There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of State Bank Of India for its Rengali Dam Project branch in Angul, Angul, Odisha, then this comprehensive guide will provide you with detailed information.
The banking system in India has changed over time, and today the customers of State Bank Of India situated in Angul or anywhere in Odisha can easily transfer funds instantly by using the correct IFSC Code SBIN0004521. You should know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.
Details of IFSC Code for State Bank Of India, Rengali Dam Project, Angul
The table below shows the main details of the IFSC Code SBIN0004521 for the State Bank Of India branch in Angul, which falls under the Angul district in Odisha.
| Particulars | Details |
|---|---|
| Bank | State Bank Of India |
| IFSC Code | SBIN0004521 |
| Branch | Rengali Dam Project |
| City | Angul |
| District | Angul |
| State | Odisha |
| Address | Rdprojectrengali |
These details are important not only for users using online banking but also for businesses and individuals who use State Bank Of India in Angul for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code SBIN0004521 for the Rengali Dam Project branch of State Bank Of India is vital.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, along with State Bank Of India located in Rengali Dam Project, Angul, Odisha, are allotted a unique IFSC like SBIN0004521 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Angul.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Angul and Angul.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It makes sure that money sent to State Bank Of India in Rengali Dam Project reaches the right place, even though there are thousands of branches in Odisha and across India.
Format of the IFSC Code SBIN0004521
This is the format of the IFSC Code for banks, including State Bank Of India, follows an 11-character structure:
AAAA0CCCCCC
Here's the explanation:
- First 4 characters (AAAA): This is the bank code. For State Bank Of India, these characters are the bank's short identifier.
- 5th character (0): This stays zero till there is any future use.
- Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Rengali Dam Project in Angul.
For example, the IFSC Code SBIN0004521 of State Bank Of India for the Rengali Dam Project branch includes these elements, identifying the bank and the branch location in Angul and Odisha accurately.
How to Find IFSC Code for State Bank Of India?
If you are trying to find the IFSC Code SBIN0004521 of State Bank Of India for its Rengali Dam Project branch located in Angul, the following methods can help:
Cheque Book
The cheque book issued by State Bank Of India includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.
Passbook
Most banks, including State Bank Of India branches in Angul and Angul, print the IFSC and MICR codes on the first page of your passbook.
Bank Website
Visit the official website of State Bank Of India and navigate to the branch locator section. Search for Rengali Dam Project or Angul to get the exact IFSC Code SBIN0004521.
Mobile Banking App
If you use State Bank Of India's mobile app, you can check your account details to find your branch's IFSC code.
RBI Website
The Reserve Bank of India keeps an updated list of all IFSC codes. If you search for State Bank Of India and Angul, you'll get the correct details.
How to Use IFSC Code SBIN0004521 for Online Transfers?
Once you have the IFSC Code SBIN0004521 for the Rengali Dam Project branch of State Bank Of India in Angul, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code SBIN0004521. The transfer is completed in batches. It is useful for both personal and business payments.
RTGS
Used for payments over ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. Requires the recipient's account details and State Bank Of India IFSC Code SBIN0004521.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the State Bank Of India Rengali Dam Project in Angul, your payment can get delayed or might not go through at all.
Finding the MICR Code
MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of State Bank Of India in Rengali Dam Project, here are some of the ways you can get it:
- Check the bottom of your cheque leaf.
- Refer to the first page of your passbook.
- Visit the official State Bank Of India website.
- Search the RBI portal.
Knowing both IFSC and MICR code can help account holders in Angul manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code of the Rengali Dam Project Angul branch is SBIN0004521.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at Rdprojectrengali.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.