IFSC Code of State Bank of India, BALASORE IND. ESTATE, BALASORE

SBIN0007020

BankState Bank of India
IFSC CodeSBIN0007020
Branch Code007020 (last six characters of IFSC)
BranchBALASORE IND. ESTATE
City / DistrictBALASORE
StateODISHA

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State Bank of India BALASORE IND. ESTATE IFSC Code

The BALASORE IND. ESTATE branch of State Bank of India located in BALASORE, ODISHA is identified by the IFSC code SBIN0007020. This 11-character code is issued by the Reserve Bank of India (RBI) and is required for electronic fund transfers such as NEFT, RTGS, IMPS and UPI.

How to transfer money using SBIN0007020

  1. Log in to your bank’s net banking or mobile banking app.
  2. Choose the NEFT, RTGS or IMPS transfer option.
  3. Add the beneficiary with account number and branch name.
  4. Enter IFSC code SBIN0007020 to identify the BALASORE IND. ESTATE branch.
  5. Enter the amount and confirm the transaction.

Difference between IFSC and MICR

AspectIFSC
Full formIndian Financial System Code
PurposeOnline money transfer (NEFT / RTGS / IMPS)
Format11-character alphanumeric
Issued byReserve Bank of India (RBI)

Frequently asked questions

What is the IFSC code of State Bank of India, BALASORE IND. ESTATE?
The IFSC code is SBIN0007020.

What is the branch code?
The branch code is 007020, the last six characters of the IFSC code.