IFSC Code of State Bank of India, R AND DB RACC AKOLA, AKOLA

SBIN0062931

BankState Bank of India
IFSC CodeSBIN0062931
Branch Code062931 (last six characters of IFSC)
BranchR AND DB RACC AKOLA
City / DistrictAKOLA
StateGUJARAT

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State Bank of India R AND DB RACC AKOLA IFSC Code

The R AND DB RACC AKOLA branch of State Bank of India located in AKOLA, GUJARAT is identified by the IFSC code SBIN0062931. This 11-character code is issued by the Reserve Bank of India (RBI) and is required for electronic fund transfers such as NEFT, RTGS, IMPS and UPI.

How to transfer money using SBIN0062931

  1. Log in to your bank’s net banking or mobile banking app.
  2. Choose the NEFT, RTGS or IMPS transfer option.
  3. Add the beneficiary with account number and branch name.
  4. Enter IFSC code SBIN0062931 to identify the R AND DB RACC AKOLA branch.
  5. Enter the amount and confirm the transaction.

Difference between IFSC and MICR

AspectIFSC
Full formIndian Financial System Code
PurposeOnline money transfer (NEFT / RTGS / IMPS)
Format11-character alphanumeric
Issued byReserve Bank of India (RBI)

Frequently asked questions

What is the IFSC code of State Bank of India, R AND DB RACC AKOLA?
The IFSC code is SBIN0062931.

What is the branch code?
The branch code is 062931, the last six characters of the IFSC code.