
SBIN0061028
COMMERCIALI,KIROLROAD,OFF.LBSMARG,NEARHOLYCROSSROAD,KURLAW,MUMBAI,DISTT.MUMBAI.MAHARASHTRA400070
Rbo V, Mumbai
SBIN0014186
2ND FLOOR,H BY 2,SHIVSAGAR ESTATE,DR ANNIE BESANT ROAD,WORLI,MUMBAI 400018
Rbo Vii Sce Mumbai
SBIN0014187
2ND FLOOR,H BY 2,SHIVSAGAR ESTATE,DR ANNIE BESANT ROAD,WORLI,MUMBAI 400018
Regional Business Office Vi Mumbai
SBIN0014009
BUENA VISTA CO OP HSG SOCIETY,OPP Y B CHAVAN CENTRE,JAGGANATH BHOSLE RD,MUMBAI 400021
Rtc Dept, BelaPur
SBIN0007664
SBGITC,SECTOR 11,CBD BELPAUR NAV IMUMBAI
SahakarGram ,kandivali(e) Branch
SBIN0030281
SABARMATI APPT,CROSS ROAD NO 3,ASHOK NAGAR,MUMBAI
Saki Vihar Road
SBIN0018874
MAHVIR CLASSIC CHS LTD SAKIVIHAR ROAD, MUMBAI, DISTT.MUMBAI. MAHARASHTRA-400076
Samg, Mumbai
SBIN0004454
STRESSED ASSETS MANAGEMENT SAMG,MADAME CAMA ROAD,NARIMAN POINT,MUMBAI 400021
Samro Mumbai
SBIN0064067
THE ARCADE,2ND FLOOR,WORLD TRADE CENTRE,CUFFE PARADE,MUMBAI-400005
Santacruz East
SBIN0013265
DR.DADHICHI HOSPITAL COMPOUND,SANTACRUS EAST,MUMBAI,DISTMUMBAI
Sarg, Commercial-iii Mumbai
SBIN0061341
112-115 IST FLOOR, PLOT NO-212 WEST WING,TULSIANI CHAMBERS,FREE PRESS JOURNAL MARG, NARIMAN POINT, MUMBAI PIN-400021
Sbicreditcard-neft
SBIN00CARDS
PAYMENT SYSTEMS GROUP,STATE BANK GITC,CBD BELAPUR,NAVI MUMBAI
Sbiintouch Marine Drive
SBIN0019255
MEGHDOOT C H S, GROUND FLOOR, NETAJI SUBHASH MARG, MARINE DRIVE, MUMBAI, DIST.MUMBAI, MAHARASHTRA-400002
Sbiintouch Sion Circle,sion
SBIN0019144
ASHOK SILK MILL COMPOUND, 1ST FLOOR, LBS MARG, GHATKOPAR WEST, MUMBAI- 400086
Service Centre
SBIN0040888
6TH FLOOR,SBI LOCAL HEAD OFFICE, BANDRA KURLA COMPLEX,BANDRA E, MUMBAI 400051.
Sewree
SBIN0061529
SATYA HOUSE,GROUND FLOOR,4-207,RAM TEKDI,OFF.T.J.ROAD,SEWREE WEST,MUMBAI 400015
Shere Punjab Colony Andheri East
SBIN0061658
AHURA CENTRE PLOT NO 96 VILLAGE MULGAON ANDHERI, MAHAKALICAVES ROAD ANDHERI EAST MUMBAI 400072
Smecc Prabhadevi
SBIN0021013
STATE BANK OF INDIA , SMECC PRABHADEVI, 4TH FLOOR, RAVINDRA NATYA MANDIR, SAYANI ROAD, PRABHADEVI, MUMBAI 400025
Specialised Payment Bank Branch
SBIN0061060
ADMINISTRATIVE OFFICE, WESTERN MUMBAI, MADHULI BUILDING, 1ST FLOOR, H-2,SHIVSAGAR ESTATE, DR A B ROAD, WORLI MUMBAI 400018
Start-up Branch Bkc Mumbai
SBIN0064369
OFFICE 110,111,1ST FLR,INS TOWERS,BKC,BANDRA EAST,MUMBAI - 400051
Station Road Vile Parle W
SBIN0017415
STATION ROAD VILE PARLE W,PRIME BUSINESS PARK,VILLE PARLE,MUMBAI,DISTT.MUMBAI.MAHARASHTRA 400056
Subhash Road Vile Parle East
SBIN0017610
E SQUARE,GROUND FLOOR,SUBHASH ROAD,VILE PARLE EAST,MUMBAI,DIST.MUMBAI.MAHARASHTRA 400057
Tfcpc Andheri
SBIN0061224
31, MAHAL INDUSTRIAL ESTATE, MAHAKALI CAVES ROAD, ANDHERI EAST, MUMBAI, DISTT. MUMBAI, MAHARASHTRA - 400093
Thakur Complex ,kandivali Branch
SBIN0030366
TIRUPATI TOWER,WESTERN EXPRESS HIGHWAY,THAKUR COMPLEX,KANDIVALI E,MUMBAI
Vaishali Nagar, Mulund West
SBIN0015149
SHOP NO. 45, MANISHA HEIGHTS, BALRAJESHWAR ROAD, VAISHALI NAGAR, MULUND WEST, MUMBAI400080
Yogi Nagar
SBIN0013872
FALCON CREST,LINK ROAD,NEAR DON BOSC,YOGI NAGAR,BORIVLI WEST,MUMBAI,PIN
Zonal Office, Mumbai
SBIN0006858
MADHULI BLDG,SHIVSAGAR ESTATE,ANNIE BESANT RD, MUMBAI
Zonal Office, Mumbaiworli Juhu
SBIN0016574
1ST FLOOR, MADHULI BLDG., A.B.ROAD, SHIVSAGAR ESTATE, WORLI, MUMBAI. MAHARASHTRA 400018.
What are State Bank Of India IFSC Codes?
The Indian Financial System Code, commonly known as the IFSC code, is an alphanumeric code crucial for the electronic transfer of funds within the Indian banking system. This code helps in identifying specific bank branches, ensuring that electronic transactions like NEFT (National Electronic Funds Transfer), RTGS (Real-Time Gross Settlement), and IMPS (Immediate Payment Service) are conducted smoothly and accurately.
The IFSC code acts as a guide that directs money to the right bank branch, whether it is for a money transfer to a friend, payment of a bill, or business transactions.
How to Read the Structure of the State Bank Of India IFSC Code
The IFSC code is an 11-character code consisting of three distinct elements:
- First Four Characters: These letters indicate the name of the bank. For instance, the first four alphabets in the code represent the bank's name.
- Fifth Character: This is always '0' (zero) and is reserved for potential future use in the system.
- Last Six Characters: These can be either numeric or alphabetic and identify a specific branch of the bank.
Example: An IFSC code may appear as "BANK0123456." Here, "BANK" denotes the bank, and "0123456" identifies the specific branch. This unique combination ensures that each branch of every bank has a distinct identification number, allowing the precise identification of the account's location.
How to Locate an State Bank Of India IFSC Code
Locating an IFSC code is relatively straightforward and can be done using any of the following methods:
- Cheque Book: The cheque leaves issued by your bank carry the IFSC code, usually printed on the upper section of the leaf.
- Bank Passbook: The IFSC code is typically found on the first page of the bank passbook provided at the time of opening the account.
- Official Websites of Banks: Most banks provide a search tool on their websites that allows you to find their respective IFSC codes based on branch location or branch name.
- Online Banking Portals: IFSC codes are provided in most online banking systems, enabling customers to find the code related to their bank branch.
- Mobile Banking Apps: Many banking apps allow you to view branch details, including IFSC codes.
- RBI Website: The Reserve Bank of India maintains an official list of all banks and their respective branch IFSC codes on its website.
Importance of IFSC Code in Fund Transfers
The IFSC code plays a significant role in secure and efficient fund transfers in the following ways:
- NEFT (National Electronic Funds Transfer): The IFSC code ensures that funds are transferred accurately from one account in a bank to another account in a different bank in India.
- RTGS (Real-Time Gross Settlement): The IFSC code ensures the safety and speed of high-value transactions where money needs to be transferred at once.
- IMPS (Immediate Payment Service): An instant fund transfer service where the IFSC code directs funds to the correct branch instantly.
- Error Prevention: Accurate use of the IFSC code minimizes the chances of funds being directed to the wrong account or branch, thereby reducing errors.
Benefits of Using IFSC Code
Here are the main benefits of IFSC codes you must know:
- Increased Security: Using the correct IFSC code ensures the transaction reaches the correct branch of the bank, minimizing errors or misdirected funds.
- Faster and More Efficient: IFSC codes streamline the fund transfer process, making it faster than traditional methods.
- Universal Use: Since the IFSC code system is standardized across all banks in India, it can be used for transfers between any banks.
Procedure to Perform State Bank Of India Fund Transfer Using IFSC Code
Fund transfer using an IFSC code is a simple yet vital process:
- Log in Through Online Banking: Use your mobile banking app or Internet banking portal to log in to your bank.
- Fund Transfer: Select the option for fund transfer, choosing between NEFT, RTGS, or IMPS.
- Add Recipient Details: Enter the recipient's name, account number, bank name, and the IFSC code of their branch.
- Validate Details: Verify the entered details to avoid errors. Incorrect bank and IFSC details can lead to the rejection of your fund transfer request.
- Confirm Transfer: After confirmation, the money will be transferred. Depending on the mode of transfer, the amount may be transferred within a few seconds or minutes.
How to Open a State Bank Of India Bank Account
Opening a bank account is a simple if you have the necessary documents and meet the eligibility criteria:
Eligibility Criteria
- Any citizen over 18 years old is eligible to open a bank account.
- In the case of minors, parents or guardians can open an account on their behalf.
- Non-residents are also eligible, provided they fulfill certain conditions established by the banks.
Required Documents
- Proof of Identity: Aadhaar Card, Passport, Voter ID, or any government-issued ID.
- Proof of Address: Aadhaar Card, Passport, utility bills, or any valid document proving residence.
- PAN Card: A PAN card is required for tax compliance.
- Passport Size Photographs: Usually, two to three recent photographs are needed.
- Form 16: In certain cases where a PAN card is not available, Form 16 may be considered.
Process to Open an Account
- Visit a Bank: Visit a branch of your chosen bank, or apply online if the bank offers an online application service.
- Fill Out the Form: Complete the account opening form with your personal information.
- Submit Documents: Provide documents verifying your identity and address.
- Initial Deposit: Make an initial deposit if required by the specific type of account.
- Account Activation: Once your documents are verified, your account will be activated, and you will receive a passbook, checkbook, and debit card.
- Register for Internet and Mobile Banking: Register for Internet and mobile banking services to facilitate easy transactions.
Loan EMI Calculator: Importance and Types
For anyone taking a loan, an EMI calculator is a vital and useful tool. Based on the loan amount, interest rate, and repayment period, it assists you in calculating the monthly repayment amount. You may better manage your money and make sure the loan doesn't put a burden on your resources by using an EMI calculator. It helps you steer clear of any unpleasant shocks later on by giving you a clear image of your financial commitment.
Loan Calculators
- Loan Calculator VA: Specifically designed for VA loans, helping veterans calculate their mortgage payments.
- Loan Calculator Vehicle: Assists in determining monthly payments for vehicle loans.
- Loan Calculator 30 Year: Calculates monthly payments for a 30-year loan term.
- Loan Calculator Yearly Payment: Provides an annual breakdown of loan payments.
EMI Calculators
- EMI Calculator for Home Loan: Helps in calculating the Equated Monthly Installment (EMI) for home loans.
- EMI Calculator Us: Tailored for users in the US to compute their home loan EMIs.
- EMI Calculator on Home Loan: Another tool for calculating home loan EMIs, ensuring accurate monthly payment estimates.
Interest Calculators
- Interest calculator yearly: Calculates the annual interest on loans or investments.
SIP Calculators
- SIP Calculator India: Designed for Indian investors to calculate returns on Systematic Investment Plans (SIPs).
- SIP Calculator Return: Estimates the returns on SIP investments.
- SIP Calculator Mutual Fund: Calculates potential returns from mutual fund SIPs.
- SIP Calculator Months: Provides monthly breakdowns of SIP investments.
- SIP Calculator Online: An online tool for calculating SIP returns.
- SIP Calculator Yearly: Offers yearly projections of SIP returns.
PPF Calculators
- PPF Calculator India: Calculates returns on Public Provident Fund (PPF) investments in India.
- PPF Generator: Generates detailed reports on PPF investments.
- PPF Calculator 15 Years: Estimates returns over a 15-year period.
- PPF Calculator 30 Years: Projects returns over a 30-year period.
Conclusion
An IFSC code is an essential component of the Indian banking system, ensuring the secure electronic transfer of funds. Whether you're doing a simple NEFT transfer or a high-value RTGS transaction, the IFSC code plays an indispensable role in smooth banking operations. Knowing how to find and use this code is crucial for anyone conducting electronic transactions in India.
Frequently Asked Questions (FAQs)
IFSC stands for Indian Financial System Code. It is an 11-character alphanumeric code used to identify a specific branch of a bank in India. It is required for electronic fund transfers like RTGS and NEFT.
The IFSC code is crucial for ensuring safe and error-free transfers from one bank to another. It helps route transactions through the correct bank branch.
You can find the IFSC code on your cheque book and passbook or on your bank's official website. The Reserve Bank of India also publishes a list of IFSC codes.
Yes, the IFSC code is required to complete electronic fund transfers like NEFT, RTGS, and IMPS. Without the IFSC code, the transfer cannot be completed.
In Internet banking, the IFSC code of the beneficiary's bank and branch ensures safe and accurate transfers.
No, each branch of a bank has a unique IFSC code, making it easier to identify the specific branch for transactions.
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