SBIN0061996 IFSC Code Details

SBIN0061996 IFSC Code For State Bank Of India Cac-khammam area branch in Khammam city, Telangana. Go below for more details on this ifsc code

IFSC Code: SBIN0061996

Bank Name: State Bank Of India
Branch Name: Cac-khammam
IFSC Code: SBIN0061996
MICR Code: N/A
State: Telangana
District: Khammam
City: Khammam
Branch Code: 0061996 (Last 6 Characters from IFSC Code)
Branch Address: Cac-khammam, Jublipura Branch- 507003
Zip Code: 507003
Phone Number: 9440960880

SBIN0061996 is the IFSC code of State Bank Of India, that is assigned by the Reserve Bank of India (RBI). This code helps the Indian financial system to transfer funds from bank account numbers in India and internationally like NEFT/RTGS/IMPS

The details above validate that the State Bank Of India has its operations in the Cac-khammam, Telangana branch located at the Cac-khammam, Jublipura Branch- 507003. This confirms that if you plan on doing a financial transfer, you must be sure of the State Bank Of India IFSC code to ensure that the transfer happens without any hassles.

While all of us understand IFSC codes by now, let’s understand MICR code as well. This is termed as Magnetic Ink Character Recognition which is a character recognition technology that helps in processing cheques faster. State Bank Of India bank branch has a unique MICR code which helps RBI identify the State Bank Of India branch, and speed up the cheque clearing process.

While State Bank Of India IFSC is an 11 digit code, MICR is a 9 digit code, and the basic difference between these two codes is that IFSC code is used for State Bank Of India online transactions, while MICR is used for State Bank Of India offline transactions, like Cheque.

These two aspects are of great importance for State Bank Of India financial transaction in both State Bank Of India online transactions and State Bank Of India offline transactions, and you can choose the one that works well for you.

Uses of Cac-khammam IFSC Code:

NEFT - National Electronic Fund Transfer. Enables you to electronically transfer funds from your bank account to any other account of the same bank or different bank.

RTGS - Real Time Gross Settlement. Transfer a minimum limit of Rs. 2 lakh.

IMPS - Immediate payment service. Bank account holder can transfer funds 24 x 7 365 days

Online Fund Transfer via NEFT, RTGS and IMPS.

The address associated with SBIN0061996 is Cac-khammam, Jublipura Branch- 507003 Telangana