SBIN0007340 IFSC Code, STATE BANK OF INDIA, SAMAL BARRAGE

IFSC Code of State Bank Of India, Samal Barrage, Odisha IFSC CODE & MICR CODE

STATE BANK OF INDIA, SAMAL BARRAGE - SBIN0007340

  • Bank name: STATE BANK OF INDIA

Bank Address: Dist Angul,orissa 759037

  • IFSC Code sbin0007340
  • Bank Code SBIN
  • Bank name STATE BANK OF INDIA
  • Bank contact number
  • Bank branch SAMAL BARRAGE
  • Bank ISO3166 Code IN-OR
  • Bank Center ANGUL
  • MICR Code 759002509
  • State name ODISHA
  • District name ANGUL
  • City name SAMAL
  • 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, SAMAL BARRAGE branch is SBIN0007340, ensures that your transactions are directed to the correct branch.

How to Use SBIN0007340 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 SAMAL BARRAGE 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.