SBIN0001324 IFSC Code, STATE BANK OF INDIA, CHITRAKONDA (BALIMELA )

IFSC Code of State Bank Of India, Chitrakonda (balimela ), Odisha IFSC CODE & MICR CODE

STATE BANK OF INDIA, CHITRAKONDA (BALIMELA ) - SBIN0001324

  • Bank name: STATE BANK OF INDIA

Bank Address: Dist Koraput, Orissa 764052

  • IFSC Code sbin0001324
  • Bank Code SBIN
  • Bank name STATE BANK OF INDIA
  • Bank contact number
  • Bank branch CHITRAKONDA (BALIMELA )
  • Bank ISO3166 Code IN-OR
  • Bank Center MALKANGIRI
  • MICR Code 764002515
  • State name ODISHA
  • District name MALKANGIRI
  • City name KORAPUT
  • Swift Swift not provided
  • IMPS No
  • NEFT No
  • UPI No
  • RTGS No

What is an IFSC Code?

The Indian Financial System Code (IFSC) is an 11-character alphanumeric code used to uniquely identify a bank branch for online fund transfers. The IFSC code for STATE BANK OF INDIA, CHITRAKONDA (BALIMELA ) branch is SBIN0001324, ensures that your transactions are directed to the correct branch.

How to Use SBIN0001324 for Transactions?

  • NEFT: Use the IFSC code to transfer funds quickly to accounts in other banks.
  • RTGS: For high-value transactions, the IFSC code ensures your payment is processed instantly.
  • IMPS: The IFSC code allows 24/7 fund transfers, including weekends and holidays.

What is a MICR Code?

The Magnetic Ink Character Recognition (MICR) code is a 9-digit code used for processing paper-based transactions, such as cheques. For the CHITRAKONDA (BALIMELA ) branch, this code complements the IFSC code for efficient banking operations.

Benefits of Using the Correct IFSC Code

  • Accuracy: Ensures your funds are directed to the right branch.
  • Security: Prevents fraudulent transactions by uniquely identifying each branch.