Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of State Bank Of India for its Rasgovindpur branch in Mayurbhanj, Rasgovindpur, or Odisha, this guide will help you with all the details.

There have been major changes in the banking sector in India and today, the customers of State Bank Of India located in Mayurbhanj or anywhere in Odisha can transfer funds instantly by using the correct IFSC Code SBIN0013579. You should definitely 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, Rasgovindpur, Mayurbhanj

Below in the table are the key details related to IFSC Code SBIN0013579 of State Bank Of India for its branch located in Mayurbhanj, within the district of Rasgovindpur in the state of Odisha.

Particulars Details
Bank State Bank Of India
IFSC Code SBIN0013579
Branch Rasgovindpur
City Mayurbhanj
District Rasgovindpur
State Odisha
Address Rasgovindpur, Mayurbhanj -757016

These details are important not only for users using online banking but also for businesses and individuals who use State Bank Of India in Mayurbhanj for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code SBIN0013579 for the Rasgovindpur 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 Rasgovindpur, Mayurbhanj, Odisha, are given a unique IFSC like SBIN0013579 to ensure that online payments reach the right destination.

The IFSC Code is important because:

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

It helps ensure that any money sent to State Bank Of India in Rasgovindpur goes to the correct branch. This is important because State Bank Of India has thousands of branches in Odisha and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code SBIN0013579

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 Rasgovindpur in Mayurbhanj.

For example, the IFSC Code SBIN0013579 of State Bank Of India for the Rasgovindpur branch has these elements, identifying the bank and the branch location in Mayurbhanj and Odisha correctly.

How to Find IFSC Code for State Bank Of India?

If you are trying to find the IFSC Code SBIN0013579 of State Bank Of India for its Rasgovindpur branch located in Mayurbhanj, 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 Mayurbhanj and Rasgovindpur, 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 Rasgovindpur or Mayurbhanj to get the exact IFSC Code SBIN0013579.

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 Mayurbhanj that will provide accurate information.

How to Use IFSC Code SBIN0013579 for Online Transfers?

If you have the IFSC Code SBIN0013579 for the Rasgovindpur branch of State Bank Of India in Mayurbhanj, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code SBIN0013579. 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 SBIN0013579.

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 Rasgovindpur in Mayurbhanj, it may result in delayed or failed transactions.

Finding the MICR Code

MICR codes are used for cheque clearance and differ from IFSC codes. If you are looking for the MICR code of State Bank Of India in Rasgovindpur, here are some ways to obtain 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.

Having both the IFSC and MICR codes makes it easy for account holders in Mayurbhanj to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of State Bank Of India in Rasgovindpur, Mayurbhanj?

The IFSC Code is SBIN0013579.

Is the IFSC Code SBIN0013579 permanent?

Yes, but it can change during merging or restructuring of the bank.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and IFSC is for online transfers.

Where can I find the IFSC Code of State Bank Of India Rasgovindpur?

You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.

What is the full address of the Rasgovindpur branch?

The address of the branch is Rasgovindpur, Mayurbhanj -757016 located in Mayurbhanj, Rasgovindpur, Odisha.

What is the use of IFSC Code in online banking?

The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.