IFSC Code of State Bank of India, Panchshlok Char Rasta, Chandkheda Branch, Gujarat

If you are searching for the IFSC code of State Bank of India, PANCHSHLOK CHAR RASTA, CHANDKHEDA branch in AHMEDABAD, GUJARAT, this page has every detail you need. The verified IFSC code for this branch is SBIN0061408. You can use it for NEFT, RTGS and IMPS fund transfers, online banking add-payee actions, UPI mandates and any other electronic payment request that asks for an Indian Financial System Code. The information on this page is curated specifically for customers, remitters, employers and businesses who need to credit funds to an account maintained at this branch, and it is structured so you can find what you need within a few seconds of landing here.

You will see the complete branch address, the area STD code and phone number, the city and state, the day-to-day banking services that are typically offered at the PANCHSHLOK CHAR RASTA, CHANDKHEDA branch, and detailed step-by-step guides for using the IFSC SBIN0061408 across NEFT, RTGS and IMPS rails. A frequently-asked-questions section at the end answers the most common queries we receive about this particular branch.

An IFSC (Indian Financial System Code) is an 11-character alphanumeric code issued by the Reserve Bank of India. It uniquely identifies every bank branch that participates in the RBI's electronic fund-transfer systems – NEFT, RTGS and IMPS. The first four characters represent the bank, the fifth is always a zero (reserved for future use), and the last six characters identify the specific branch.

For State Bank of India's PANCHSHLOK CHAR RASTA, CHANDKHEDA branch, the IFSC SBIN0061408 breaks down as follows: SBIN identifies the bank, 0 is the reserved character, and 061408 identifies this particular branch.

Branch details at a glance

About State Bank of India

State Bank of India operates a wide network of branches across India, including the Panchshlok Char Rasta, Chandkheda branch in Ahmedabad. Each branch is enabled for NEFT, RTGS, IMPS and core banking, allowing customers to send and receive money anywhere in the country using a unique IFSC – in this case, SBIN0061408.

Panchshlok Char Rasta, Chandkheda branch overview

Located at NR.PANCHSHLOK CHAR RASTA,CHANDKHEDA,AHMEDABAD,GUJARAT,PIN CODE 382424, the Panchshlok Char Rasta, Chandkheda branch handles regular banking operations such as account opening, fixed and recurring deposits, locker facilities, loans, and trade finance services where applicable. The IFSC SBIN0061408 is required for all interbank electronic transfers routed through this branch.

The role of IFSC in India's payments network

India's electronic payment infrastructure — NEFT, RTGS, IMPS, UPI and the National Automated Clearing House (NACH) — is built on a single principle: every participating bank branch must be uniquely identifiable by an alphanumeric code. The Reserve Bank of India introduced the IFSC system to fulfil this requirement, and that is how State Bank of India's PANCHSHLOK CHAR RASTA, CHANDKHEDA branch came to be assigned the code SBIN0061408.

Whether you are receiving a salary on the first of the month, paying a vendor invoice, settling an EMI, or accepting a refund from an e-commerce platform, the IFSC is the silent piece of metadata that tells the network where your account lives. Without IFSC SBIN0061408, money simply cannot be routed to the PANCHSHLOK CHAR RASTA, CHANDKHEDA branch electronically.

How to transfer money using IFSC SBIN0061408

Online transfers in India are powered by three major channels — NEFT, RTGS and IMPS — and each one requires a destination IFSC. Below is a quick guide for using IFSC SBIN0061408 across all three.

How to use IFSC SBIN0061408 for an NEFT transfer

NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to State Bank of India's PANCHSHLOK CHAR RASTA, CHANDKHEDA branch. NEFT now settles on a 24x7 basis in half-hourly batches and has no upper limit for retail customers (individual banks may impose their own caps).

1. Log in to your internet banking or mobile banking app.
2. Choose Add Beneficiary and select NEFT / Other Bank.
3. Enter the beneficiary name, account number and the IFSC SBIN0061408.
4. Confirm the bank name auto-populates as State Bank of India and the branch as PANCHSHLOK CHAR RASTA, CHANDKHEDA.
5. Approve the beneficiary using OTP. Once activated, transfer any amount and the credit will reflect in the next NEFT cycle.

RTGS transfers via IFSC SBIN0061408

RTGS (Real-Time Gross Settlement) is the fastest high-value transfer mechanism in India. It is meant for transfers of ₹2 lakh and above and settles each transaction individually and instantly. To remit through RTGS to State Bank of India – PANCHSHLOK CHAR RASTA, CHANDKHEDA, ensure your bank's portal accepts IFSC SBIN0061408 while registering the beneficiary. RTGS is also available 24x7.

IMPS to State Bank of India PANCHSHLOK CHAR RASTA, CHANDKHEDA (IFSC SBIN0061408)

IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC SBIN0061408 in your mobile or internet banking app, and the money is credited to the PANCHSHLOK CHAR RASTA, CHANDKHEDA branch account within seconds.

Comparing NEFT, RTGS and IMPS for transfers to Panchshlok Char Rasta, Chandkheda

The right transfer rail depends on how urgent the payment is, how large it is, and whether the receiving bank participates in the chosen scheme. Every option below works with the IFSC SBIN0061408:

• NEFT — best for everyday transfers of any amount; settles in half-hourly batches around the clock.
• RTGS — best for transfers of ₹2 lakh and above; settles each transaction individually in real time.
• IMPS — best when speed matters more than batch scheduling; instant credit up to ₹5 lakh.
• UPI — best for small peer-to-peer payments using a VPA; the underlying account at PANCHSHLOK CHAR RASTA, CHANDKHEDA is still linked to IFSC SBIN0061408.

For salary credits, vendor payouts and refunds, employers and merchants usually default to NEFT because of its zero per-transaction cost for retail customers and its 24x7 availability.

How UPI relates to the IFSC code

UPI lets you pay using a short Virtual Payment Address instead of typing the IFSC every time, but behind the scenes every UPI mandate is mapped to an account number plus an IFSC. For accounts at State Bank of India's PANCHSHLOK CHAR RASTA, CHANDKHEDA branch, the IFSC SBIN0061408 is what the National Payments Corporation of India (NPCI) uses to route the credit when you tap Pay on a UPI app.

That is why, even in the UPI era, it is still worth knowing the IFSC of your home branch — for failed UPI mandates, e-mandate set-ups, third-party platform onboarding and salary or refund credits.

Account types you can open at the Panchshlok Char Rasta, Chandkheda branch

Once you have an account at State Bank of India – PANCHSHLOK CHAR RASTA, CHANDKHEDA, the IFSC SBIN0061408 stays the same regardless of the type of account you hold. The branch typically supports the following options:

• Savings account — for individuals, with chequebook, ATM card and net-banking access.
• Current account — for sole proprietors, partnerships and companies that need higher transaction volumes.
• Salary account — opened in bulk for corporate employees, often with zero-balance benefits.
• NRE / NRO accounts — for non-resident Indians who want to repatriate or maintain rupee balances in India.
• Fixed deposit and recurring deposit — term-based investment accounts with quarterly or cumulative interest.
• Senior citizen accounts — concessional minimum balance and a small interest rate premium on FDs.
• Minor and student accounts — operated jointly with a guardian until the customer turns 18.

Eligibility, minimum balance and KYC requirements vary by product. Speak to a relationship officer at the branch for the latest schedule of charges and interest rates.

Banking services available

The Panchshlok Char Rasta, Chandkheda branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 7600044939.

• Savings, current and salary accounts
• Fixed deposits and recurring deposits
• Personal, vehicle and home loans
• Demat and investment products (where supported)
• Internet banking and mobile banking enrolment
• Debit and credit card issuance
• Locker facilities (subject to availability)
• Foreign exchange services (at authorised branches)
• Bill payments, demand drafts and pay orders
• NEFT / RTGS / IMPS / UPI fund transfers using IFSC SBIN0061408

MICR & cheque-truncation details

Cheques drawn on the Panchshlok Char Rasta, Chandkheda branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC SBIN0061408 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.

Online banking and IFSC SBIN0061408

State Bank of India customers can register for net banking and the bank's official mobile app once their account at the PANCHSHLOK CHAR RASTA, CHANDKHEDA branch is active. Net banking lets you view balances, download statements, open fixed deposits, request cheque books and initiate NEFT/RTGS/IMPS transfers — all without setting foot in the branch. The IFSC SBIN0061408 is pre-filled by the bank for transfers originating from your own account, and you only need to enter it manually when adding an external beneficiary or sharing your account details with a third party.

Common mistakes to avoid when using IFSC SBIN0061408

An incorrect IFSC almost always results in a failed transfer or, worse, a credit to the wrong branch. Before you click Confirm on a transfer to State Bank of India – PANCHSHLOK CHAR RASTA, CHANDKHEDA, double-check for these issues:

• Confusing 0 with O. The fifth character of every IFSC is the digit 0, not the letter O. Read carefully.
• Spaces or hyphens. Do not put spaces in the IFSC. It is exactly 11 characters: SBIN0061408.
• Wrong branch. A bank can have dozens of branches in the same city. Make sure you are using the IFSC for the actual branch where the beneficiary holds the account, not just any nearby branch.
• Old IFSC after a merger. If two banks have merged, the IFSC may have been reissued. Always verify with a recent passbook or cheque leaf.
• Copy-paste from chat. Auto-correct on phones can silently change letters in IFSC codes. Type carefully or copy from a trusted source like the cheque book.

How to reach the Panchshlok Char Rasta, Chandkheda branch

The branch is located at NR.PANCHSHLOK CHAR RASTA,CHANDKHEDA,AHMEDABAD,GUJARAT,PIN CODE 382424, which puts it inside Ahmedabad, the broader Ahmedabad district, and the state of Gujarat. To plan your visit:

1. Open Google Maps on your phone and search for “State Bank of India Panchshlok Char Rasta, Chandkheda branch” — the verified location pin for IFSC SBIN0061408 should appear at the top of the results.
2. Confirm the branch is open by calling 7600044939 before stepping out, especially around public holidays.
3. Carry photo ID and any account-related documents you may need for the transaction you plan to do.

Most banking work — passbook updates, fund transfers, statement downloads — can also be completed online without visiting the branch in person, as long as you know the IFSC SBIN0061408 and your account number.

Verifying IFSC SBIN0061408 from official sources

The IFSC listed on this page is sourced from the RBI's master list and validated against the bank's branch directory. To double-check before transferring large sums, you can also confirm SBIN0061408 by:

• Looking at the cheque leaf – IFSC is printed near the MICR band.
• Opening the passbook's first page.
• Calling the branch directly on 7600044939.
• Visiting the bank's official branch locator page.

Branch banking hours and holidays

Indian bank branches typically operate from 10:00 AM to 4:00 PM, Monday to Friday, and from 10:00 AM to 2:00 PM on working Saturdays (usually the 1st, 3rd and 5th Saturdays). The Panchshlok Char Rasta, Chandkheda branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC SBIN0061408, however, work 24x7.

Branch address & contact

Frequently asked questions

Summary

The IFSC code SBIN0061408 belongs to State Bank of India's PANCHSHLOK CHAR RASTA, CHANDKHEDA branch, located at NR.PANCHSHLOK CHAR RASTA,CHANDKHEDA,AHMEDABAD,GUJARAT,PIN CODE 382424 in AHMEDABAD, GUJARAT. Use this code along with the beneficiary's account number for any NEFT, RTGS or IMPS transfer to this branch. Bookmark this page for quick reference whenever you need the branch's banking details.