SBIN0050164 IFSC Code, STATE BANK OF INDIA, OLINDA COLONY

IFSC Code of State Bank Of India, Olinda Colony, Himachal Pradesh IFSC CODE & MICR CODE

STATE BANK OF INDIA, OLINDA COLONY - SBIN0050164

  • Bank name: STATE BANK OF INDIA

Bank Address: Bhakra Dam Teh Bilaspur Hp 174201

  • IFSC Code sbin0050164
  • Bank Code SBIN
  • Bank name STATE BANK OF INDIA
  • Bank contact number 223428
  • Bank branch OLINDA COLONY
  • Bank ISO3166 Code IN-HP
  • Bank Center BILASPUR
  • MICR Code 140002154
  • State name HIMACHAL PRADESH
  • District name BILASPUR
  • City name OLINDA BHAKRA DAM
  • 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, OLINDA COLONY branch is SBIN0050164, ensures that your transactions are directed to the correct branch.

How to Use SBIN0050164 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 OLINDA COLONY 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.