IFSC Code of State Bank Of India, Satapada, Satapada, Odisha — SBIN0017774

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 Satapada branch in Puri, Satapada, 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 Puri or anywhere in Odisha can transfer funds instantly by using the correct IFSC Code SBIN0017774. 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, Satapada, Puri

Here are the main details that are associated with the IFSC Code SBIN0017774 of State Bank Of India for its branch located in Puri, within the district of Satapada in the state of Odisha.

These details help users in online banking and for businesses and individuals who use State Bank Of India in Puri for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0017774 for the Satapada branch of State Bank Of India has a very 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 Satapada, Puri, Odisha, are given a unique IFSC like SBIN0017774 to ensure that online payments reach the right destination.

The IFSC Code is important because:

• It clearly tells which bank branch it is in Puri.
• 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 Puri and Satapada.
• 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 Satapada 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 SBIN0017774

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 Satapada in Puri.

For example, the IFSC Code SBIN0017774 of State Bank Of India for the Satapada branch includes these elements, identifying the bank and the branch location in Puri and Odisha accurately.

How to Find IFSC Code for State Bank Of India?

If you are trying to find the IFSC Code SBIN0017774 of State Bank Of India for its Satapada branch located in Puri, 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 Puri and Satapada, 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 Satapada or Puri to get the exact IFSC Code SBIN0017774.

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 Puri, you'll get the correct details.

How to Use IFSC Code SBIN0017774 for Online Transfers?

If you have the IFSC Code SBIN0017774 for the Satapada branch of State Bank Of India in Puri, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code SBIN0017774. 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 SBIN0017774.

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 Satapada in Puri, 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 Satapada, here are some ways that 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.

If you know both IFSC and MICR codes, then it can help account holders in Puri manage online transfers as well as cheque clearances with ease.