Use this page as a one-stop reference for everything related to State Bank of India's BUXI BAZAR CUTTACK branch in BUXIBAZAR, ODISHA. The branch's IFSC code SBIN0002036 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, SBIN0002036 is the IFSC of State Bank of India's BUXI BAZAR CUTTACK branch. The format is fixed: SBIN = bank code, 0 = reserved, 002036 = branch identifier.
About the bank
State Bank of India serves retail and corporate customers with a full range of deposit, lending, payments and digital banking products. Its Buxi Bazar Cuttack branch in Buxibazar, Odisha is part of this network and uses the IFSC code SBIN0002036 for all electronic settlement.
Branch details at a glance
| Bank Name | State Bank of India |
|---|---|
| Branch | Buxi Bazar Cuttack |
| IFSC Code | SBIN0002036 |
| MICR Code | Refer to cheque leaf |
| Branch Address | P.O.BUXIBAZAR,CUTTACK |
| City | Buxibazar |
| District | Cuttack |
| State | Odisha |
Buxi Bazar Cuttack branch overview
Located at P.O.BUXIBAZAR,CUTTACK, the Buxi Bazar Cuttack branch handles regular banking operations such as account opening, fixed and recurring deposits, locker facilities, loans, and trade finance services where applicable. The IFSC SBIN0002036 is required for all interbank electronic transfers routed through this branch.
The role of IFSC in India's payments network
India's electronic payment infrastructure — NEFT, RTGS, IMPS, UPI and the National Automated Clearing House (NACH) — is built on a single principle: every participating bank branch must be uniquely identifiable by an alphanumeric code. The Reserve Bank of India introduced the IFSC system to fulfil this requirement, and that is how State Bank of India's BUXI BAZAR CUTTACK branch came to be assigned the code SBIN0002036.
Whether you are receiving a salary on the first of the month, paying a vendor invoice, settling an EMI, or accepting a refund from an e-commerce platform, the IFSC is the silent piece of metadata that tells the network where your account lives. Without IFSC SBIN0002036, money simply cannot be routed to the BUXI BAZAR CUTTACK branch electronically.
Account types you can open at the Buxi Bazar Cuttack branch
Once you have an account at State Bank of India – BUXI BAZAR CUTTACK, the IFSC SBIN0002036 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.
Products and services
Customers walking into the Buxi Bazar Cuttack branch can access most of State Bank of India's standard product suite, including:
- Account opening – savings, current, NRI, salary
- Term deposits and recurring deposits
- Retail and small-business loans
- Insurance and mutual-fund tie-ups
- Locker, safe deposit and ATM card services
- Online and mobile banking activation
- Electronic transfers via IFSC SBIN0002036
How to transfer money using IFSC SBIN0002036
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 SBIN0002036 across all three.
NEFT to State Bank of India, BUXI BAZAR CUTTACK using IFSC SBIN0002036
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 SBIN0002036, and confirm that the system picks up State Bank of India – BUXI BAZAR CUTTACK. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
RTGS transfers via IFSC SBIN0002036
RTGS (Real-Time Gross Settlement) is the fastest high-value transfer mechanism in India. It is meant for transfers of ₹2 lakh and above and settles each transaction individually and instantly. To remit through RTGS to State Bank of India – BUXI BAZAR CUTTACK, ensure your bank's portal accepts IFSC SBIN0002036 while registering the beneficiary. RTGS is also available 24x7.
Send money instantly through IMPS
For a real-time, anytime transfer to State Bank of India – BUXI BAZAR CUTTACK, use IMPS. With IFSC SBIN0002036 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 SBIN0002036 for State Bank of India – BUXI BAZAR CUTTACK, 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 – SBIN0002036 | Yes – SBIN0002036 | Yes – SBIN0002036 |
For most retail customers crediting the Buxi Bazar Cuttack 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 SBIN0002036
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 – BUXI BAZAR CUTTACK is still mapped to IFSC SBIN0002036. 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 SBIN0002036 and the beneficiary's account number to complete the transfer.
Digital banking channels
Most day-to-day work that customers used to do at the Buxi Bazar Cuttack branch counter can now be completed digitally — adding a beneficiary, transferring funds, applying for a fixed deposit, raising a service request or downloading account statements. The IFSC SBIN0002036 is the link between the digital channel and the branch ledger; once a transaction is confirmed, the credit or debit is reflected in the same core banking system that the branch officers see.
MICR & cheque-truncation details
Cheques drawn on the Buxi Bazar Cuttack branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC SBIN0002036 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.
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 – BUXI BAZAR CUTTACK:
- The IFSC is exactly SBIN0002036 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 BUXI BAZAR CUTTACK 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 Buxi Bazar Cuttack branch sits at P.O.BUXIBAZAR,CUTTACK. If you are travelling from outside Buxibazar, 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 SBIN0002036 and your account number.
Verifying IFSC SBIN0002036 from official sources
The IFSC listed on this page is sourced from the RBI's master list and validated against the bank's branch directory. To double-check before transferring large sums, you can also confirm SBIN0002036 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on the branch contact number.
- Visiting the bank's official branch locator page.
Working hours
Branch counters at Buxi Bazar Cuttack are usually open from 10 AM to 4 PM on weekdays. Saturdays follow the RBI's alternate-Saturday rule. Even when the branch is closed, NEFT, RTGS, IMPS and UPI transfers addressed to SBIN0002036 continue to work without interruption.
Branch address & contact
State Bank of IndiaBuxi Bazar Cuttack Branch
P.O.BUXIBAZAR,CUTTACK
Buxibazar, Odisha
Phone: the branch contact number
IFSC: SBIN0002036
Frequently asked questions
Where is State Bank of India Buxi Bazar Cuttack branch located?
State Bank of India's Buxi Bazar Cuttack branch is located at P.O.BUXIBAZAR,CUTTACK, Buxibazar, Odisha.
Can I use IFSC SBIN0002036 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC SBIN0002036 to send funds instantly.
What is the phone number of State Bank of India Buxi Bazar Cuttack branch?
You can reach the branch at the branch contact number during regular banking hours.
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 Buxi Bazar Cuttack branch but serve different purposes.
Is IFSC SBIN0002036 the same for all accounts at Buxi Bazar Cuttack branch?
Yes. The IFSC SBIN0002036 is shared by every account held at State Bank of India's Buxi Bazar Cuttack branch. Only the account number changes from customer to customer.
How quickly will an NEFT transfer using SBIN0002036 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to State Bank of India – Buxi Bazar Cuttack reflect within 30 minutes.
Is IFSC SBIN0002036 valid for NEFT and RTGS?
Yes. IFSC SBIN0002036 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
How do I add State Bank of India Buxi Bazar Cuttack as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC SBIN0002036, and complete OTP verification. Once activated, you can transfer funds at any time.
Final notes
To recap: SBIN0002036 is the IFSC code of State Bank of India, BUXI BAZAR CUTTACK branch, in BUXIBAZAR, ODISHA. It is required for every electronic transfer to an account held at this branch. We keep this page updated with the latest address and contact details, so you can rely on the information here for your day-to-day banking needs.
More Articles for IFSC Code
IFSC Code of Zila Sahakri Bank Limited Ghaziabad, Loni Branch, Uttar Pradesh
