State Bank of India — LAXMIPUR Branch

KORAPUT, ODISHA

IFSC Code SBIN0012098
MICR Code 764002528

Available Services

IMPS RTGS NEFT UPI

Branch Details

Bank Name State Bank of India
Branch Name LAXMIPUR
IFSC Code SBIN0012098
MICR Code 764002528
SWIFT Code N/A
Address OPPOSITE VETERENARY OFFICE.MAIN ROAD,LAXMIPUR,DISTT.KORAPUT.ODISHA 765013
City KORAPUT
District LAXMIPUR
State ODISHA
Contact Number +919439024696

How to Use SBIN0012098 for Money Transfers

The IFSC code SBIN0012098 is specifically assigned to the LAXMIPUR branch of State Bank of India located in KORAPUT, ODISHA. This unique code is mandatory for routing electronic payments correctly within India.

NEFT Transfer

Use SBIN0012098 when adding this branch as a beneficiary in NEFT transactions. NEFT operates in half-hourly batches from 12:30 AM to 12:00 AM on all days. Enter the IFSC, account number, and account holder name carefully to ensure successful transfer.

RTGS Transfer

For high-value transactions above ₹2 lakh, RTGS offers real-time gross settlement. Use SBIN0012098 along with the beneficiary's exact account number. RTGS is available on working days from 7:00 AM to 6:00 PM.

IMPS & UPI

IMPS and UPI allow instant 24×7 transfers. While UPI apps often auto-resolve the IFSC from the VPA, mobile banking apps require SBIN0012098 when registering a new beneficiary.

Always double-check the account number before confirming any transfer — the IFSC routes funds to the correct branch, but the account number specifies the exact recipient.

⚠ Important Reminder Always verify the beneficiary account number and name before initiating a transfer. An incorrect account number may result in failed or misdirected transactions.

About State Bank of India LAXMIPUR Branch

The LAXMIPUR branch of State Bank of India is situated in KORAPUT, ODISHA. The branch address is OPPOSITE VETERENARY OFFICE.MAIN ROAD,LAXMIPUR,DISTT.KORAPUT.ODISHA 765013. This branch supports electronic payment services including NEFT, RTGS, IMPS, and UPI. You can contact this branch at +919439024696. Always use the IFSC code SBIN0012098 when making any online fund transfer to an account held at this branch.

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