IFSC Code of State Bank Of India, Sri Jagannath Sanskrit Viswavidyalaya, Puri, Odisha- SBIN0016102

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 Sri Jagannath Sanskrit Viswavidyalaya branch in Puri, Puri, 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 SBIN0016102. 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, Sri Jagannath Sanskrit Viswavidyalaya, Puri

Here are some of the key details that come with the IFSC Code SBIN0016102 of State Bank Of India for its branch located in Puri, within the district of Puri 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 Puri for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code SBIN0016102 for the Sri Jagannath Sanskrit Viswavidyalaya 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 that is provided by the Reserve Bank of India. A unique IFSC like SBIN0016102 is given to every bank branch, including State Bank Of India located in Sri Jagannath Sanskrit Viswavidyalaya, Puri, Odisha, to make sure that online payments reach the right place.

The IFSC Code is important because:

• It uniquely identifies the State Bank Of India branch in Puri.
• It helps NEFT, RTGS, and IMPS systems route the transfer securely.
• It avoids any kind of confusion between multiple branches of the same bank across different places like Puri and Puri.
• It removes errors in fund transfers and improves accuracy.
• It lets the sender banks validate and confirm branch details before they process the payments.

There are thousands of branches across Odisha and the rest of India, which is why the IFSC Code ensures that transactions meant for State Bank Of India in Sri Jagannath Sanskrit Viswavidyalaya doesn't end up at another location.

Format of the IFSC Code SBIN0016102

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 Sri Jagannath Sanskrit Viswavidyalaya in Puri.

For example, the IFSC Code SBIN0016102 of State Bank Of India for the Sri Jagannath Sanskrit Viswavidyalaya 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 SBIN0016102 of State Bank Of India for its Sri Jagannath Sanskrit Viswavidyalaya branch located in Puri, 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 Puri and Puri, 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 Sri Jagannath Sanskrit Viswavidyalaya or Puri to get the exact IFSC Code SBIN0016102.

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 Puri that will provide accurate information.

How to Use IFSC Code SBIN0016102 for Online Transfers?

Once you have the IFSC Code SBIN0016102 for the Sri Jagannath Sanskrit Viswavidyalaya branch of State Bank Of India in Puri, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code SBIN0016102. 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 SBIN0016102.

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 Sri Jagannath Sanskrit Viswavidyalaya in Puri, your payment can get delayed or might not go through at all.

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 Sri Jagannath Sanskrit Viswavidyalaya, 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 Puri to handle online money transfers and get their cheques cleared smoothly.