IFSC Code of State Bank Of India, Samasingha, Jharsuguda, Odisha- SBIN0009655

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 Samasingha 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 SBIN0009655. 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, Samasingha, Jharsuguda

The table below shows the main details of the IFSC Code SBIN0009655 for the State Bank Of India branch in Jharsuguda, which falls under the Jharsuguda district in 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 SBIN0009655 for the Samasingha 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 Samasingha, Jharsuguda, Odisha, is provided a unique IFSC like SBIN0009655 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 Samasingha do not get misguided to another person.

Format of the IFSC Code SBIN0009655

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 Samasingha in Jharsuguda.

For example, the IFSC Code SBIN0009655 of State Bank Of India for the Samasingha 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 SBIN0009655 of State Bank Of India for its Samasingha 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 Samasingha or Jharsuguda to find the exact IFSC Code SBIN0009655.

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 SBIN0009655 for Online Transfers?

Once you have the IFSC Code SBIN0009655 for the Samasingha branch of State Bank Of India in Jharsuguda, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code SBIN0009655. 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 SBIN0009655.

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 Samasingha in Jharsuguda may 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 Samasingha, 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 Jharsuguda to handle online money transfers and get their cheques cleared smoothly.