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 City Branch Baripada branch in Baripada, Baripada, 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 Baripada or anywhere in Odisha can transfer funds instantly by using the correct IFSC Code SBIN0064671. 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, City Branch Baripada, Baripada
Here are the main details that are associated with the IFSC Code SBIN0064671 of State Bank Of India for its branch located in Baripada, within the district of Baripada in the state of Odisha.
| Particulars | Details |
|---|---|
| Bank | State Bank Of India |
| IFSC Code | SBIN0064671 |
| Branch | City Branch Baripada |
| City | Baripada |
| District | Baripada |
| State | Odisha |
| Address | Sbi,City Branch Baripada,Plot No.406& 407,Ward No.15,1St Floor,Baghra Road,Po/Ps Baripada,Mayurbhanj Dist,Odisha,Pincode-757001 |
These details helps users in online banking and for businesses and individuals who use State Bank Of India in Baripada for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0064671 for the City Branch Baripada branch of State Bank Of India plays a vital role.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including State Bank Of India located in City Branch Baripada, Baripada, Odisha, is provided a unique IFSC like SBIN0064671 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the State Bank Of India branch in Baripada.
- Helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any confusions between multiple branches of the same bank across different places like Baripada and Baripada.
- It reduces most of the errors in fund transfers and makes sure its accuracy.
- It enables sender banks to validate and confirm branch details before processing payments.
For thousands of branches across Odisha and the rest of India, the IFSC Code ensures that transactions meant for State Bank Of India in City Branch Baripada do not get misguided to another person.
Format of the IFSC Code SBIN0064671
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): These represent the bank code. In State Bank Of India, they are a short identifier for the bank.
- 5th character (0): This is always zero and is reserved for future use.
- Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like City Branch Baripada in Baripada.
For example, the IFSC Code SBIN0064671 of State Bank Of India for the City Branch Baripada branch has these elements, identifying the bank and the branch location in Baripada and Odisha correctly.
How to Find IFSC Code for State Bank Of India?
If you are looking for the IFSC Code SBIN0064671 of State Bank Of India for its City Branch Baripada branch located in Baripada, 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 Baripada and Baripada, 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 City Branch Baripada or Baripada to get the exact IFSC Code SBIN0064671.
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 Baripada, then it will provide you proper information.
How to Use IFSC Code SBIN0064671 for Online Transfers?
Once you have the IFSC Code SBIN0064671 for the City Branch Baripada branch of State Bank Of India in Baripada, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code SBIN0064671. 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 SBIN0064671.
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 City Branch Baripada in Baripada, your payment can get delayed or might not go through at all.
Finding the MICR Code
MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of State Bank Of India in City Branch Baripada, you can find it by any of the following ways:
- Check the bottom of your cheque leaf.
- Go to the first page of your passbook.
- Visit the official State Bank Of India website.
- Search the RBI portal.
Having both IFSC and MICR codes helps account holders in Baripada manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is SBIN0064671.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Sbi,City Branch Baripada,Plot No.406& 407,Ward No.15,1St Floor,Baghra Road,Po/Ps Baripada,Mayurbhanj Dist,Odisha,Pincode-757001 located in Baripada, Baripada, Odisha.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.