IFSC Code of State Bank Of India, Racc Khariar Fimm, Khariar, Odisha — SBIN0063405

The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of State Bank Of India for its Racc Khariar Fimm branch in Khariar, Khariar, Odisha, this complete guide will provide you with detailed information.

The banking system in India has changed over the years, and today customers of State Bank Of India located in Khariar or anywhere in Odisha can transfer funds instantly by using the correct IFSC Code SBIN0063405. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for State Bank Of India, Racc Khariar Fimm, Khariar

Here are the key points that are associated with the IFSC Code SBIN0063405 of State Bank Of India for its branch located in Khariar, within the district of Khariar in the state of 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 Khariar for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code SBIN0063405 for the Racc Khariar Fimm branch of State Bank Of India is vital.

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 Racc Khariar Fimm, Khariar, Odisha, are allotted a unique IFSC like SBIN0063405 to ensure that online payments reach the right destination.

The IFSC Code is important because:

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

It makes sure that money sent to State Bank Of India in Racc Khariar Fimm reaches the right place, even though there are thousands of branches in Odisha and across India.

Format of the IFSC Code SBIN0063405

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 Racc Khariar Fimm in Khariar.

For example, the IFSC Code SBIN0063405 of State Bank Of India for the Racc Khariar Fimm branch has these elements, identifying the bank and the branch location in Khariar and Odisha correctly.

How to Find IFSC Code for State Bank Of India?

If you are trying to find the IFSC Code SBIN0063405 of State Bank Of India for its Racc Khariar Fimm branch located in Khariar, 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 Khariar and Khariar, 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 Racc Khariar Fimm or Khariar to get the exact IFSC Code SBIN0063405.

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 Khariar, you'll get the correct details.

How to Use IFSC Code SBIN0063405 for Online Transfers?

Once you have the IFSC Code SBIN0063405 for the Racc Khariar Fimm branch of State Bank Of India in Khariar, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code SBIN0063405. 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 SBIN0063405.

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 Racc Khariar Fimm in Khariar 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 Racc Khariar Fimm, 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 Khariar manage online transfers as well as cheque clearances with ease.