Branch Details — SBIN0016124
| Bank Name | State Bank of India |
| Branch Name | IOC Refinery Colony Branch |
| IFSC Code | SBIN0016124 |
| MICR Code | 754002551 |
| Bank Code (RBI) | SBIN |
| Branch Code | 016124 |
| Address | AT AND POSTPARADEEP,DISTT. JAGATSINGHPUR.ODISHA 754141 |
| City | Jagatsinghpur |
| District | Bhubaneswar |
| State | Odisha |
| Toll Free | 1800-11-2211 |
| NEFT | ✓ Enabled — 24×7 |
| RTGS | ✓ Enabled — 24×7 |
| IMPS | ✓ Enabled — 24×7 |
| UPI | ✓ Enabled |
Transfer Methods Using SBIN0016124
NEFT
Available 24×7 including holidays. Settled in 30-minute batches. No minimum. Use IFSC SBIN0016124.
RTGS
Available 24×7. Minimum ₹2 lakh. Real-time gross settlement. Use IFSC SBIN0016124.
IMPS
Instant 24×7, 365 days. Up to ₹5 lakh per transaction.
Frequently Asked Questions
The IFSC code is SBIN0016124. This 11-character RBI-assigned code is required for NEFT, RTGS and IMPS transfers to accounts at State Bank of India IOC Refinery Colony Branch branch, Jagatsinghpur, Odisha.
The MICR code is 754002551. It is a 9-digit code printed at the bottom of cheques, used only for cheque clearing.
Address: AT AND POSTPARADEEP,DISTT. JAGATSINGHPUR.ODISHA 754141. Branch timings: Monday–Friday 9:30 AM – 3:30 PM, Saturday 9:30 AM – 1:30 PM (closed 2nd/4th Saturdays).
SBIN identifies State Bank of India. The 5th character 0 is reserved by RBI. The last 6 characters 016124 identify the IOC Refinery Colony Branch branch.
Yes. State Bank of India IOC Refinery Colony Branch Branch (IFSC: SBIN0016124) is fully enabled for NEFT, RTGS, IMPS, UPI, available 24×7 including weekends and holidays.
Log in to your bank's net banking or mobile app → Fund Transfer → Add Beneficiary → enter account number and IFSC SBIN0016124 → select NEFT/RTGS/IMPS → confirm with OTP.