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 Chimla branch in Keonjhar, Chimla, 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 Keonjhar or anywhere in Odisha can transfer funds instantly by using the correct IFSC Code SBIN0009637. 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, Chimla, Keonjhar
The table below shows the main details of the IFSC Code SBIN0009637 for the State Bank Of India branch in Keonjhar, which falls under the Chimla district in Odisha.
| Particulars | Details |
|---|---|
| Bank | State Bank Of India |
| IFSC Code | SBIN0009637 |
| Branch | Chimla |
| City | Keonjhar |
| District | Chimla |
| State | Odisha |
| Address | Dist Keonjhar,Orissa 758041 |
These details helps users in online banking and for businesses and individuals who use State Bank Of India in Keonjhar for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0009637 for the Chimla 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 that is provided by the Reserve Bank of India. A unique IFSC like SBIN0009637 is given to every bank branch, including State Bank Of India located in Chimla, Keonjhar, 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 Keonjhar.
- 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 Keonjhar and Chimla.
- 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 Chimla doesn't end up at another location.
Format of the IFSC Code SBIN0009637
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 Chimla in Keonjhar.
For example, the IFSC Code SBIN0009637 of State Bank Of India for the Chimla branch includes these elements, identifying the bank and the branch location in Keonjhar and Odisha accurately.
How to Find IFSC Code for State Bank Of India?
If you are looking for the IFSC Code SBIN0009637 of State Bank Of India for its Chimla branch located in Keonjhar, the following methods can help:
Cheque Book
The cheque book that is issued by State Bank Of India includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.
Passbook
Most of the banks, including State Bank Of India branches in Keonjhar and Chimla, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
You can visit the official website of State Bank Of India and look for the branch locator section, then search for Chimla or Keonjhar to get the exact IFSC Code SBIN0009637.
Mobile Banking App
If you use State Bank Of India's mobile app, you can check your account details to easily find your branch's IFSC code.
RBI Website
The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for State Bank Of India and Keonjhar, then it will provide you proper information.
How to Use IFSC Code SBIN0009637 for Online Transfers?
If you have the IFSC Code SBIN0009637 for the Chimla branch of State Bank Of India in Keonjhar, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code SBIN0009637. Transfers are processed in batches. 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. Asks for the recipient's account details and State Bank Of India IFSC Code SBIN0009637.
Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for State Bank Of India Chimla in Keonjhar, it may result in delayed or failed transactions.
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 Chimla, 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 Keonjhar manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is SBIN0009637.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Dist Keonjhar,Orissa 758041 located in Keonjhar, Chimla, Odisha.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.