Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of State Bank Of India for its Kadobahal branch in Barghar, Kadobahal, Odisha, then this guide will give you detailed information.

The banking system has evolved significantly in India, and today the customers of State Bank Of India located in Barghar or anywhere in Odisha can transfer funds instantly by using the correct IFSC Code SBIN0017968. You should definitely 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, Kadobahal, Barghar

Below in the table are the key details related to IFSC Code SBIN0017968 of State Bank Of India for its branch located in Barghar, within the district of Kadobahal in the state of Odisha.

Particulars Details
Bank State Bank Of India
IFSC Code SBIN0017968
Branch Kadobahal
City Barghar
District Kadobahal
State Odisha
Address Atpo Kadobahal Viagodbhoga Disttbargarh Odisha768102

These details help users in online banking and for businesses and individuals who use State Bank Of India in Barghar for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0017968 for the Kadobahal 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, including State Bank Of India located in Kadobahal, Barghar, Odisha, is provided with a unique IFSC like SBIN0017968 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It uniquely identifies the State Bank Of India branch in Barghar.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any errors or confusions between multiple branches of the same bank across different places like Barghar and Kadobahal.
  • It reduces errors in fund transfers and improves accuracy.
  • It allows sender banks to validate and confirm branch details before processing payments.

There are thousands of branches across Odisha and the rest of India and the IFSC Code ensures that transactions meant for State Bank Of India in Kadobahal do not get mixed with another location.

Format of the IFSC Code SBIN0017968

The format of the IFSC Code for banks, including State Bank Of India, follows an 11-character structure:

AAAA0CCCCCC

Here's the breakdown:

  • First 4 characters (AAAA): Show the bank code. For State Bank Of India, these letters represent the bank's short name.
  • 5th character: Is always zero and is kept for future use.
  • Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Kadobahal in Barghar.

For example, the IFSC Code SBIN0017968 of State Bank Of India for the Kadobahal branch includes these elements, identifying the bank and the branch location in Barghar and Odisha accurately.

How to Find IFSC Code for State Bank Of India?

If you are trying to find the IFSC Code SBIN0017968 of State Bank Of India for its Kadobahal branch located in Barghar, 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 Barghar and Kadobahal, 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 Kadobahal or Barghar to get the exact IFSC Code SBIN0017968.

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 Barghar, you'll get the correct details.

How to Use IFSC Code SBIN0017968 for Online Transfers?

If you have the IFSC Code SBIN0017968 for the Kadobahal branch of State Bank Of India in Barghar, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code SBIN0017968. 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 SBIN0017968.

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 Kadobahal in Barghar, 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 Kadobahal, 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 Barghar 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 Kadobahal Barghar?

The IFSC Code of the Kadobahal Barghar branch is SBIN0017968.

Is IFSC Code SBIN0017968 permanent?

Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.

Is IFSC the same as MICR?

No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.

Where can I find the IFSC Code of my bank branch?

You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.

What is the address of the State Bank Of India Kadobahal branch?

The branch is located at Atpo Kadobahal Viagodbhoga Disttbargarh Odisha768102.

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.