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 Bhatli branch in Bargarh, Bhatli, 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 Bargarh or anywhere in Odisha can transfer funds instantly by using the correct IFSC Code SBIN0012090. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for State Bank Of India, Bhatli, Bargarh

Here are the main details that are associated with the IFSC Code SBIN0012090 of State Bank Of India for its branch located in Bargarh, within the district of Bhatli in the state of Odisha.

Particulars Details
Bank State Bank Of India
IFSC Code SBIN0012090
Branch Bhatli
City Bargarh
District Bhatli
State Odisha
Address Post Bhatli,Near Police Station Bhatli,Dist Bargarh 768030,Orissa

These details help users in online banking and for businesses and individuals who use State Bank Of India in Bargarh for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0012090 for the Bhatli branch of State Bank Of India has a very important role.

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 Bhatli, Bargarh, Odisha, are allotted a unique IFSC like SBIN0012090 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Bargarh.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents confusion between different branches of the same bank in places like Bargarh and Bhatli.
  • 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 Bhatli reaches the right place, even though there are thousands of branches in Odisha and across India.

Format of the IFSC Code SBIN0012090

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 Bhatli in Bargarh.

For example, the IFSC Code SBIN0012090 of State Bank Of India for the Bhatli branch includes these elements, identifying the bank and the branch location in Bargarh and Odisha accurately.

How to Find IFSC Code for State Bank Of India?

If you are trying to find the IFSC Code SBIN0012090 of State Bank Of India for its Bhatli branch located in Bargarh, the following methods can help:

Cheque Book

The cheque books that are issued by State Bank Of India include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.

Passbook

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

Bank Website

Visit the official website of State Bank Of India and find the branch locator section. Search for Bhatli or Bargarh to get the exact IFSC Code SBIN0012090.

Mobile Banking App

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

RBI Website

The Reserve Bank of India maintains an updated database of all IFSC codes to help you in searching for State Bank Of India and Bargarh that will provide accurate information.

How to Use IFSC Code SBIN0012090 for Online Transfers?

If you have the IFSC Code SBIN0012090 for the Bhatli branch of State Bank Of India in Bargarh, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code SBIN0012090. Transfers are processed in batches. Suitable for personal and business payments.

RTGS

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

IMPS

Instant 24×7 transfers. Asks for the recipient's account details and State Bank Of India IFSC Code SBIN0012090.

Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for State Bank Of India Bhatli in Bargarh, it may 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 Bhatli, 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 Bargarh 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 Bhatli, Bargarh?

The IFSC Code is SBIN0012090.

Is the IFSC Code SBIN0012090 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 Bhatli?

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 Bhatli branch?

The address of the branch is Post Bhatli,Near Police Station Bhatli,Dist Bargarh 768030,Orissa located in Bargarh, Bhatli, 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.