STATE BANK OF INDIA, FORTUNE TOWERS BHUBNESHWAR - SBIN0004414
- Bank name: STATE BANK OF INDIA
Bank Address: Po Chandrasekharpur,bhubaneswar Pin - 751023
SBIN0004414 IFSC Code, STATE BANK OF INDIA, FORTUNE TOWERS BHUBNESHWAR
IFSC Code of State Bank Of India, Fortune Towers Bhubneshwar, Odisha IFSC CODE & MICR CODE
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, FORTUNE TOWERS BHUBNESHWAR branch is SBIN0004414, ensures that your transactions are directed to the correct branch.
How to Use SBIN0004414 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 FORTUNE TOWERS BHUBNESHWAR 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.