IFSC Code of State Bank of India, Fimm Racc Khamgaon Branch, Maharashtra

Use this page as a one-stop reference for everything related to State Bank of India's FIMM RACC KHAMGAON branch in KHAMGAON, MAHARASHTRA. The branch's IFSC code SBIN0062912 is the key identifier you need whenever a remitter, employer or biller asks for a bank routing number to send funds to an account held at this branch. We have also included the branch's postal address, telephone number, banking hours, common services, and an extensive FAQ block that should answer almost every question that comes up when you are about to add this branch as a beneficiary in your net-banking app for the first time.

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 FIMM RACC KHAMGAON branch, the IFSC SBIN0062912 breaks down as follows: SBIN identifies the bank, 0 is the reserved character, and 062912 identifies this particular branch.

About State Bank of India

State Bank of India operates a wide network of branches across India, including the Fimm Racc Khamgaon branch in Khamgaon. 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, SBIN0062912.

Branch details at a glance

Fimm Racc Khamgaon branch overview

Located at AT SBI ADB KHAMGAON BRANCH, NANDURA ROAD, KHAMGAON, DIST BULDANA, PIN 444303, the Fimm Racc Khamgaon branch handles regular banking operations such as account opening, fixed and recurring deposits, locker facilities, loans, and trade finance services where applicable. The IFSC SBIN0062912 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 FIMM RACC KHAMGAON branch came to be assigned the code SBIN0062912.

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 SBIN0062912, money simply cannot be routed to the FIMM RACC KHAMGAON branch electronically.

Products and account variants supported

Every account opened at the Fimm Racc Khamgaon branch is mapped to IFSC SBIN0062912 on the RBI payments network. The branch generally supports the full retail product catalogue of State Bank of India, including:

• Resident savings accounts and salary accounts
• Current accounts for businesses and professionals
• Fixed deposits, recurring deposits and tax-saver deposits
• Demand drafts, banker's cheques and pay orders
• Retail loans — personal, vehicle, education, gold and home
• Credit cards and overdraft facilities (subject to eligibility)
• Third-party investment products such as mutual funds and insurance (through tie-ups)

Whichever product you choose, the IFSC for incoming credits remains SBIN0062912.

Products and services

Customers walking into the Fimm Racc Khamgaon branch can access most of State Bank of India's standard product suite, including:

• Account opening – savings, current, NRI, salary
• Term deposits and recurring deposits
• Retail and small-business loans
• Insurance and mutual-fund tie-ups
• Locker, safe deposit and ATM card services
• Online and mobile banking activation
• Electronic transfers via IFSC SBIN0062912

How to transfer money using IFSC SBIN0062912

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 SBIN0062912 across all three.

How to use IFSC SBIN0062912 for an NEFT transfer

NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to State Bank of India's FIMM RACC KHAMGAON 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 SBIN0062912.
4. Confirm the bank name auto-populates as State Bank of India and the branch as FIMM RACC KHAMGAON.
5. Approve the beneficiary using OTP. Once activated, transfer any amount and the credit will reflect in the next NEFT cycle.

Real-Time Gross Settlement to FIMM RACC KHAMGAON

If you need to transfer ₹2 lakh or more in one go to an account at State Bank of India's FIMM RACC KHAMGAON branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC SBIN0062912 while initiating the transfer and the credit will appear within minutes.

IMPS to State Bank of India FIMM RACC KHAMGAON (IFSC SBIN0062912)

IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC SBIN0062912 in your mobile or internet banking app, and the money is credited to the FIMM RACC KHAMGAON branch account within seconds.

NEFT vs RTGS vs IMPS — which one should you use?

All three modes accept the IFSC SBIN0062912 for State Bank of India – FIMM RACC KHAMGAON, but they differ in speed, minimum amount and use case. The table below summarises the differences so you can pick the right channel for the situation at hand.

For most retail customers crediting the Fimm Racc Khamgaon branch, NEFT or IMPS will be the quickest and most economical option. RTGS comes in for one-off, high-value movements such as property purchases, vendor settlements or large gifts.

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 FIMM RACC KHAMGAON branch, the IFSC SBIN0062912 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.

Online banking and IFSC SBIN0062912

State Bank of India customers can register for net banking and the bank's official mobile app once their account at the FIMM RACC KHAMGAON 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 SBIN0062912 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.

MICR & cheque-truncation details

Cheques drawn on the Fimm Racc Khamgaon branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC SBIN0062912 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.

Things to verify before sending money

Banking errors are usually small typos that snowball into delayed credits and customer-care follow-ups. Use this short checklist before you confirm any transfer to State Bank of India – FIMM RACC KHAMGAON:

• The IFSC is exactly SBIN0062912 with no extra spaces.
• The beneficiary's account number matches what they shared, digit for digit.
• The portal auto-fills State Bank of India as the bank name and FIMM RACC KHAMGAON as the branch.
• The amount and the purpose of payment are correct.
• You have a valid OTP-verifying mobile number on hand.

A 30-second review here saves hours of reconciliation later.

Reaching the branch

The Fimm Racc Khamgaon branch sits at AT SBI ADB KHAMGAON BRANCH, NANDURA ROAD, KHAMGAON, DIST BULDANA, PIN 444303. If you are travelling from outside Khamgaon, search for the branch on a maps application using the bank name and locality, or call 7588639193 to ask for landmarks. Many customers find it easier to skip the trip altogether: net banking, mobile apps, NEFT, RTGS, IMPS and UPI all work using the IFSC SBIN0062912 and your account number.

Verifying IFSC SBIN0062912 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 SBIN0062912 by:

• Looking at the cheque leaf – IFSC is printed near the MICR band.
• Opening the passbook's first page.
• Calling the branch directly on 7588639193.
• 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 Fimm Racc Khamgaon branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC SBIN0062912, however, work 24x7.

Branch address & contact

Frequently asked questions

Summary

The IFSC code SBIN0062912 belongs to State Bank of India's FIMM RACC KHAMGAON branch, located at AT SBI ADB KHAMGAON BRANCH, NANDURA ROAD, KHAMGAON, DIST BULDANA, PIN 444303 in KHAMGAON, MAHARASHTRA. 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.