SBIN0001950 IFSC Code, STATE BANK OF INDIA, FOCAL POINT CELL, MUMBAI

IFSC Code of State Bank Of India, Focal Point Cell, Mumbai, Maharashtra IFSC CODE & MICR CODE

STATE BANK OF INDIA, FOCAL POINT CELL, MUMBAI - SBIN0001950

  • Bank name: STATE BANK OF INDIA

Bank Address: Dist Brihan Mumbaistate Maharashtrapin 400096

  • IFSC Code sbin0001950
  • Bank Code SBIN
  • Bank name STATE BANK OF INDIA
  • Bank contact number
  • Bank branch FOCAL POINT CELL, MUMBAI
  • Bank ISO3166 Code IN-MH
  • Bank Center BRIHAN MUMBAI
  • MICR Code MICR not provided
  • State name MAHARASHTRA
  • District name BRIHAN MUMBAI
  • City name GREATER BOMBAY
  • Swift Swift not provided
  • IMPS No
  • NEFT No
  • UPI No
  • RTGS Yes

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, FOCAL POINT CELL, MUMBAI branch is SBIN0001950, ensures that your transactions are directed to the correct branch.

How to Use SBIN0001950 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 FOCAL POINT CELL, MUMBAI 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.