SBM Bank, CENTRALISED COLLECTION AND PAYMENTS TEAM, MUMBAI Branch IFSC Code

The IFSC code STCB00CCPT1 is assigned to SBM Bank, CENTRALISED COLLECTION AND PAYMENTS TEAM located in MUMBAI, MAHARASHTRA. This code is required for electronic fund transfers like NEFT, RTGS, and IMPS transactions.

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Bank Details

Bank Name SBM Bank
IFSC Code STCB00CCPT1
Branch Code 0CCPT1
Branch CENTRALISED COLLECTION AND PAYMENTS TEAM
City MUMBAI
District MUMBAI
State MAHARASHTRA
Address SBM BANK INDIA LTD,SBM BANK,1ST FLOOR RAHEJA CENTRE,FREE PRESS JOURNAL MARG,NARIMAN POINT MUMBAI-400021 Maps

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Understanding IFSC and MICR Codes

What is IFSC Code?

IFSC (Indian Financial System Code) is an 11-character alphanumeric code used to identify bank branches in India. It is essential for electronic fund transfers through NEFT, RTGS, and IMPS systems.

STCB Bank Code
0 Reserved (0)
0CCPT1 Branch Code

What is MICR Code?

MICR (Magnetic Ink Character Recognition) is a 9-digit code printed on cheques. It helps in faster processing of cheques through automated reading.

When to Use These Codes?

  • NEFT Transfer: Use IFSC code for National Electronic Funds Transfer (available 24x7)
  • RTGS Transfer: Use IFSC code for Real Time Gross Settlement (for amounts ≥ ₹2 lakhs)
  • IMPS Transfer: Use IFSC code for Immediate Payment Service (instant transfers)
  • Cheque Processing: MICR code is printed on cheques for automated clearing

Frequently Asked Questions

IFSC Code STCB00CCPT1 is the Indian Financial System Code assigned to SBM Bank, CENTRALISED COLLECTION AND PAYMENTS TEAM branch in MUMBAI, MAHARASHTRA. This 11-character code uniquely identifies this bank branch in India's electronic payment systems.

This branch is located in MUMBAI, MUMBAI, MAHARASHTRA. The full address is: SBM BANK INDIA LTD,SBM BANK,1ST FLOOR RAHEJA CENTRE,FREE PRESS JOURNAL MARG,NARIMAN POINT MUMBAI-400021

The branch code is 0CCPT1. This is the last 6 characters of the IFSC code that uniquely identifies this specific branch of SBM Bank.

This branch supports the following electronic fund transfer services:

  • NEFT - Available
  • RTGS - Available
  • IMPS - Available
  • UPI - Available

To use this IFSC code for fund transfers:

  1. Log in to your bank's internet banking or mobile app
  2. Navigate to fund transfer section (NEFT/RTGS/IMPS)
  3. Enter the beneficiary's account number
  4. Enter IFSC Code: STCB00CCPT1
  5. Verify the bank and branch details auto-populated
  6. Complete the transfer
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