IFSC Code of State Bank Of India, Bhubaneshwar Old Town, Bhubaneswar, Odisha — SBIN0003108

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 Bhubaneshwar Old Town branch in Khurda, 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 Khurda or anywhere in Odisha can transfer funds instantly by using the correct IFSC Code SBIN0003108. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for State Bank Of India, Bhubaneshwar Old Town, Khurda

Below in the table are the key details related to IFSC Code SBIN0003108 of State Bank Of India for its branch located in Khurda, within the district of Bhubaneswar 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 Khurda for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code SBIN0003108 for the Bhubaneshwar Old Town branch of State Bank Of India is vital.

What Is IFSC Code and Why Is It Important?

IFSC stands for Indian Financial System Code, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including State Bank Of India located in Bhubaneshwar Old Town, Khurda, Odisha, is provided a unique IFSC like SBIN0003108 so that their online payments reach the right place.

The IFSC Code is important because:

• It uniquely recognizes the State Bank Of India branch in Khurda.
• Helps NEFT, RTGS, and IMPS systems route the transfer securely.
• It avoids any confusions between multiple branches of the same bank across different places like Khurda and Bhubaneswar.
• It reduces most of the errors in fund transfers and makes sure its accuracy.
• It enables sender banks to validate and confirm branch details before processing payments.

For thousands of branches across Odisha and the rest of India, the IFSC Code ensures that transactions meant for State Bank Of India in Bhubaneshwar Old Town do not get misguided to another person.

Format of the IFSC Code SBIN0003108

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 Bhubaneshwar Old Town in Khurda.

For example, the IFSC Code SBIN0003108 of State Bank Of India for the Bhubaneshwar Old Town branch includes these elements, identifying the bank and the branch location in Khurda and Odisha accurately.

How to Find IFSC Code for State Bank Of India?

To find the IFSC Code SBIN0003108 of State Bank Of India for its Bhubaneshwar Old Town branch located in Khurda, the following methods can help you out:

Cheque Book

The cheque book issued by State Bank Of India includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.

Passbook

Most banks, including State Bank Of India branches in Khurda 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 go to the branch locator section. Then search for Bhubaneshwar Old Town or Khurda to find the exact IFSC Code SBIN0003108.

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 maintains an updated database of all IFSC codes. Searching for State Bank Of India and Khurda will provide accurate information.

How to Use IFSC Code SBIN0003108 for Online Transfers?

Once you have the IFSC Code SBIN0003108 for the Bhubaneshwar Old Town branch of State Bank Of India in Khurda, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code SBIN0003108. Transfers are processed in batches. Suitable for personal and business payments.

RTGS

Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.

IMPS

Instant 24×7 transfers. You need the recipient's account details and State Bank Of India IFSC Code SBIN0003108.

Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for State Bank Of India Bhubaneshwar Old Town in Khurda, it can result in delayed or failed transactions.

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 Bhubaneshwar Old Town, 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 Khurda manage their online transfers and cheque clearances easily.