IFSC Code of State Bank Of India, Racc Dhenkanal Fimm, Dhenkanal, Odisha- SBIN0063389

There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of State Bank Of India for its Racc Dhenkanal Fimm branch in Dhenkanal, Dhenkanal, Odisha, then this comprehensive guide will provide you with detailed information.

The banking system in India has changed over time, and today the customers of State Bank Of India situated in Dhenkanal or anywhere in Odisha can easily transfer funds instantly by using the correct IFSC Code SBIN0063389. You should 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, Racc Dhenkanal Fimm, Dhenkanal

The table below shows the main details of the IFSC Code SBIN0063389 for the State Bank Of India branch in Dhenkanal, which falls under the Dhenkanal district in Odisha.

These details are crucial, not just for online banking users but also for businesses and individuals who use State Bank Of India in Dhenkanal for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0063389 for the Racc Dhenkanal Fimm branch of State Bank Of India has an important 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 Racc Dhenkanal Fimm, Dhenkanal, Odisha, is provided a unique IFSC like SBIN0063389 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 Dhenkanal.
• 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 Dhenkanal and Dhenkanal.
• 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 Racc Dhenkanal Fimm do not get misguided to another person.

Format of the IFSC Code SBIN0063389

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 Racc Dhenkanal Fimm in Dhenkanal.

For example, the IFSC Code SBIN0063389 of State Bank Of India for the Racc Dhenkanal Fimm 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 looking for the IFSC Code SBIN0063389 of State Bank Of India for its Racc Dhenkanal Fimm branch located in Dhenkanal, 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 Dhenkanal and Dhenkanal, 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 Racc Dhenkanal Fimm or Dhenkanal to get the exact IFSC Code SBIN0063389.

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 Dhenkanal, then it will provide you proper information.

How to Use IFSC Code SBIN0063389 for Online Transfers?

If you have the IFSC Code SBIN0063389 for the Racc Dhenkanal Fimm branch of State Bank Of India in Dhenkanal, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code SBIN0063389. 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 SBIN0063389.

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 Racc Dhenkanal Fimm in Dhenkanal, 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 Racc Dhenkanal Fimm, 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.