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 Nizagarh Hindol branch in Dhenkanal, Dhenkanal, 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 Dhenkanal or anywhere in Odisha can transfer funds instantly by using the correct IFSC Code SBIN0017775. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for State Bank Of India, Nizagarh Hindol, Dhenkanal

Here are some of the key details that come with the IFSC Code SBIN0017775 of State Bank Of India for its branch located in Dhenkanal, within the district of Dhenkanal in the state of Odisha.

Particulars Details
Bank State Bank Of India
IFSC Code SBIN0017775
Branch Nizagarh Hindol
City Dhenkanal
District Dhenkanal
State Odisha
Address Bibhuti Complex,In Front Of Bus Stand,At By Po Hindol,Distt.Dhenkanal.Odisha 759022

These details help users in online banking and for businesses and individuals who use State Bank Of India in Dhenkanal for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0017775 for the Nizagarh Hindol 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 Nizagarh Hindol, Dhenkanal, Odisha, are allotted a unique IFSC like SBIN0017775 to ensure that online payments reach the right destination.

The IFSC Code is important because:

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

Format of the IFSC Code SBIN0017775

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 Nizagarh Hindol in Dhenkanal.

For example, the IFSC Code SBIN0017775 of State Bank Of India for the Nizagarh Hindol branch includes these elements, identifying the bank and the branch location in Dhenkanal and Odisha accurately.

How to Find IFSC Code for State Bank Of India?

If you are trying to find the IFSC Code SBIN0017775 of State Bank Of India for its Nizagarh Hindol branch located in Dhenkanal, 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 Dhenkanal and Dhenkanal, 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 Nizagarh Hindol or Dhenkanal to get the exact IFSC Code SBIN0017775.

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 Dhenkanal that will provide accurate information.

How to Use IFSC Code SBIN0017775 for Online Transfers?

Once you have the IFSC Code SBIN0017775 for the Nizagarh Hindol branch of State Bank Of India in Dhenkanal, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code SBIN0017775. 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 SBIN0017775.

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 Nizagarh Hindol in Dhenkanal 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 Nizagarh Hindol, 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 Dhenkanal 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 Nizagarh Hindol Dhenkanal?

The IFSC Code of the Nizagarh Hindol Dhenkanal branch is SBIN0017775.

Is IFSC Code SBIN0017775 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 Nizagarh Hindol branch?

The branch is located at Bibhuti Complex,In Front Of Bus Stand,At By Po Hindol,Distt.Dhenkanal.Odisha 759022.

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.

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