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 Rbo R Vi , Bhubaneswar branch in Khorda, Bhubaneswar, 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 Khorda or anywhere in Odisha can transfer funds instantly by using the correct IFSC Code SBIN0015435. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for State Bank Of India, Rbo R Vi , Bhubaneswar, Khorda
Here are the key points that are associated with the IFSC Code SBIN0015435 of State Bank Of India for its branch located in Khorda, within the district of Bhubaneswar in the state of Odisha.
| Particulars | Details |
|---|---|
| Bank | State Bank Of India |
| IFSC Code | SBIN0015435 |
| Branch | Rbo R Vi , Bhubaneswar |
| City | Khorda |
| District | Bhubaneswar |
| State | Odisha |
| Address | Zonal Office, Unit I, Bhubaneswar 751009 |
These details are important not only for users using online banking but also for businesses and individuals who use State Bank Of India in Khorda for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code SBIN0015435 for the Rbo R Vi , Bhubaneswar 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, including State Bank Of India located in Rbo R Vi , Bhubaneswar, Khorda, Odisha, is provided with a unique IFSC like SBIN0015435 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 Khorda.
- 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 Khorda and Bhubaneswar.
- 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 Rbo R Vi , Bhubaneswar do not get mixed with another location.
Format of the IFSC Code SBIN0015435
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 Rbo R Vi , Bhubaneswar in Khorda.
For example, the IFSC Code SBIN0015435 of State Bank Of India for the Rbo R Vi , Bhubaneswar branch includes these elements, identifying the bank and the branch location in Khorda and Odisha correctly.
How to Find IFSC Code for State Bank Of India?
If you are trying to find the IFSC Code SBIN0015435 of State Bank Of India for its Rbo R Vi , Bhubaneswar branch located in Khorda, 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 Khorda and Bhubaneswar, 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 Rbo R Vi , Bhubaneswar or Khorda to get the exact IFSC Code SBIN0015435.
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 Khorda that will provide accurate information.
How to Use IFSC Code SBIN0015435 for Online Transfers?
Once you have the IFSC Code SBIN0015435 for the Rbo R Vi , Bhubaneswar branch of State Bank Of India in Khorda, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code SBIN0015435. 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 SBIN0015435.
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 Rbo R Vi , Bhubaneswar in Khorda, your payment can get delayed or might not go through at all.
Finding the MICR Code
MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of State Bank Of India in Rbo R Vi , Bhubaneswar, here are some of the ways you can get 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.
Knowing both IFSC and MICR code can help account holders in Khorda manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is SBIN0015435.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is Zonal Office, Unit I, Bhubaneswar 751009 located in Khorda, Bhubaneswar, Odisha.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.