There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of State Bank Of India for its College Road, Kendrapara branch in Kendrapara, Kendrapara, Odisha, then this comprehensive guide will provide you with detailed information.

The banking system in India has changed over time, and today the customers of State Bank Of India situated in Kendrapara or anywhere in Odisha can easily transfer funds instantly by using the correct IFSC Code SBIN0013588. You should 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, College Road, Kendrapara, Kendrapara

Below in the table are the key details related to IFSC Code SBIN0013588 of State Bank Of India for its branch located in Kendrapara, within the district of Kendrapara in the state of Odisha.

Particulars Details
Bank State Bank Of India
IFSC Code SBIN0013588
Branch College Road, Kendrapara
City Kendrapara
District Kendrapara
State Odisha
Address At Guala Singh, Popandiri, Distkendrapara Orissa 754250

These details helps users in online banking and for businesses and individuals who use State Bank Of India in Kendrapara for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0013588 for the College Road, Kendrapara 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, along with State Bank Of India located in College Road, Kendrapara, Kendrapara, Odisha, are given a unique IFSC like SBIN0013588 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Kendrapara.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents any kind of confusion between different branches of the same bank in places like Kendrapara and Kendrapara.
  • It reduces errors in fund transfers and improves accuracy.
  • It helps the sender banks to validate and confirm branch details before processing payments.

It helps ensure that any money sent to State Bank Of India in College Road, Kendrapara goes to the correct branch. This is important because State Bank Of India has thousands of branches in Odisha and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code SBIN0013588

The format of the IFSC Code for banks, including State Bank Of India, has 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 College Road, Kendrapara in Kendrapara.

For example, the IFSC Code SBIN0013588 of State Bank Of India for the College Road, Kendrapara branch includes these elements, identifying the bank and the branch location in Kendrapara and Odisha correctly.

How to Find IFSC Code for State Bank Of India?

If you are trying to find the IFSC Code SBIN0013588 of State Bank Of India for its College Road, Kendrapara branch located in Kendrapara, the following methods can help:

Cheque Book

The cheque books that are issued by State Bank Of India include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.

Passbook

Most banks, including State Bank Of India branches in Kendrapara and Kendrapara, 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 find the branch locator section. Search for College Road, Kendrapara or Kendrapara to get the exact IFSC Code SBIN0013588.

Mobile Banking App

If you use State Bank Of India's mobile app, you can easily 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 to help you in searching for State Bank Of India and Kendrapara that will provide accurate information.

How to Use IFSC Code SBIN0013588 for Online Transfers?

Once you have the IFSC Code SBIN0013588 for the College Road, Kendrapara branch of State Bank Of India in Kendrapara, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code SBIN0013588. 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 SBIN0013588.

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 College Road, Kendrapara in Kendrapara, 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 College Road, Kendrapara, 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 Kendrapara manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of State Bank Of India College Road, Kendrapara Kendrapara?

The IFSC Code of the College Road, Kendrapara Kendrapara branch is SBIN0013588.

Is IFSC Code SBIN0013588 permanent?

Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.

Is IFSC the same as MICR?

No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.

Where can I find the IFSC Code of my bank branch?

You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.

What is the address of the State Bank Of India College Road, Kendrapara branch?

The branch is located at At Guala Singh, Popandiri, Distkendrapara Orissa 754250.

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.

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