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

SBIN0062603

BankState Bank of India
IFSC CodeSBIN0062603
Branch Code062603 (last six characters of IFSC)
BranchRACC KHANDWA R AND DB
City / DistrictKHANDWA
StateMADHYA PRADESH

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State Bank of India RACC KHANDWA R AND DB IFSC Code

The RACC KHANDWA R AND DB branch of State Bank of India located in KHANDWA, MADHYA PRADESH is identified by the IFSC code SBIN0062603. 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 SBIN0062603

  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 SBIN0062603 to identify the RACC KHANDWA R AND DB 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 KHANDWA R AND DB?
The IFSC code is SBIN0062603.

What is the branch code?
The branch code is 062603, the last six characters of the IFSC code.