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 Mandasahi branch in Jagatsinghpur, Mandasahi, 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 Jagatsinghpur or anywhere in Odisha can transfer funds instantly by using the correct IFSC Code SBIN0008091. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for State Bank Of India, Mandasahi, Jagatsinghpur

Here are some of the key details that come with the IFSC Code SBIN0008091 of State Bank Of India for its branch located in Jagatsinghpur, within the district of Mandasahi in the state of Odisha.

Particulars Details
Bank State Bank Of India
IFSC Code SBIN0008091
Branch Mandasahi
City Jagatsinghpur
District Mandasahi
State Odisha
Address Dist Jagatsinghpur, Orissa 754114

These details help users in online banking and for businesses and individuals who use State Bank Of India in Jagatsinghpur for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0008091 for the Mandasahi 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 Mandasahi, Jagatsinghpur, Odisha, are allotted a unique IFSC like SBIN0008091 to ensure that online payments reach the right destination.

The IFSC Code is important because:

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

Format of the IFSC Code SBIN0008091

This is the format of the IFSC Code for banks, including State Bank Of India, follows an 11-character structure:

AAAA0CCCCCC

Here's the explanation:

  • First 4 characters (AAAA): This is the bank code. For State Bank Of India, these characters are the bank's short identifier.
  • 5th character (0): This stays zero till there is any future use.
  • Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Mandasahi in Jagatsinghpur.

For example, the IFSC Code SBIN0008091 of State Bank Of India for the Mandasahi branch includes these elements, identifying the bank and the branch location in Jagatsinghpur and Odisha accurately.

How to Find IFSC Code for State Bank Of India?

If you are trying to find the IFSC Code SBIN0008091 of State Bank Of India for its Mandasahi branch located in Jagatsinghpur, the following methods can help:

Cheque Book

The cheque book issued by State Bank Of India includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.

Passbook

You can easily find the IFSC and MICR codes because most banks, including State Bank Of India branches in Jagatsinghpur and Mandasahi, print them on the first page of your passbook.

Bank Website

Visit the official website of State Bank Of India and navigate to the branch locator section. Search for Mandasahi or Jagatsinghpur to get the exact IFSC Code SBIN0008091.

Mobile Banking App

If you use State Bank Of India's mobile app, you can check your account details to find your branch's IFSC code.

RBI Website

The Reserve Bank of India keeps an updated list of all IFSC codes. If you search for State Bank Of India and Jagatsinghpur, you'll get the correct details.

How to Use IFSC Code SBIN0008091 for Online Transfers?

Once you have the IFSC Code SBIN0008091 for the Mandasahi branch of State Bank Of India in Jagatsinghpur, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code SBIN0008091. Transfers are processed in batches. Suitable for personal and business payments.

RTGS

Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.

IMPS

Instant 24×7 transfers. You need the recipient's account details and State Bank Of India IFSC Code SBIN0008091.

Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for State Bank Of India Mandasahi in Jagatsinghpur, it can 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 Mandasahi, 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 Jagatsinghpur 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 in Mandasahi, Jagatsinghpur?

The IFSC Code is SBIN0008091.

Is the IFSC Code SBIN0008091 permanent?

Yes, but it can change during merging or restructuring of the bank.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and IFSC is for online transfers.

Where can I find the IFSC Code of State Bank Of India Mandasahi?

You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.

What is the full address of the Mandasahi branch?

The address of the branch is Dist Jagatsinghpur, Orissa 754114 located in Jagatsinghpur, Mandasahi, Odisha.

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.