IFSC Code of State Bank Of India, Cac Jharsuguda, Jharsuguda, Odisha- SBIN0061921

Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of State Bank Of India for its Cac Jharsuguda branch in Jharsuguda, Jharsuguda, or Odisha, this guide will help you with all the details.

There have been major changes in the banking sector in India and today, the customers of State Bank Of India located in Jharsuguda or anywhere in Odisha can transfer funds instantly by using the correct IFSC Code SBIN0061921. You should definitely 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, Cac Jharsuguda, Jharsuguda

Below in the table are the key details related to IFSC Code SBIN0061921 of State Bank Of India for its branch located in Jharsuguda, within the district of Jharsuguda in the state of Odisha.

These details are important not only for users using online banking but also for businesses and individuals who use State Bank Of India in Jharsuguda for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code SBIN0061921 for the Cac Jharsuguda branch of State Bank Of India is vital.

What Is IFSC Code and Why Is It Important?

IFSC stands for Indian Financial System Code, an 11-character alphanumeric code that is provided by the Reserve Bank of India. A unique IFSC like SBIN0061921 is given to every bank branch, including State Bank Of India located in Cac Jharsuguda, Jharsuguda, Odisha, to make sure that online payments reach the right place.

The IFSC Code is important because:

• It uniquely identifies the State Bank Of India branch in Jharsuguda.
• It helps NEFT, RTGS, and IMPS systems route the transfer securely.
• It avoids any kind of confusion between multiple branches of the same bank across different places like Jharsuguda and Jharsuguda.
• It removes errors in fund transfers and improves accuracy.
• It lets the sender banks validate and confirm branch details before they process the payments.

There are thousands of branches across Odisha and the rest of India, which is why the IFSC Code ensures that transactions meant for State Bank Of India in Cac Jharsuguda doesn't end up at another location.

Format of the IFSC Code SBIN0061921

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 Cac Jharsuguda in Jharsuguda.

For example, the IFSC Code SBIN0061921 of State Bank Of India for the Cac Jharsuguda branch includes these elements, identifying the bank and the branch location in Jharsuguda and Odisha accurately.

How to Find IFSC Code for State Bank Of India?

To find the IFSC Code SBIN0061921 of State Bank Of India for its Cac Jharsuguda branch located in Jharsuguda, the following methods can help you out:

Cheque Book

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

Passbook

Most banks, including State Bank Of India branches in Jharsuguda and Jharsuguda, 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 go to the branch locator section. Then search for Cac Jharsuguda or Jharsuguda to find the exact IFSC Code SBIN0061921.

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 maintains an updated database of all IFSC codes. Searching for State Bank Of India and Jharsuguda will provide accurate information.

How to Use IFSC Code SBIN0061921 for Online Transfers?

Once you have the IFSC Code SBIN0061921 for the Cac Jharsuguda branch of State Bank Of India in Jharsuguda, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code SBIN0061921. The transfer is completed in batches instead of instantly. It is useful for both 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 SBIN0061921.

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 Cac Jharsuguda in Jharsuguda, 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 Cac Jharsuguda, 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 Jharsuguda manage online transfers as well as cheque clearances with ease.