Use this page as a one-stop reference for everything related to State Bank of India's PALOD branch in PALOD, CHATTISGARH. The branch's IFSC code SBIN0030313 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, SBIN0030313 is the IFSC of State Bank of India's PALOD branch. The format is fixed: SBIN = bank code, 0 = reserved, 030313 = 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 Palod branch in Palod, Chattisgarh is part of this network and uses the IFSC code SBIN0030313 for all electronic settlement.
About this branch
The branch is located at PALOD. It serves the Palod region and is connected to the bank's core banking platform, which means transactions initiated here are instantly visible across all other branches of State Bank of India. The IFSC SBIN0030313 is used to identify this branch on the RBI payments network.
Branch details at a glance
| Bank Name | State Bank of India |
|---|---|
| Branch | Palod |
| IFSC Code | SBIN0030313 |
| MICR Code | Refer to cheque leaf |
| Branch Address | PALOD |
| City | Palod |
| District | Raipur |
| State | Chattisgarh |
| STD Code | 0 |
| Phone | 0 |
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 PALOD branch came to be assigned the code SBIN0030313.
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 SBIN0030313, money simply cannot be routed to the PALOD branch electronically.
MICR code & cheque clearing
Apart from IFSC, every cheque book issued by State Bank of India carries a 9-digit MICR (Magnetic Ink Character Recognition) code that is read by cheque-sorting machines. The MICR code, the IFSC SBIN0030313 and the account number together uniquely identify the Palod branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.
How to transfer money using IFSC SBIN0030313
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 SBIN0030313 across all three.
NEFT to State Bank of India, PALOD using IFSC SBIN0030313
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 SBIN0030313, and confirm that the system picks up State Bank of India – PALOD. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
Real-Time Gross Settlement to PALOD
If you need to transfer ₹2 lakh or more in one go to an account at State Bank of India's PALOD branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC SBIN0030313 while initiating the transfer and the credit will appear within minutes.
IMPS to State Bank of India PALOD (IFSC SBIN0030313)
IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC SBIN0030313 in your mobile or internet banking app, and the money is credited to the PALOD branch account within seconds.
NEFT vs RTGS vs IMPS — which one should you use?
All three modes accept the IFSC SBIN0030313 for State Bank of India – PALOD, 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 – SBIN0030313 | Yes – SBIN0030313 | Yes – SBIN0030313 |
For most retail customers crediting the Palod 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.
How UPI relates to the IFSC code
UPI lets you pay using a short Virtual Payment Address instead of typing the IFSC every time, but behind the scenes every UPI mandate is mapped to an account number plus an IFSC. For accounts at State Bank of India's PALOD branch, the IFSC SBIN0030313 is what the National Payments Corporation of India (NPCI) uses to route the credit when you tap Pay on a UPI app.
That is why, even in the UPI era, it is still worth knowing the IFSC of your home branch — for failed UPI mandates, e-mandate set-ups, third-party platform onboarding and salary or refund credits.
Account types you can open at the Palod branch
Once you have an account at State Bank of India – PALOD, the IFSC SBIN0030313 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 Palod 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 SBIN0030313
Online banking and IFSC SBIN0030313
State Bank of India customers can register for net banking and the bank's official mobile app once their account at the PALOD 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 SBIN0030313 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.
Reaching the branch
The Palod branch sits at PALOD. If you are travelling from outside Palod, search for the branch on a maps application using the bank name and locality, or call 0 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 SBIN0030313 and your account number.
Common mistakes to avoid when using IFSC SBIN0030313
An incorrect IFSC almost always results in a failed transfer or, worse, a credit to the wrong branch. Before you click Confirm on a transfer to State Bank of India – PALOD, double-check for these issues:
- Confusing 0 with O. The fifth character of every IFSC is the digit
0, not the letter O. Read carefully. - Spaces or hyphens. Do not put spaces in the IFSC. It is exactly 11 characters:
SBIN0030313. - Wrong branch. A bank can have dozens of branches in the same city. Make sure you are using the IFSC for the actual branch where the beneficiary holds the account, not just any nearby branch.
- Old IFSC after a merger. If two banks have merged, the IFSC may have been reissued. Always verify with a recent passbook or cheque leaf.
- Copy-paste from chat. Auto-correct on phones can silently change letters in IFSC codes. Type carefully or copy from a trusted source like the cheque book.
Working hours
Branch counters at Palod 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 SBIN0030313 continue to work without interruption.
Verifying IFSC SBIN0030313 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 SBIN0030313 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on 0.
- Visiting the bank's official branch locator page.
Branch address & contact
State Bank of IndiaPalod Branch
PALOD
Palod, Chattisgarh
Phone: 0
IFSC: SBIN0030313
Frequently asked questions
What is the phone number of State Bank of India Palod branch?
You can reach the branch at 0 during regular banking hours.
Is IFSC SBIN0030313 the same for all accounts at Palod branch?
Yes. The IFSC SBIN0030313 is shared by every account held at State Bank of India's Palod branch. Only the account number changes from customer to customer.
Does State Bank of India Palod branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on 0 to confirm.
Where is State Bank of India Palod branch located?
State Bank of India's Palod branch is located at PALOD, Palod, Chattisgarh.
What is the IFSC code of State Bank of India Palod branch?
The IFSC code of State Bank of India, Palod branch is SBIN0030313. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
Is IFSC SBIN0030313 valid for NEFT and RTGS?
Yes. IFSC SBIN0030313 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
How quickly will an NEFT transfer using SBIN0030313 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to State Bank of India – Palod reflect within 30 minutes.
How do I add State Bank of India Palod as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC SBIN0030313, and complete OTP verification. Once activated, you can transfer funds at any time.
Summary
The IFSC code SBIN0030313 belongs to State Bank of India's PALOD branch, located at PALOD in PALOD, CHATTISGARH. 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.
