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 Rce Campus branch in Khurda, Bhubaneswar, 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 SBIN0005302. 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, Rce Campus, Khurda
Below in the table are the key details related to IFSC Code SBIN0005302 of State Bank Of India for its branch located in Khurda, within the district of Bhubaneswar in the state of Odisha.
| Particulars | Details |
|---|---|
| Bank | State Bank Of India |
| IFSC Code | SBIN0005302 |
| Branch | Rce Campus |
| City | Khurda |
| District | Bhubaneswar |
| State | Odisha |
| Address | Rce Campus,Bhubaneswar ,Orissa ,Pin - 751022 |
These details are essential not only for online banking users but also for businesses and individuals who use State Bank Of India in Khurda for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0005302 for the Rce Campus branch of State Bank Of India plays 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 Rce Campus, Khurda, Odisha, are allotted a unique IFSC like SBIN0005302 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 Bhubaneswar.
- 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 Rce Campus reaches the right place, even though there are thousands of branches in Odisha and across India.
Format of the IFSC Code SBIN0005302
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 Rce Campus in Khurda.
For example, the IFSC Code SBIN0005302 of State Bank Of India for the Rce Campus 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 looking for the IFSC Code SBIN0005302 of State Bank Of India for its Rce Campus branch located in Khurda, 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 Khurda and Bhubaneswar, 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 Rce Campus or Khurda to get the exact IFSC Code SBIN0005302.
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 Khurda, then it will provide you proper information.
How to Use IFSC Code SBIN0005302 for Online Transfers?
If you have the IFSC Code SBIN0005302 for the Rce Campus branch of State Bank Of India in Khurda, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code SBIN0005302. 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 SBIN0005302.
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 Rce Campus in Khurda, it may 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 Rce Campus, 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.
Frequently Asked Questions (FAQs)
The IFSC Code of the Rce Campus Khurda branch is SBIN0005302.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at Rce Campus,Bhubaneswar ,Orissa ,Pin - 751022.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.