State Bank of India Ioc Refinery Colony Branch Branch โ€” IFSC Code

JAGATSINGHPUR, ODISHA

IFSC Code

SBIN0016124

IFSC CodeSBIN0016124
MICR Code754002551
BankState Bank of India
BranchIoc Refinery Colony Branch
CityJAGATSINGHPUR
DistrictBHUBANESWAR
StateODISHA
AddressAT AND POSTPARADEEP,DISTT. JAGATSINGHPUR.ODISHA 754141
Contactโ€”
NEFT EnabledYes โœ…
RTGS EnabledYes โœ…
IMPS EnabledYes โœ…
UPI EnabledYes โœ…

๐Ÿ“…Data sourced from RBI IFSC directory. Last verified: May 2026.Verify at State Bank of India official site โ†’

How to Use IFSC Code SBIN0016124

  1. 1. Login to your bank's mobile app or net banking
  2. 2. Go to Fund Transfer โ†’ Add Beneficiary
  3. 3. Enter recipient's account number + IFSC: SBIN0016124
  4. 4. Wait 30 minโ€“24 hrs for beneficiary activation
  5. 5. Transfer via NEFT (free) or RTGS (โ‚น2L+, instant)

IFSC Code Format โ€” State Bank of India

SBIN0016124
โ†‘ Bank codeโ†‘ Reservedโ†‘ Branch code

Frequently Asked Questions

What is the IFSC code of State Bank of India Ioc Refinery Colony Branch?

The IFSC code is SBIN0016124. Use this for NEFT, RTGS, and IMPS transfers to State Bank of India Ioc Refinery Colony Branch branch in JAGATSINGHPUR.

What is the MICR code of State Bank of India Ioc Refinery Colony Branch?

The MICR code is 754002551. MICR codes are used for cheque processing, not for digital transfers.

Is SBIN0016124 valid for UPI transfers?

UPI transfers using a UPI ID do not require IFSC โ€” the app resolves it automatically. Use SBIN0016124 only for NEFT, RTGS, or IMPS when adding a bank account manually.