State Bank of India IOC REFINERY COLONY BRANCH Branch IFSC Code

SBIN 0016124
State Bank of India Logo State Bank of India
IOC REFINERY COLONY BRANCH — JAGATSINGHPUR, ODISHA
MICR: 754002551 RTGS: ✓ NEFT: ✓ IMPS: ✓ UPI: ✓

Branch Details

Bank
State Bank of India
Branch
IOC REFINERY COLONY BRANCH
IFSC Code
SBIN0016124
MICR Code
754002551
Address
AT AND POSTPARADEEP,DISTT. JAGATSINGHPUR.ODISHA 754141
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City
JAGATSINGHPUR
District
BHUBANESWAR
State
ODISHA

How to Use This IFSC Code

NEFT Transfer

Use IFSC code SBIN0016124 to send money via NEFT to this branch. NEFT transfers are processed in hourly batches during working hours. No minimum amount required.

RTGS Transfer

This branch supports RTGS for high-value instant transfers above ₹2 lakhs. Use the same IFSC code SBIN0016124.

IMPS Transfer

IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code SBIN0016124.

IFSC Code Structure

S
B
I
N
0
0
1
6
1
2
4
  • SBIN — Bank code (State Bank of India)
  • 0 — Reserved (always 0)
  • 016124 — Branch code (IOC REFINERY COLONY BRANCH)

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Frequently Asked Questions

Is SBIN0016124 valid for online transfer?
Yes, SBIN0016124 is a valid IFSC code for State Bank of India IOC REFINERY COLONY BRANCH branch in JAGATSINGHPUR, ODISHA. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does SBIN0016124 belong to?
SBIN0016124 belongs to State Bank of India. The first 4 characters "SBIN" identify the bank.
What is the MICR code for this branch?
The MICR code for State Bank of India IOC REFINERY COLONY BRANCH is 754002551. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using SBIN0016124?
Yes, this branch supports RTGS (Real Time Gross Settlement). RTGS is used for high-value instant transfers above ₹2 lakhs. Available on working days during RBI specified hours.