State Bank of India Racc Sakti R And Db Branch IFSC Code: SBIN0062627
Branch Code: 062627 | SAKTI, SAKTI, CHHATTISGARH
The official Indian Financial System Code (IFSC) for State Bank of India, Racc Sakti R And Db branch in SAKTI, CHHATTISGARH is SBIN0062627. The MICR code for cheque clearance is 495002254.
Branch Fact Sheet & Electronic Routing Details
- Bank Name
- State Bank of India
- Branch Name
- RACC SAKTI R AND DB
- MICR Code
- City / District
- SAKTI (SAKTI)
- State
- CHHATTISGARH
- Postal Pincode
- N/A
MAIN BRANCH SAKTI, DISTT. JANJGIR-CHAMPA C G
Banks Open Per Published Schedule
Earn up to 7% p.a. on Fixed Deposits
Senior citizens receive an additional premium up to 7.5% p.a.
Local Financial Pulse: SAKTI, CHHATTISGARH
How to Read IFSC Code: SBIN0062627
An Indian Financial System Code (IFSC) is a unique 11-character alphanumeric code assigned by the Reserve Bank of India to identify bank branches for electronic payment systems.
First 4 alphabetic characters identify State Bank of India.
5th character is always numeral '0', reserved for future use.
Last 6 alphanumeric characters identify the specific physical branch.
Payment Systems Supported by this IFSC Code
| Payment System | Settlement Time | Minimum Amount | Availability | Ideal For |
|---|---|---|---|---|
| NEFT (National Electronic Funds Transfer) | Half-hourly batches | ₹1 (No minimum) | 24x7x365 | Routine bills, small & medium transactions |
| RTGS (Real Time Gross Settlement) | Real-time instant | ₹2,00,000 | 24x7x365 | High-value urgent financial transfers |
| IMPS (Immediate Payment Service) | Immediate | ₹1 (Max ₹5 Lakh) | 24x7x365 | Instant mobile banking & emergency transfers |
Frequently Asked Questions: State Bank of India (SBIN0062627)
Which bank does IFSC Code SBIN0062627 belong to?
IFSC Code SBIN0062627 belongs to State Bank of India for its RACC SAKTI R AND DB branch, located in SAKTI, CHHATTISGARH. The 4-letter prefix 'SBIN' represents State Bank of India.
What is the IFSC Code for State Bank of India RACC SAKTI R AND DB branch?
The IFSC Code for State Bank of India RACC SAKTI R AND DB branch in SAKTI, CHHATTISGARH is SBIN0062627. It is used for NEFT, RTGS, and IMPS funds transfer.
What is the address of State Bank of India RACC SAKTI R AND DB branch?
The branch is located at: MAIN BRANCH SAKTI, DISTT. JANJGIR-CHAMPA C G, SAKTI, CHHATTISGARH.
What is the MICR Code for State Bank of India RACC SAKTI R AND DB?
The MICR Code for electronic cheque clearing at State Bank of India RACC SAKTI R AND DB is 495002254.
How to decipher the IFSC code SBIN0062627?
The first 4 characters 'SBIN' represent State Bank of India. The 5th character is '0' reserved for future use. The last 6 characters '062627' represent the specific RACC SAKTI R AND DB branch code.
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