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State Bank of India · Bhilwara

SBIN0062401: State Bank of India, Racc Bhilwara I

IFSC code SBIN0062401 belongs to the Racc Bhilwara I branch of State Bank of India in Bhilwara, Rajasthan. Its MICR code is 311002054.

IFSC
SBIN0062401
MICR
311002054
Bank
State Bank of India
Branch
Racc Bhilwara I
District
Bhilwara
State
Rajasthan
Phone
+919099025538

Branch address

State Bank of India
New Building

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Payment systems

SystemOn RBI's list for this branchWhat it is for
NEFTYesTransfers of any amount, settled in half-hourly batches, all day
RTGSYesLarge transfers (₹2 lakh and above), settled one by one in real time
IMPSYesInstant transfers, any time, usually for smaller amounts
UPIYesPayments by UPI ID or mobile number from apps

Reading this IFSC

SBIN is State Bank of India's bank code, the fifth character 0 is kept for future use, and 062401 is the code of the Racc Bhilwara I branch. In the MICR code 311002054, 311 is the city, 002 the bank and 054 the branch.

Other State Bank of India branches in Bhilwara

All 53 State Bank of India branches in Bhilwara

IFSC and your loan

When you take a loan through Oxon Fintech, the lending partner (a bank or NBFC) pays the money straight into your own bank account, so the application asks for your account number and its IFSC. Check both against your passbook or cheque book: a wrong IFSC can delay the payment. Oxon never asks for your OTP, PIN, CVV or passwords.

Data: the Reserve Bank of India's list of NEFT and RTGS bank branches, as compiled by Razorpay's open-source IFSC dataset. Bank details change from time to time (branches merge, move or close); confirm the IFSC with your bank or on your cheque book before you send money. Oxon Fintech is a loan platform, not a bank, and is not linked to the banks listed.

01 FAQ

Common questions.

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  1. The IFSC of State Bank of India's Racc Bhilwara I branch (Bhilwara, Rajasthan) is SBIN0062401.

  2. 311002054. MICR is printed at the bottom of the branch's cheques.

  3. New Building

  4. RBI's list shows this branch on NEFT, RTGS, IMPS and UPI. Use the IFSC SBIN0062401 with the beneficiary's account number.

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