IFSC Code of State Bank Of India, Khaspa Street Berhampur, Ganjam, Odisha — SBIN0016584

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 Khaspa Street Berhampur branch in Ganjam, Ganjam, 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 Ganjam or anywhere in Odisha can transfer funds instantly by using the correct IFSC Code SBIN0016584. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for State Bank Of India, Khaspa Street Berhampur, Ganjam

The table below shows the main details of the IFSC Code SBIN0016584 for the State Bank Of India branch in Ganjam, which falls under the Ganjam district in Odisha.

These details are essential not only for online banking users but also for businesses and individuals who use State Bank Of India in Ganjam for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0016584 for the Khaspa Street Berhampur branch of State Bank Of India plays 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 Khaspa Street Berhampur, Ganjam, Odisha, are allotted a unique IFSC like SBIN0016584 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 Khaspa Street Berhampur reaches the right place, even though there are thousands of branches in Odisha and across India.

Format of the IFSC Code SBIN0016584

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 Khaspa Street Berhampur in Ganjam.

For example, the IFSC Code SBIN0016584 of State Bank Of India for the Khaspa Street 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 looking for the IFSC Code SBIN0016584 of State Bank Of India for its Khaspa Street Berhampur 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 Khaspa Street Berhampur or Ganjam to get the exact IFSC Code SBIN0016584.

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 SBIN0016584 for Online Transfers?

Once you have the IFSC Code SBIN0016584 for the Khaspa Street 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 SBIN0016584. 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 SBIN0016584.

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 Khaspa Street 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 are very different from IFSC codes. If you are looking for the MICR code of State Bank Of India in Khaspa Street Berhampur, here are some of the ways 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.

Knowing both IFSC and MICR code can help account holders in Ganjam manage their online transfers and cheque clearances easily.