IFSC Code of State Bank of India, R and Db Retail Asset Credit Centre Kumta Branch, Karnataka

Below are the complete branch details for State Bank of India, R AND DB RETAIL ASSET CREDIT CENTRE KUMTA branch, located in KUMTA, KARNATAKA. The IFSC assigned by the Reserve Bank of India to this branch is SBIN0063087. Whether you want to transfer money, add a beneficiary, verify a cheque or simply confirm the branch address, you will find authentic, up-to-date information on this page that has been cross-checked against the bank's branch directory and the RBI's master list of participants in the National Electronic Funds Transfer system.

The IFSC code is one of the most frequently asked-for pieces of information when somebody wants to send you money or set up a recurring credit such as a salary, EMI auto-debit or supplier payment. Knowing exactly which IFSC belongs to your branch — in this case SBIN0063087 for State Bank of India – R AND DB RETAIL ASSET CREDIT CENTRE KUMTA — saves you from rejected transfers, returned credits and the back-and-forth that follows them.

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 R AND DB RETAIL ASSET CREDIT CENTRE KUMTA branch, the IFSC SBIN0063087 breaks down as follows: SBIN identifies the bank, 0 is the reserved character, and 063087 identifies this particular branch.

About State Bank of India

State Bank of India operates a wide network of branches across India, including the R and Db Retail Asset Credit Centre Kumta branch in Kumta. 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, SBIN0063087.

Branch details at a glance

About this branch

The branch is located at MAIN ROAD, KUMTA BRANCH, KUMTA,DIST UTTAR KANNADA, KARNATAKA-581343. It serves the Kumta region and is connected to the bank's core banking platform, which means transactions initiated here are instantly visible across all other branches of State Bank of India. The IFSC SBIN0063087 is used to identify this branch on the RBI payments network.

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 R AND DB RETAIL ASSET CREDIT CENTRE KUMTA branch came to be assigned the code SBIN0063087.

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 SBIN0063087, money simply cannot be routed to the R AND DB RETAIL ASSET CREDIT CENTRE KUMTA branch electronically.

Account types you can open at the R and Db Retail Asset Credit Centre Kumta branch

Once you have an account at State Bank of India – R AND DB RETAIL ASSET CREDIT CENTRE KUMTA, the IFSC SBIN0063087 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.

Products and services

Customers walking into the R and Db Retail Asset Credit Centre Kumta 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 SBIN0063087

How to transfer money using IFSC SBIN0063087

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 SBIN0063087 across all three.

How to use IFSC SBIN0063087 for an NEFT transfer

NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to State Bank of India's R AND DB RETAIL ASSET CREDIT CENTRE KUMTA 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 SBIN0063087.
4. Confirm the bank name auto-populates as State Bank of India and the branch as R AND DB RETAIL ASSET CREDIT CENTRE KUMTA.
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 R AND DB RETAIL ASSET CREDIT CENTRE KUMTA

If you need to transfer ₹2 lakh or more in one go to an account at State Bank of India's R AND DB RETAIL ASSET CREDIT CENTRE KUMTA branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC SBIN0063087 while initiating the transfer and the credit will appear within minutes.

IMPS to State Bank of India R AND DB RETAIL ASSET CREDIT CENTRE KUMTA (IFSC SBIN0063087)

IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC SBIN0063087 in your mobile or internet banking app, and the money is credited to the R AND DB RETAIL ASSET CREDIT CENTRE KUMTA branch account within seconds.

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

All three modes accept the IFSC SBIN0063087 for State Bank of India – R AND DB RETAIL ASSET CREDIT CENTRE KUMTA, 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 R and Db Retail Asset Credit Centre Kumta 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 R AND DB RETAIL ASSET CREDIT CENTRE KUMTA branch, the IFSC SBIN0063087 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.

Digital banking channels

Most day-to-day work that customers used to do at the R and Db Retail Asset Credit Centre Kumta branch counter can now be completed digitally — adding a beneficiary, transferring funds, applying for a fixed deposit, raising a service request or downloading account statements. The IFSC SBIN0063087 is the link between the digital channel and the branch ledger; once a transaction is confirmed, the credit or debit is reflected in the same core banking system that the branch officers see.

MICR code & cheque clearing

Apart from IFSC, every cheque book issued by State Bank of India carries a 9-digit MICR (Magnetic Ink Character Recognition) code that is read by cheque-sorting machines. The MICR code, the IFSC SBIN0063087 and the account number together uniquely identify the R and Db Retail Asset Credit Centre Kumta branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.

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 – R AND DB RETAIL ASSET CREDIT CENTRE KUMTA:

• The IFSC is exactly SBIN0063087 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 R AND DB RETAIL ASSET CREDIT CENTRE KUMTA 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 R and Db Retail Asset Credit Centre Kumta branch sits at MAIN ROAD, KUMTA BRANCH, KUMTA,DIST UTTAR KANNADA, KARNATAKA-581343. If you are travelling from outside Kumta, search for the branch on a maps application using the bank name and locality, or call 9448990265 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 SBIN0063087 and your account number.

Other ways to verify the IFSC code

While this page already lists the verified IFSC SBIN0063087 for State Bank of India – R AND DB RETAIL ASSET CREDIT CENTRE KUMTA, you can cross-check the code from any of these sources before initiating a high-value transfer:

• The front of the cheque book issued by the branch – the IFSC is printed at the top of every leaf.
• The first page of your passbook.
• The bank's official website under the branch locator.
• The Reserve Bank of India's IFSC search portal.
• Net banking dashboards usually display the home-branch IFSC under account details.

Working hours

Branch counters at R and Db Retail Asset Credit Centre Kumta are usually open from 10 AM to 4 PM on weekdays. Saturdays follow the RBI's alternate-Saturday rule. Even when the branch is closed, NEFT, RTGS, IMPS and UPI transfers addressed to SBIN0063087 continue to work without interruption.

Branch address & contact

Frequently asked questions

Summary

The IFSC code SBIN0063087 belongs to State Bank of India's R AND DB RETAIL ASSET CREDIT CENTRE KUMTA branch, located at MAIN ROAD, KUMTA BRANCH, KUMTA,DIST UTTAR KANNADA, KARNATAKA-581343 in KUMTA, KARNATAKA. 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.