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 Hightech Berhampur branch in Ganjam, Berhampur, 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 Ganjam or anywhere in Odisha can easily transfer funds instantly by using the correct IFSC Code SBIN0016585. 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, Hightech Berhampur, Ganjam
Below in the table are the key details related to IFSC Code SBIN0016585 of State Bank Of India for its branch located in Ganjam, within the district of Berhampur in the state of Odisha.
| Particulars | Details |
|---|---|
| Bank | State Bank Of India |
| IFSC Code | SBIN0016585 |
| Branch | Hightech Berhampur |
| City | Ganjam |
| District | Berhampur |
| State | Odisha |
| Address | Tatabenz Square,Zanana Hospital Road,Berhampur,Distt.Ganjam,Odisha 760001 |
These details help users in online banking and for businesses and individuals who use State Bank Of India in Ganjam for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0016585 for the Hightech Berhampur 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 Hightech Berhampur, Ganjam, Odisha, are allotted a unique IFSC like SBIN0016585 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Ganjam.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Ganjam and Berhampur.
- 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 Hightech Berhampur reaches the right place, even though there are thousands of branches in Odisha and across India.
Format of the IFSC Code SBIN0016585
The format of the IFSC Code for banks, including State Bank Of India, has an 11-character structure:
AAAA0CCCCCC
Here's the breakdown:
- First 4 characters (AAAA): Show the bank code. For State Bank Of India, these letters represent the bank's short name.
- 5th character: Is always zero and is kept for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Hightech Berhampur in Ganjam.
For example, the IFSC Code SBIN0016585 of State Bank Of India for the Hightech Berhampur branch includes these elements, identifying the bank and the branch location in Ganjam and Odisha correctly.
How to Find IFSC Code for State Bank Of India?
If you are trying to find the IFSC Code SBIN0016585 of State Bank Of India for its Hightech Berhampur branch located in Ganjam, 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 Ganjam and Berhampur, 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 Hightech Berhampur or Ganjam to get the exact IFSC Code SBIN0016585.
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 Ganjam that will provide accurate information.
How to Use IFSC Code SBIN0016585 for Online Transfers?
Once you have the IFSC Code SBIN0016585 for the Hightech Berhampur branch of State Bank Of India in Ganjam, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code SBIN0016585. 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 SBIN0016585.
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 Hightech Berhampur in Ganjam, your payment can get delayed or might not go through at all.
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 Hightech Berhampur, 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 Ganjam manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is SBIN0016585.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is Tatabenz Square,Zanana Hospital Road,Berhampur,Distt.Ganjam,Odisha 760001 located in Ganjam, Berhampur, Odisha.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.