State Bank of India IFSC Code
CHATRAPUR BAZAR Branch, CHATRAPUR, CHATRAPUR, ODISHA
The official Indian Financial System Code (IFSC) for State Bank of India, CHATRAPUR BAZAR branch in CHATRAPUR, ODISHA is SBIN0012107. The MICR code for cheque clearance is 761002003.
Branch Fact Sheet & Electronic Routing Details
- Bank Name
- State Bank of India
- Branch Name
- CHATRAPUR BAZAR
- MICR Code
- City / District
- CHATRAPUR (CHATRAPUR)
- State
- ODISHA
- Postal Pincode
- 761020
MAIN ROAD,NEAR LIC,CHATRAPUR BAZAR,CHATRAPUR,DISTGANJAM 761020, Pincode: 761020
How to Read IFSC Code: SBIN0012107
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 (SBIN0012107)
What is the IFSC Code for State Bank of India CHATRAPUR BAZAR branch?
The IFSC Code for State Bank of India CHATRAPUR BAZAR branch in CHATRAPUR, ODISHA is SBIN0012107. It is used for NEFT, RTGS, and IMPS funds transfer.
What is the address of State Bank of India CHATRAPUR BAZAR branch?
The branch is located at: MAIN ROAD,NEAR LIC,CHATRAPUR BAZAR,CHATRAPUR,DISTGANJAM 761020, Pincode: 761020, CHATRAPUR, ODISHA.
What is the MICR Code for State Bank of India CHATRAPUR BAZAR?
The MICR Code for electronic cheque clearing at State Bank of India CHATRAPUR BAZAR is 761002003.
How to decipher the IFSC code SBIN0012107?
The first 4 characters 'SBIN' represent State Bank of India. The 5th character is '0' reserved for future use. The last 6 characters '012107' represent the specific CHATRAPUR BAZAR branch code.
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