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 Fimm Rbo Jharsuguda branch in Jharsuguda, Jharsuguda, 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 Jharsuguda or anywhere in Odisha can transfer funds instantly by using the correct IFSC Code SBIN0063344. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for State Bank Of India, Fimm Rbo Jharsuguda, Jharsuguda
The table below shows the main details of the IFSC Code SBIN0063344 for the State Bank Of India branch in Jharsuguda, which falls under the Jharsuguda district in Odisha.
| Particulars | Details |
|---|---|
| Bank | State Bank Of India |
| IFSC Code | SBIN0063344 |
| Branch | Fimm Rbo Jharsuguda |
| City | Jharsuguda |
| District | Jharsuguda |
| State | Odisha |
| Address | Rbo Jharsuguda Building |
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 SBIN0063344 for the Fimm Rbo 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, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including State Bank Of India located in Fimm Rbo Jharsuguda, Jharsuguda, Odisha, is provided a unique IFSC like SBIN0063344 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the State Bank Of India branch in Jharsuguda.
- Helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any confusions between multiple branches of the same bank across different places like Jharsuguda and Jharsuguda.
- It reduces most of the errors in fund transfers and makes sure its accuracy.
- It enables sender banks to validate and confirm branch details before processing payments.
For thousands of branches across Odisha and the rest of India, the IFSC Code ensures that transactions meant for State Bank Of India in Fimm Rbo Jharsuguda do not get misguided to another person.
Format of the IFSC Code SBIN0063344
The format of the IFSC Code for banks, including State Bank Of India, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown of this:
- First 4 characters (AAAA): Represent the bank code. For State Bank Of India, these characters are the bank's short identifier.
- 5th character (0): Always zero which is reserved for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Fimm Rbo Jharsuguda in Jharsuguda.
For example, the IFSC Code SBIN0063344 of State Bank Of India for the Fimm Rbo 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?
If you are trying to find the IFSC Code SBIN0063344 of State Bank Of India for its Fimm Rbo Jharsuguda branch located in Jharsuguda, 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 Jharsuguda and Jharsuguda, 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 Fimm Rbo Jharsuguda or Jharsuguda to get the exact IFSC Code SBIN0063344.
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 Jharsuguda, you'll get the correct details.
How to Use IFSC Code SBIN0063344 for Online Transfers?
Once you have the IFSC Code SBIN0063344 for the Fimm Rbo 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 SBIN0063344. 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 SBIN0063344.
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 Fimm Rbo Jharsuguda in Jharsuguda, your payment can get delayed or might not go through at all.
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 Fimm Rbo Jharsuguda, 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 Jharsuguda manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code of the Fimm Rbo Jharsuguda Jharsuguda branch is SBIN0063344.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at Rbo Jharsuguda Building.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.