IFSC Code of State Bank Of India, Laxmisagar Evening, Bhubaneswar, Bhubaneshwar, Odisha — SBIN0007047

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 Laxmisagar Evening, Bhubaneswar branch in Khurda, Bhubaneshwar, 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 Khurda or anywhere in Odisha can easily transfer funds instantly by using the correct IFSC Code SBIN0007047. 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, Laxmisagar Evening, Bhubaneswar, Khurda

Below in the table are the key details related to IFSC Code SBIN0007047 of State Bank Of India for its branch located in Khurda, within the district of Bhubaneshwar in the state of Odisha.

These details are crucial, not just for online banking users but also for businesses and individuals who use State Bank Of India in Khurda for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0007047 for the Laxmisagar Evening, Bhubaneswar branch of State Bank Of India has an important 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 Laxmisagar Evening, Bhubaneswar, Khurda, Odisha, are allotted a unique IFSC like SBIN0007047 to ensure that online payments reach the right destination.

The IFSC Code is important because:

• It clearly tells which bank branch it is in Khurda.
• It helps NEFT, RTGS, and IMPS systems route the transfer securely.
• It prevents confusion between different branches of the same bank in places like Khurda and Bhubaneshwar.
• 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 Laxmisagar Evening, Bhubaneswar reaches the right place, even though there are thousands of branches in Odisha and across India.

Format of the IFSC Code SBIN0007047

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): 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 Laxmisagar Evening, Bhubaneswar in Khurda.

For example, the IFSC Code SBIN0007047 of State Bank Of India for the Laxmisagar Evening, Bhubaneswar 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?

If you are trying to find the IFSC Code SBIN0007047 of State Bank Of India for its Laxmisagar Evening, Bhubaneswar branch located in Khurda, 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

Most banks, including State Bank Of India branches in Khurda and Bhubaneshwar, print the IFSC and MICR codes 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 Laxmisagar Evening, Bhubaneswar or Khurda to get the exact IFSC Code SBIN0007047.

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 Khurda, you'll get the correct details.

How to Use IFSC Code SBIN0007047 for Online Transfers?

Once you have the IFSC Code SBIN0007047 for the Laxmisagar Evening, Bhubaneswar branch of State Bank Of India in Khurda, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code SBIN0007047. 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 SBIN0007047.

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 Laxmisagar Evening, Bhubaneswar in Khurda, 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 Laxmisagar Evening, Bhubaneswar, 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 Khurda manage online transfers as well as cheque clearances with ease.