The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of State Bank Of India for its Jaleswar branch in Balasore, Jaleswar, Odisha, this complete guide will provide you with detailed information.

The banking system in India has changed over the years, and today customers of State Bank Of India located in Balasore or anywhere in Odisha can transfer funds instantly by using the correct IFSC Code SBIN0006081. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for State Bank Of India, Jaleswar, Balasore

Below in the table are the key details related to IFSC Code SBIN0006081 of State Bank Of India for its branch located in Balasore, within the district of Jaleswar in the state of Odisha.

Particulars Details
Bank State Bank Of India
IFSC Code SBIN0006081
Branch Jaleswar
City Balasore
District Jaleswar
State Odisha
Address Dist Balasore, Orissa 756032

These details are important not only for users using online banking but also for businesses and individuals who use State Bank Of India in Balasore for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code SBIN0006081 for the Jaleswar 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 that is provided by the Reserve Bank of India. A unique IFSC like SBIN0006081 is given to every bank branch, including State Bank Of India located in Jaleswar, Balasore, Odisha, to make sure that online payments reach the right place.

The IFSC Code is important because:

  • It uniquely identifies the State Bank Of India branch in Balasore.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any kind of confusion between multiple branches of the same bank across different places like Balasore and Jaleswar.
  • It removes errors in fund transfers and improves accuracy.
  • It lets the sender banks validate and confirm branch details before they process the payments.

There are thousands of branches across Odisha and the rest of India, which is why the IFSC Code ensures that transactions meant for State Bank Of India in Jaleswar doesn't end up at another location.

Format of the IFSC Code SBIN0006081

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 Jaleswar in Balasore.

For example, the IFSC Code SBIN0006081 of State Bank Of India for the Jaleswar branch includes these elements, identifying the bank and the branch location in Balasore and Odisha accurately.

How to Find IFSC Code for State Bank Of India?

If you are looking for the IFSC Code SBIN0006081 of State Bank Of India for its Jaleswar branch located in Balasore, the following methods can help:

Cheque Book

The cheque book that is issued by State Bank Of India includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.

Passbook

Most of the banks, including State Bank Of India branches in Balasore and Jaleswar, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

You can visit the official website of State Bank Of India and look for the branch locator section, then search for Jaleswar or Balasore to get the exact IFSC Code SBIN0006081.

Mobile Banking App

If you use State Bank Of India's mobile app, you can check your account details to easily find your branch's IFSC code.

RBI Website

The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for State Bank Of India and Balasore, then it will provide you proper information.

How to Use IFSC Code SBIN0006081 for Online Transfers?

Once you have the IFSC Code SBIN0006081 for the Jaleswar branch of State Bank Of India in Balasore, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code SBIN0006081. Transfers are processed in batches. Suitable for personal and business payments.

RTGS

Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.

IMPS

Instant 24×7 transfers. You need the recipient's account details and State Bank Of India IFSC Code SBIN0006081.

Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for State Bank Of India Jaleswar in Balasore, it can result in delayed or failed transactions.

Finding the MICR Code

MICR codes are used for cheque clearance and differ from IFSC codes. If you are looking for the MICR code of State Bank Of India in Jaleswar, here are some ways to obtain 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.

Having both the IFSC and MICR codes makes it easy for account holders in Balasore to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of State Bank Of India in Jaleswar, Balasore?

The IFSC Code is SBIN0006081.

Is the IFSC Code SBIN0006081 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

Where can I find the IFSC Code of State Bank Of India Jaleswar?

You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Jaleswar branch?

The address of the branch is Dist Balasore, Orissa 756032 located in Balasore, Jaleswar, Odisha.

What is the use of IFSC Code in online banking?

The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.