State Bank of India Chitrakonda Balimela Branch IFSC Code: SBIN0001324
Branch Code: 001324 | KORAPUT, KORAPUT, ODISHA
The official Indian Financial System Code (IFSC) for State Bank of India, Chitrakonda Balimela branch in KORAPUT, ODISHA is SBIN0001324. The MICR code for cheque clearance is 764002052.
Branch Fact Sheet & Electronic Routing Details
- Bank Name
- State Bank of India
- Branch Name
- CHITRAKONDA ,BALIMELA
- MICR Code
- City / District
- KORAPUT (KORAPUT)
- State
- ODISHA
- Postal Pincode
- 764052
DIST KORAPUT, ORISSA 764052, Pincode: 764052
How to Read IFSC Code: SBIN0001324
An Indian Financial System Code (IFSC) is a unique 11-character alphanumeric code assigned by the Reserve Bank of India to identify bank branches for electronic payment systems.
First 4 alphabetic characters identify State Bank of India.
5th character is always numeral '0', reserved for future use.
Last 6 alphanumeric characters identify the specific physical branch.
Payment Systems Supported by this IFSC Code
| Payment System | Settlement Time | Minimum Amount | Availability | Ideal For |
|---|---|---|---|---|
| NEFT (National Electronic Funds Transfer) | Half-hourly batches | ₹1 (No minimum) | 24x7x365 | Routine bills, small & medium transactions |
| RTGS (Real Time Gross Settlement) | Real-time instant | ₹2,00,000 | 24x7x365 | High-value urgent financial transfers |
| IMPS (Immediate Payment Service) | Immediate | ₹1 (Max ₹5 Lakh) | 24x7x365 | Instant mobile banking & emergency transfers |
Frequently Asked Questions: State Bank of India (SBIN0001324)
Which bank does IFSC Code SBIN0001324 belong to?
IFSC Code SBIN0001324 belongs to State Bank of India for its CHITRAKONDA ,BALIMELA branch, located in KORAPUT, ODISHA. The 4-letter prefix 'SBIN' represents State Bank of India.
What is the IFSC Code for State Bank of India CHITRAKONDA ,BALIMELA branch?
The IFSC Code for State Bank of India CHITRAKONDA ,BALIMELA branch in KORAPUT, ODISHA is SBIN0001324. It is used for NEFT, RTGS, and IMPS funds transfer.
What is the address of State Bank of India CHITRAKONDA ,BALIMELA branch?
The branch is located at: DIST KORAPUT, ORISSA 764052, Pincode: 764052, KORAPUT, ODISHA.
What is the MICR Code for State Bank of India CHITRAKONDA ,BALIMELA?
The MICR Code for electronic cheque clearing at State Bank of India CHITRAKONDA ,BALIMELA is 764002052.
How to decipher the IFSC code SBIN0001324?
The first 4 characters 'SBIN' represent State Bank of India. The 5th character is '0' reserved for future use. The last 6 characters '001324' represent the specific CHITRAKONDA ,BALIMELA branch code.
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