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SBINBranch Code: 011577

State Bank of India Bandamunda Branch IFSC Code: SBIN0011577

Branch Code: 011577 | RAURKELA, RAURKELA, ODISHA

Primary IFSC Code
SBIN0011577
Banking information from our maintained dataset. Last Verified: 23 Sept 2026

The official Indian Financial System Code (IFSC) for State Bank of India, Bandamunda branch in RAURKELA, ODISHA is SBIN0011577. The MICR code for cheque clearance is 769002019.

Branch Fact Sheet & Electronic Routing Details

Branch Name
BANDAMUNDA
MICR Code
City / District
RAURKELA (RAURKELA)
State
ODISHA
Postal Pincode
770032
Full Branch Address

ATCINEMATOLI DUMERTA,POBANDAMUNDA,BANDAMUNDA,ORISSA 770032, Pincode: 770032

Contact & Customer Care

How to Read IFSC Code: SBIN0011577

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.

SBINBank Identifier

First 4 alphabetic characters identify State Bank of India.

0Control Character

5th character is always numeral '0', reserved for future use.

011577Branch Code

Last 6 alphanumeric characters identify the specific physical branch.

Payment Systems Supported by this IFSC Code

Payment SystemSettlement TimeMinimum AmountAvailabilityIdeal For
NEFT (National Electronic Funds Transfer)Half-hourly batches₹1 (No minimum) 24x7x365Routine bills, small & medium transactions
RTGS (Real Time Gross Settlement)Real-time instant₹2,00,000 24x7x365High-value urgent financial transfers
IMPS (Immediate Payment Service)Immediate₹1 (Max ₹5 Lakh) 24x7x365Instant mobile banking & emergency transfers
Both NEFT and RTGS operate 24x7 in India. Always double check the 11-digit IFSC code and recipient account number before submitting your transfer.
Read Complete NEFT vs RTGS vs IMPS Guide →

Frequently Asked Questions: State Bank of India (SBIN0011577)

Which bank does IFSC Code SBIN0011577 belong to?

IFSC Code SBIN0011577 belongs to State Bank of India for its BANDAMUNDA branch, located in RAURKELA, ODISHA. The 4-letter prefix 'SBIN' represents State Bank of India.

What is the IFSC Code for State Bank of India BANDAMUNDA branch?

The IFSC Code for State Bank of India BANDAMUNDA branch in RAURKELA, ODISHA is SBIN0011577. It is used for NEFT, RTGS, and IMPS funds transfer.

What is the address of State Bank of India BANDAMUNDA branch?

The branch is located at: ATCINEMATOLI DUMERTA,POBANDAMUNDA,BANDAMUNDA,ORISSA 770032, Pincode: 770032, RAURKELA, ODISHA.

What is the MICR Code for State Bank of India BANDAMUNDA?

The MICR Code for electronic cheque clearing at State Bank of India BANDAMUNDA is 769002019.

How to decipher the IFSC code SBIN0011577?

The first 4 characters 'SBIN' represent State Bank of India. The 5th character is '0' reserved for future use. The last 6 characters '011577' represent the specific BANDAMUNDA branch code.