IFSC Code of State Bank Of India, Hinjilicut, Ganjam, Odisha- SBIN0010131

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 Hinjilicut branch in Ganjam, Ganjam, 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 SBIN0010131. 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, Hinjilicut, Ganjam

Below in the table are the key details related to IFSC Code SBIN0010131 of State Bank Of India for its branch located in Ganjam, within the district of Ganjam in the state of Odisha.

These details are crucial, not just for online banking users but also for businesses and individuals who use State Bank Of India in Ganjam for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0010131 for the Hinjilicut 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, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, along with State Bank Of India located in Hinjilicut, Ganjam, Odisha, are allotted a unique IFSC like SBIN0010131 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 Ganjam.
• 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 Hinjilicut reaches the right place, even though there are thousands of branches in Odisha and across India.

Format of the IFSC Code SBIN0010131

The format of the IFSC Code for banks, including State Bank Of India, follows 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 Hinjilicut in Ganjam.

For example, the IFSC Code SBIN0010131 of State Bank Of India for the Hinjilicut branch includes these elements, identifying the bank and the branch location in Ganjam and Odisha accurately.

How to Find IFSC Code for State Bank Of India?

If you are looking for the IFSC Code SBIN0010131 of State Bank Of India for its Hinjilicut branch located in Ganjam, 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 Ganjam and Ganjam, 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 Hinjilicut or Ganjam to get the exact IFSC Code SBIN0010131.

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 Ganjam, then it will provide you proper information.

How to Use IFSC Code SBIN0010131 for Online Transfers?

Once you have the IFSC Code SBIN0010131 for the Hinjilicut branch of State Bank Of India in Ganjam, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code SBIN0010131. 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 SBIN0010131.

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 Hinjilicut in Ganjam may result in delayed or failed transactions.

Finding the MICR Code

MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of State Bank Of India in Hinjilicut, you can find it by any of the following ways:

• Check the bottom of your cheque leaf.
• Go to the first page of your passbook.
• Visit the official State Bank Of India website.
• Search the RBI portal.

Having both IFSC and MICR codes helps account holders in Ganjam manage online transfers as well as cheque clearances with ease.