For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of State Bank Of India for its Gochhara branch in Sambalpur, Sambalpur, Odisha, this comprehensive guide will provide you with detailed information.

The banking system in India has changed significantly over the years, and today customers of State Bank Of India located in Sambalpur or anywhere in Odisha can transfer funds instantly by using the correct IFSC Code SBIN0009657. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for State Bank Of India, Gochhara, Sambalpur

Below in the table are the key details related to IFSC Code SBIN0009657 of State Bank Of India for its branch located in Sambalpur, within the district of Sambalpur in the state of Odisha.

Particulars Details
Bank State Bank Of India
IFSC Code SBIN0009657
Branch Gochhara
City Sambalpur
District Sambalpur
State Odisha
Address Viakuchinda,Distt Sambalpur,Orissa 768222

These details help users in online banking and for businesses and individuals who use State Bank Of India in Sambalpur for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0009657 for the Gochhara 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, including State Bank Of India located in Gochhara, Sambalpur, Odisha, is provided with a unique IFSC like SBIN0009657 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 Sambalpur.
  • 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 Sambalpur and Sambalpur.
  • 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 Gochhara do not get mixed with another location.

Format of the IFSC Code SBIN0009657

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 Gochhara in Sambalpur.

For example, the IFSC Code SBIN0009657 of State Bank Of India for the Gochhara branch includes these elements, identifying the bank and the branch location in Sambalpur and Odisha accurately.

How to Find IFSC Code for State Bank Of India?

To find the IFSC Code SBIN0009657 of State Bank Of India for its Gochhara branch located in Sambalpur, the following methods can help you out:

Cheque Book

The cheque book issued by State Bank Of India includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.

Passbook

Most banks, including State Bank Of India branches in Sambalpur and Sambalpur, 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 go to the branch locator section. Then search for Gochhara or Sambalpur to find the exact IFSC Code SBIN0009657.

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 maintains an updated database of all IFSC codes. Searching for State Bank Of India and Sambalpur will provide accurate information.

How to Use IFSC Code SBIN0009657 for Online Transfers?

Once you have the IFSC Code SBIN0009657 for the Gochhara branch of State Bank Of India in Sambalpur, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code SBIN0009657. 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 SBIN0009657.

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 Gochhara in Sambalpur, your payment can get delayed or might not go through at all.

Finding the MICR Code

MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of State Bank Of India in Gochhara, you can find it by any of the following ways:

  • Check the bottom of your cheque leaf.
  • Go to the first page of your passbook.
  • Visit the official State Bank Of India website.
  • Search the RBI portal.

Having both IFSC and MICR codes helps account holders in Sambalpur 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 Gochhara, Sambalpur?

The IFSC Code is SBIN0009657.

Is the IFSC Code SBIN0009657 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 Gochhara?

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 Gochhara branch?

The address of the branch is Viakuchinda,Distt Sambalpur,Orissa 768222 located in Sambalpur, Sambalpur, 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.

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