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 Jagatpur Ind Est, Cuttack branch in Cuttack, Cuttack, 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 Cuttack or anywhere in Odisha can transfer funds instantly by using the correct IFSC Code SBIN0007517. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for State Bank Of India, Jagatpur Ind Est, Cuttack, Cuttack
Here are the main details that are associated with the IFSC Code SBIN0007517 of State Bank Of India for its branch located in Cuttack, within the district of Cuttack in the state of Odisha.
| Particulars | Details |
|---|---|
| Bank | State Bank Of India |
| IFSC Code | SBIN0007517 |
| Branch | Jagatpur Ind Est, Cuttack |
| City | Cuttack |
| District | Cuttack |
| State | Odisha |
| Address | New.Industrial.Estate,Jagatpur,Cuttack,Orissa,Pin.754021. |
These details helps users in online banking and for businesses and individuals who use State Bank Of India in Cuttack for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0007517 for the Jagatpur Ind Est, Cuttack 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, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, along with State Bank Of India located in Jagatpur Ind Est, Cuttack, Cuttack, Odisha, are allotted a unique IFSC like SBIN0007517 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Cuttack.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Cuttack and Cuttack.
- 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 Jagatpur Ind Est, Cuttack reaches the right place, even though there are thousands of branches in Odisha and across India.
Format of the IFSC Code SBIN0007517
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 Jagatpur Ind Est, Cuttack in Cuttack.
For example, the IFSC Code SBIN0007517 of State Bank Of India for the Jagatpur Ind Est, Cuttack branch includes these elements, identifying the bank and the branch location in Cuttack and Odisha accurately.
How to Find IFSC Code for State Bank Of India?
To find the IFSC Code SBIN0007517 of State Bank Of India for its Jagatpur Ind Est, Cuttack branch located in Cuttack, the following methods can help you out:
Cheque Book
The cheque book issued by State Bank Of India includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.
Passbook
Most banks, including State Bank Of India branches in Cuttack and Cuttack, 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 go to the branch locator section. Then search for Jagatpur Ind Est, Cuttack or Cuttack to find the exact IFSC Code SBIN0007517.
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 maintains an updated database of all IFSC codes. Searching for State Bank Of India and Cuttack will provide accurate information.
How to Use IFSC Code SBIN0007517 for Online Transfers?
Once you have the IFSC Code SBIN0007517 for the Jagatpur Ind Est, Cuttack branch of State Bank Of India in Cuttack, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code SBIN0007517. 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 SBIN0007517.
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 Jagatpur Ind Est, Cuttack in Cuttack 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 Jagatpur Ind Est, Cuttack, here are some ways that you can get 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.
If you know both IFSC and MICR codes, then it can help account holders in Cuttack manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is SBIN0007517.
Yes, but there can be changes during mergers or restructuring.
No, MICR is for cheque clearing and the IFSC is for online transfers.
You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is New.Industrial.Estate,Jagatpur,Cuttack,Orissa,Pin.754021. located in Cuttack, Cuttack, Odisha.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.