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

SBIN0062927

BankState Bank of India
IFSC CodeSBIN0062927
Branch Code062927 (last six characters of IFSC)
BranchRACC R AND DB BEED
City / DistrictBEED
StateMAHARASHTRA

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State Bank of India RACC R AND DB BEED IFSC Code

The RACC R AND DB BEED branch of State Bank of India located in BEED, MAHARASHTRA is identified by the IFSC code SBIN0062927. 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 SBIN0062927

  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 SBIN0062927 to identify the RACC R AND DB BEED 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, RACC R AND DB BEED?
The IFSC code is SBIN0062927.

What is the branch code?
The branch code is 062927, the last six characters of the IFSC code.