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State Bank of India

SORDA BRANCH

IFSC CODE
SBIN0007001
MICR Code 770002517
Branch Code 007001
City / District SUNDARGARH
State ODISHA
Office Address DIST,SUNDARGARHSTATE,ORISSAPIN,700035,
Phone Not Available
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Understanding IFSC Code: The Digital DNA of State Bank of India

When performing any digital transaction in India, the Indian Financial System Code (IFSC) acts as a critical identifier. For the SORDA branch of State Bank of India, the code SBIN0007001 ensures that your funds are routed through the Reserve Bank of India's (RBI) structured network without manual errors. In an era of instant payments, having the correct IFSC is as important as the account number itself.

Anatomy of the SBIN0007001 Code

An IFSC is an 11-character alphanumeric code. Let's break down the logic behind the code for this specific branch:

First 4

Bank Identity

"SBIN" represents State Bank of India

5th Digit

Control Character

Always '0' (Reserved for future use)

Last 6

Branch Locator

Unique code for SORDA

Payment Systems Supported by SBIN0007001

System Transfer Limit Processing Time
NEFT No Minimum (Up to ₹50 Lakhs+) Half-hourly batches (24x7)
RTGS Minimum ₹2 Lakhs Real-time settlement
IMPS Up to ₹5 Lakhs Instant (Mobile/P2P)

Why do you need the MICR Code?

While IFSC is for digital transfers, the Magnetic Ink Character Recognition (MICR) code—770002517—is primarily used for the processing and clearance of physical cheques. This 9-digit code helps in identifying the bank and branch during the Cheque Truncation System (CTS) cycle, making clearing faster and error-free.

Bank Holidays & Availability

The State Bank of India in SUNDARGARH typically follows the RBI holiday calendar. Digital transfers via SBIN0007001 for NEFT/RTGS are now available 365 days a year, regardless of physical branch timings or Sunday closures.

Security Warning & Verification

Always verify the branch details before making a large payment. While SBIN0007001 is the valid code for SORDA at SUNDARGARH, ensure the beneficiary name matches perfectly in your mobile banking app.

RBI Verified NEFT Enabled RTGS 24x7

Bank Search Indexing & Metadata

Related Searches

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Branch Context

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Platform Links

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