SBIN0016124 IFSC Code, STATE BANK OF INDIA, IOC REFINERY COLONY BRANCH

IFSC Code of State Bank Of India, Ioc Refinery Colony Branch, Odisha IFSC CODE & MICR CODE

STATE BANK OF INDIA, IOC REFINERY COLONY BRANCH - SBIN0016124

Bank name: STATE BANK OF INDIA

Bank Address: At And Postparadeep,distt. Jagatsinghpur.odisha 754141

IFSC Code sbin0016124
Bank Code SBIN
Bank name STATE BANK OF INDIA
Bank contact number
Bank branch IOC REFINERY COLONY BRANCH
Bank ISO3166 Code IN-OR
Bank Center JAGATSINGHPUR
MICR Code 754002551
State name ODISHA
District name JAGATSINGHPUR
City name BHUBANESWAR
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, IOC REFINERY COLONY BRANCH branch is SBIN0016124, ensures that your transactions are directed to the correct branch.

How to Use SBIN0016124 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 IOC REFINERY COLONY BRANCH 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.