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 Gutingia branch in Kandhamal, Gutingia, 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 Kandhamal or anywhere in Odisha can transfer funds instantly by using the correct IFSC Code SBIN0006125. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for State Bank Of India, Gutingia, Kandhamal

Below in the table are the key details related to IFSC Code SBIN0006125 of State Bank Of India for its branch located in Kandhamal, within the district of Gutingia in the state of Odisha.

Particulars Details
Bank State Bank Of India
IFSC Code SBIN0006125
Branch Gutingia
City Kandhamal
District Gutingia
State Odisha
Address Dist Kandhamal,Orissa 702026

These details helps users in online banking and for businesses and individuals who use State Bank Of India in Kandhamal for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0006125 for the Gutingia branch of State Bank Of India plays a vital 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, including State Bank Of India located in Gutingia, Kandhamal, Odisha, is provided with a unique IFSC like SBIN0006125 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It uniquely identifies the State Bank Of India branch in Kandhamal.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any errors or confusions between multiple branches of the same bank across different places like Kandhamal and Gutingia.
  • It reduces errors in fund transfers and improves accuracy.
  • It allows sender banks to validate and confirm branch details before processing payments.

There are thousands of branches across Odisha and the rest of India and the IFSC Code ensures that transactions meant for State Bank Of India in Gutingia do not get mixed with another location.

Format of the IFSC Code SBIN0006125

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): These represent the bank code. In State Bank Of India, they are a short identifier for the bank.
  • 5th character (0): This is always zero and is reserved for future use.
  • Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Gutingia in Kandhamal.

For example, the IFSC Code SBIN0006125 of State Bank Of India for the Gutingia branch has these elements, identifying the bank and the branch location in Kandhamal and Odisha correctly.

How to Find IFSC Code for State Bank Of India?

If you are trying to find the IFSC Code SBIN0006125 of State Bank Of India for its Gutingia branch located in Kandhamal, 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 Kandhamal and Gutingia, 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 Gutingia or Kandhamal to get the exact IFSC Code SBIN0006125.

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 Kandhamal, you'll get the correct details.

How to Use IFSC Code SBIN0006125 for Online Transfers?

Once you have the IFSC Code SBIN0006125 for the Gutingia branch of State Bank Of India in Kandhamal, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code SBIN0006125. 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 SBIN0006125.

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 Gutingia in Kandhamal 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 Gutingia, 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 Kandhamal 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 Gutingia, Kandhamal?

The IFSC Code is SBIN0006125.

Is the IFSC Code SBIN0006125 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 Gutingia?

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 Gutingia branch?

The address of the branch is Dist Kandhamal,Orissa 702026 located in Kandhamal, Gutingia, 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.