SBIN0000516 IFSC Code, STATE BANK OF INDIA, GHATKOPAR (EAST)

IFSC Code of State Bank Of India, Ghatkopar (east), Maharashtra IFSC CODE & MICR CODE

STATE BANK OF INDIA, GHATKOPAR (EAST) - SBIN0000516

Bank name: STATE BANK OF INDIA

Bank Address: Mahatma Gandhi Road, Distt. Greater Bombay, Maharashtra 400077

IFSC Code sbin0000516
Bank Code SBIN
Bank name STATE BANK OF INDIA
Bank contact number
Bank branch GHATKOPAR (EAST)
Bank ISO3166 Code IN-MH
Bank Center GREATER BOMBAY
MICR Code 400002026
State name MAHARASHTRA
District name GREATER BOMBAY
City name MUMBAI
Swift SBININBB517
IMPS No
NEFT No
UPI No
RTGS No

What is an IFSC Code?

The Indian Financial System Code (IFSC) is an 11-character alphanumeric code used to uniquely identify a bank branch for online fund transfers. The IFSC code for STATE BANK OF INDIA, GHATKOPAR (EAST) branch is SBIN0000516, ensures that your transactions are directed to the correct branch.

How to Use SBIN0000516 for Transactions?

NEFT: Use the IFSC code to transfer funds quickly to accounts in other banks.
RTGS: For high-value transactions, the IFSC code ensures your payment is processed instantly.
IMPS: The IFSC code allows 24/7 fund transfers, including weekends and holidays.

What is a MICR Code?

The Magnetic Ink Character Recognition (MICR) code is a 9-digit code used for processing paper-based transactions, such as cheques. For the GHATKOPAR (EAST) branch, this code complements the IFSC code for efficient banking operations.

Benefits of Using the Correct IFSC Code

Accuracy: Ensures your funds are directed to the right branch.
Security: Prevents fraudulent transactions by uniquely identifying each branch.