IFSC Code of State Bank of India, RACC CHAIBASA, CHAIBASA

SBIN0062860

BankState Bank of India
IFSC CodeSBIN0062860
Branch Code062860 (last six characters of IFSC)
BranchRACC CHAIBASA
City / DistrictCHAIBASA
StateJHARKHAND

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State Bank of India RACC CHAIBASA IFSC Code

The RACC CHAIBASA branch of State Bank of India located in CHAIBASA, JHARKHAND is identified by the IFSC code SBIN0062860. 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 SBIN0062860

  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 SBIN0062860 to identify the RACC CHAIBASA 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 CHAIBASA?
The IFSC code is SBIN0062860.

What is the branch code?
The branch code is 062860, the last six characters of the IFSC code.