Use this page as a one-stop reference for everything related to State Bank of India's FUND SETTLEMENT LINK OFFICE branch in BHUBANESWAR, ODISHA. The branch's IFSC code SBIN0004056 is the key identifier you need whenever a remitter, employer or biller asks for a bank routing number to send funds to an account held at this branch. We have also included the branch's postal address, telephone number, banking hours, common services, and an extensive FAQ block that should answer almost every question that comes up when you are about to add this branch as a beneficiary in your net-banking app for the first time.
IFSC stands for Indian Financial System Code. It is an 11-character code that pinpoints a particular bank branch on the RBI's real-time payment rails. Every NEFT, RTGS or IMPS instruction must carry the destination branch's IFSC for the credit to land in the correct account.
In our case, SBIN0004056 is the IFSC of State Bank of India's FUND SETTLEMENT LINK OFFICE branch. The format is fixed: SBIN = bank code, 0 = reserved, 004056 = branch identifier.
Branch details at a glance
| Bank Name | State Bank of India |
|---|---|
| Branch | Fund Settlement Link Office |
| IFSC Code | SBIN0004056 |
| MICR Code | Refer to cheque leaf |
| Branch Address | DIST,KHURDASTATE,ORISSAPIN,751001, |
| City | Bhubaneswar |
| District | Khurda |
| State | Odisha |
Bank profile
State Bank of India is among the recognised banks listed on the Reserve Bank of India's payments network. The Fund Settlement Link Office branch — IFSC SBIN0004056 — extends the bank's services to customers in and around Bhubaneswar, Odisha.
About the Fund Settlement Link Office branch
The Fund Settlement Link Office branch of State Bank of India is situated at DIST,KHURDASTATE,ORISSAPIN,751001,. Customers visiting this branch can complete cash deposits, withdrawals, demand draft requests, cheque clearing, passbook updates and KYC formalities. For online transactions to or from this branch, the IFSC code SBIN0004056 is used.
Why every State Bank of India branch has a unique IFSC
Before electronic settlement systems went live in India, money transfers between banks relied heavily on demand drafts, mail transfers and telegraphic transfers. These older instruments routinely took days to clear and were prone to misrouting because there was no single machine-readable identifier for a branch. The Reserve Bank of India solved this by issuing each participating branch — including FUND SETTLEMENT LINK OFFICE of State Bank of India — its own 11-character IFSC. The code SBIN0004056 is therefore not just an internal reference; it is the digital postcode that lets the RBI's NEFT, RTGS and IMPS rails route funds straight to the right branch ledger without any human intervention.
Today, almost every salary credit, vendor payment, refund and EMI deduction in the country flows through this network, which is exactly why a correct IFSC matters so much. A wrong character can either bounce the transfer or send it to the wrong branch, and reversing such a credit is a manual, time-consuming process. Treat IFSC SBIN0004056 the same way you would treat your account number — verify it once and save it carefully for future use.
How to transfer money using IFSC SBIN0004056
Online transfers in India are powered by three major channels — NEFT, RTGS and IMPS — and each one requires a destination IFSC. Below is a quick guide for using IFSC SBIN0004056 across all three.
NEFT to State Bank of India, FUND SETTLEMENT LINK OFFICE using IFSC SBIN0004056
National Electronic Funds Transfer is the simplest way to move money into an account at this branch. NEFT works around the clock, including Sundays and public holidays, and settles in half-hourly batches.
To send funds, add the recipient as a beneficiary in your bank's online portal, key in the account number, paste the IFSC SBIN0004056, and confirm that the system picks up State Bank of India – FUND SETTLEMENT LINK OFFICE. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
Real-Time Gross Settlement to FUND SETTLEMENT LINK OFFICE
If you need to transfer ₹2 lakh or more in one go to an account at State Bank of India's FUND SETTLEMENT LINK OFFICE branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC SBIN0004056 while initiating the transfer and the credit will appear within minutes.
Send money instantly through IMPS
For a real-time, anytime transfer to State Bank of India – FUND SETTLEMENT LINK OFFICE, use IMPS. With IFSC SBIN0004056 and the beneficiary's account number you can move up to ₹5 lakh per transaction with instant credit, any day of the year.
NEFT vs RTGS vs IMPS — which one should you use?
All three modes accept the IFSC SBIN0004056 for State Bank of India – FUND SETTLEMENT LINK OFFICE, but they differ in speed, minimum amount and use case. The table below summarises the differences so you can pick the right channel for the situation at hand.
| Parameter | NEFT | RTGS | IMPS |
|---|---|---|---|
| Minimum amount | ₹1 | ₹2,00,000 | ₹1 |
| Maximum amount | No RBI cap | No RBI cap | ₹5,00,000 |
| Settlement | Half-hourly batches | Real-time | Real-time |
| Availability | 24x7 | 24x7 | 24x7 |
| Best for | Routine transfers | High-value transfers | Urgent small / mid transfers |
| IFSC required | Yes – SBIN0004056 | Yes – SBIN0004056 | Yes – SBIN0004056 |
For most retail customers crediting the Fund Settlement Link Office branch, NEFT or IMPS will be the quickest and most economical option. RTGS comes in for one-off, high-value movements such as property purchases, vendor settlements or large gifts.
UPI payments and IFSC SBIN0004056
UPI (Unified Payments Interface) has become the default way for individuals to send money in India. While most UPI transactions are addressed using a Virtual Payment Address (VPA) like name@bank, the underlying account at State Bank of India – FUND SETTLEMENT LINK OFFICE is still mapped to IFSC SBIN0004056. When a customer links a savings or current account to a UPI app for the first time, the app silently looks up this IFSC against the account number to verify the account exists. The VPA acts as a friendly alias on top of the same plumbing.
If a UPI transfer to or from this branch fails, the most common reasons are an inactive UPI handle, a daily limit breach or a temporary outage at one of the participating banks — not the IFSC. You can always fall back to NEFT or IMPS using the IFSC SBIN0004056 and the beneficiary's account number to complete the transfer.
Account types you can open at the Fund Settlement Link Office branch
Once you have an account at State Bank of India – FUND SETTLEMENT LINK OFFICE, the IFSC SBIN0004056 stays the same regardless of the type of account you hold. The branch typically supports the following options:
- Savings account — for individuals, with chequebook, ATM card and net-banking access.
- Current account — for sole proprietors, partnerships and companies that need higher transaction volumes.
- Salary account — opened in bulk for corporate employees, often with zero-balance benefits.
- NRE / NRO accounts — for non-resident Indians who want to repatriate or maintain rupee balances in India.
- Fixed deposit and recurring deposit — term-based investment accounts with quarterly or cumulative interest.
- Senior citizen accounts — concessional minimum balance and a small interest rate premium on FDs.
- Minor and student accounts — operated jointly with a guardian until the customer turns 18.
Eligibility, minimum balance and KYC requirements vary by product. Speak to a relationship officer at the branch for the latest schedule of charges and interest rates.
Banking services available
The Fund Settlement Link Office branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on the branch contact number.
- Savings, current and salary accounts
- Fixed deposits and recurring deposits
- Personal, vehicle and home loans
- Demat and investment products (where supported)
- Internet banking and mobile banking enrolment
- Debit and credit card issuance
- Locker facilities (subject to availability)
- Foreign exchange services (at authorised branches)
- Bill payments, demand drafts and pay orders
- NEFT / RTGS / IMPS / UPI fund transfers using IFSC SBIN0004056
MICR & cheque-truncation details
Cheques drawn on the Fund Settlement Link Office branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC SBIN0004056 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.
Online banking and IFSC SBIN0004056
State Bank of India customers can register for net banking and the bank's official mobile app once their account at the FUND SETTLEMENT LINK OFFICE branch is active. Net banking lets you view balances, download statements, open fixed deposits, request cheque books and initiate NEFT/RTGS/IMPS transfers — all without setting foot in the branch. The IFSC SBIN0004056 is pre-filled by the bank for transfers originating from your own account, and you only need to enter it manually when adding an external beneficiary or sharing your account details with a third party.
Things to verify before sending money
Banking errors are usually small typos that snowball into delayed credits and customer-care follow-ups. Use this short checklist before you confirm any transfer to State Bank of India – FUND SETTLEMENT LINK OFFICE:
- The IFSC is exactly SBIN0004056 with no extra spaces.
- The beneficiary's account number matches what they shared, digit for digit.
- The portal auto-fills State Bank of India as the bank name and FUND SETTLEMENT LINK OFFICE as the branch.
- The amount and the purpose of payment are correct.
- You have a valid OTP-verifying mobile number on hand.
A 30-second review here saves hours of reconciliation later.
Reaching the branch
The Fund Settlement Link Office branch sits at DIST,KHURDASTATE,ORISSAPIN,751001,. If you are travelling from outside Bhubaneswar, search for the branch on a maps application using the bank name and locality, or call the branch contact number to ask for landmarks. Many customers find it easier to skip the trip altogether: net banking, mobile apps, NEFT, RTGS, IMPS and UPI all work using the IFSC SBIN0004056 and your account number.
Other ways to verify the IFSC code
While this page already lists the verified IFSC SBIN0004056 for State Bank of India – FUND SETTLEMENT LINK OFFICE, you can cross-check the code from any of these sources before initiating a high-value transfer:
- The front of the cheque book issued by the branch – the IFSC is printed at the top of every leaf.
- The first page of your passbook.
- The bank's official website under the branch locator.
- The Reserve Bank of India's IFSC search portal.
- Net banking dashboards usually display the home-branch IFSC under account details.
Branch banking hours and holidays
Indian bank branches typically operate from 10:00 AM to 4:00 PM, Monday to Friday, and from 10:00 AM to 2:00 PM on working Saturdays (usually the 1st, 3rd and 5th Saturdays). The Fund Settlement Link Office branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC SBIN0004056, however, work 24x7.
Branch address & contact
State Bank of IndiaFund Settlement Link Office Branch
DIST,KHURDASTATE,ORISSAPIN,751001,
Bhubaneswar, Odisha
Phone: the branch contact number
IFSC: SBIN0004056
Frequently asked questions
Does State Bank of India Fund Settlement Link Office branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on the branch contact number to confirm.
Is IFSC SBIN0004056 valid for NEFT and RTGS?
Yes. IFSC SBIN0004056 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
How do I add State Bank of India Fund Settlement Link Office as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC SBIN0004056, and complete OTP verification. Once activated, you can transfer funds at any time.
What is the difference between IFSC and MICR code?
IFSC is an 11-character alphanumeric code used for online transfers, while MICR is a 9-digit numeric code printed on cheques and used by cheque-clearing machines. Both identify the Fund Settlement Link Office branch but serve different purposes.
Where is State Bank of India Fund Settlement Link Office branch located?
State Bank of India's Fund Settlement Link Office branch is located at DIST,KHURDASTATE,ORISSAPIN,751001,, Bhubaneswar, Odisha.
How quickly will an NEFT transfer using SBIN0004056 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to State Bank of India – Fund Settlement Link Office reflect within 30 minutes.
What is the phone number of State Bank of India Fund Settlement Link Office branch?
You can reach the branch at the branch contact number during regular banking hours.
Summary
The IFSC code SBIN0004056 belongs to State Bank of India's FUND SETTLEMENT LINK OFFICE branch, located at DIST,KHURDASTATE,ORISSAPIN,751001, in BHUBANESWAR, ODISHA. Use this code along with the beneficiary's account number for any NEFT, RTGS or IMPS transfer to this branch. Bookmark this page for quick reference whenever you need the branch's banking details.
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