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 Giet Gunupur Branch branch in Rayagada, Giet Gunupur, 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 Rayagada or anywhere in Odisha can easily transfer funds instantly by using the correct IFSC Code SBIN0017769. 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, Giet Gunupur Branch, Rayagada

The table below shows the main details of the IFSC Code SBIN0017769 for the State Bank Of India branch in Rayagada, which falls under the Giet Gunupur district in Odisha.

Particulars Details
Bank State Bank Of India
IFSC Code SBIN0017769
Branch Giet Gunupur Branch
City Rayagada
District Giet Gunupur
State Odisha
Address At By Po Giet Gunupur Branch,Block By Tahasil Gunupur,Distt.Rayagada.Odisha 765022

These details are essential not only for online banking users but also for businesses and individuals who use State Bank Of India in Rayagada for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0017769 for the Giet Gunupur Branch 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, including State Bank Of India located in Giet Gunupur Branch, Rayagada, Odisha, is provided with a unique IFSC like SBIN0017769 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It uniquely identifies the State Bank Of India branch in Rayagada.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any errors or confusions between multiple branches of the same bank across different places like Rayagada and Giet Gunupur.
  • It reduces errors in fund transfers and improves accuracy.
  • It allows sender banks to validate and confirm branch details before processing payments.

There are thousands of branches across Odisha and the rest of India and the IFSC Code ensures that transactions meant for State Bank Of India in Giet Gunupur Branch do not get mixed with another location.

Format of the IFSC Code SBIN0017769

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 Giet Gunupur Branch in Rayagada.

For example, the IFSC Code SBIN0017769 of State Bank Of India for the Giet Gunupur Branch branch includes these elements, identifying the bank and the branch location in Rayagada and Odisha accurately.

How to Find IFSC Code for State Bank Of India?

If you are trying to find the IFSC Code SBIN0017769 of State Bank Of India for its Giet Gunupur Branch branch located in Rayagada, 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 Rayagada and Giet Gunupur, 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 Giet Gunupur Branch or Rayagada to get the exact IFSC Code SBIN0017769.

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 Rayagada that will provide accurate information.

How to Use IFSC Code SBIN0017769 for Online Transfers?

Once you have the IFSC Code SBIN0017769 for the Giet Gunupur Branch branch of State Bank Of India in Rayagada, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code SBIN0017769. Transfers are processed in batches. Suitable for personal and business payments.

RTGS

Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.

IMPS

Instant 24×7 transfers. You need the recipient's account details and State Bank Of India IFSC Code SBIN0017769.

Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for State Bank Of India Giet Gunupur Branch in Rayagada, it can 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 Giet Gunupur Branch, 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 Rayagada manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of State Bank Of India in Giet Gunupur Branch, Rayagada?

The IFSC Code is SBIN0017769.

Is the IFSC Code SBIN0017769 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

Where can I find the IFSC Code of State Bank Of India Giet Gunupur Branch?

You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Giet Gunupur Branch branch?

The address of the branch is At By Po Giet Gunupur Branch,Block By Tahasil Gunupur,Distt.Rayagada.Odisha 765022 located in Rayagada, Giet Gunupur, 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.