IFSC Code of State Bank Of India, Santha Kabi Bhima Bhoi Medical College, Bolingir, Odisha — SBIN0061699

For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of State Bank Of India for its Santha Kabi Bhima Bhoi Medical College branch in Bolingir, Bolingir, Odisha, this comprehensive guide will provide you with detailed information.

The banking system in India has changed significantly over the years, and today customers of State Bank Of India located in Bolingir or anywhere in Odisha can transfer funds instantly by using the correct IFSC Code SBIN0061699. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for State Bank Of India, Santha Kabi Bhima Bhoi Medical College, Bolingir

Here are the main details that are associated with the IFSC Code SBIN0061699 of State Bank Of India for its branch located in Bolingir, within the district of Bolingir in the state of Odisha.

These details are essential not only for online banking users but also for businesses and individuals who use State Bank Of India in Bolingir for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0061699 for the Santha Kabi Bhima Bhoi Medical College branch of State Bank Of India plays an important role.

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 SBIN0061699 is given to every bank branch, including State Bank Of India located in Santha Kabi Bhima Bhoi Medical College, Bolingir, 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 Bolingir.
• 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 Bolingir and Bolingir.
• 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 Santha Kabi Bhima Bhoi Medical College doesn't end up at another location.

Format of the IFSC Code SBIN0061699

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

AAAA0CCCCCC

Here's the breakdown of this:

• First 4 characters (AAAA): Represent the bank code. For State Bank Of India, these characters are the bank's short identifier.
• 5th character (0): Always zero which is reserved for future use.
• Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Santha Kabi Bhima Bhoi Medical College in Bolingir.

For example, the IFSC Code SBIN0061699 of State Bank Of India for the Santha Kabi Bhima Bhoi Medical College branch includes these elements, identifying the bank and the branch location in Bolingir and Odisha accurately.

How to Find IFSC Code for State Bank Of India?

If you are trying to find the IFSC Code SBIN0061699 of State Bank Of India for its Santha Kabi Bhima Bhoi Medical College branch located in Bolingir, 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 Bolingir and Bolingir, 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 Santha Kabi Bhima Bhoi Medical College or Bolingir to get the exact IFSC Code SBIN0061699.

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 Bolingir that will provide accurate information.

How to Use IFSC Code SBIN0061699 for Online Transfers?

Once you have the IFSC Code SBIN0061699 for the Santha Kabi Bhima Bhoi Medical College branch of State Bank Of India in Bolingir, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code SBIN0061699. Transfers are processed in batches. This is 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. Requires the recipient's account details and State Bank Of India IFSC Code SBIN0061699.

Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for State Bank Of India Santha Kabi Bhima Bhoi Medical College in Bolingir 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 Santha Kabi Bhima Bhoi Medical College, 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 Bolingir to handle online money transfers and get their cheques cleared smoothly.