Question 1

How can I verify the IFSC code of State Bank Of India Balasore branch?

Accepted Answer

The IFSC code for State Bank Of India Balasore branch in Balasore is SBIN0000016. The branch is strategically located to serve the Balasore region within Odisha. For accurate fund routing, ensure you use IFSC SBIN0000016 in all your transaction forms.

Question 2

What payment methods work with Balasore IFSC code?

Accepted Answer

Yes, you can use IFSC code SBIN0000016 for digital payment systems to transfer funds to accounts held at Balasore. All modern payment methods are supported, ensuring quick and secure fund transfers to Balasore-based accounts. Find all State Bank Of India branches across Odisha in our state-wise directory.

Question 3

What types of accounts can I open at Balasore?

Accepted Answer

Balasore offers a comprehensive range of banking services including account opening, fund transfers, cheque services, locker facilities, and financial advisory. The branch maintains extended customer service hours and digital banking facilities for 24/7 account access. The branch staff can guide you through account setup, loan applications, and investment planning.

Question 4

How do I use the MICR code 756002002 for cheque clearing?

Accepted Answer

The MICR code for Balasore is 756002002, which is used for automated cheque processing. The 9-digit MICR code 756002002 facilitates faster cheque processing through the National Clearing Centre, complementing the IFSC SBIN0000016. Banks use MICR 756002002 to authenticate and process cheques drawn on Balasore efficiently.

Question 5

Is the IFSC code SBIN0000016 still active and operational?

Accepted Answer

To confirm Balasore branch details, verify the IFSC SBIN0000016 matches your bank passbook or official statement. This information was verified against RBI's official IFSC database on February 2026 to maintain data integrity. If you notice any discrepancies, please report them to ensure data accuracy for the Balasore banking community.

SBIN0000016 - Balasore State Bank Of India IFSC Code Balasore

Full Branch Details for SBIN0000016

IFSC Format Breakdown

MICR Code Details

Branch Contact & Location Details

How to Use SBIN0000016 for Bank Transfers (NEFT/RTGS/IMPS/UPI)

Step-by-Step: How to Transfer Money Using This IFSC Code

Frequently Asked Questions – Balasore Branch, Balasore

Location Map & Directions

Nearby State Bank Of India Branches in Balasore

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