Select Branch for State Bank Of India in Coimbatore, Tamil Nadu

Choose a branch to view IFSC code and details

Branch
Aachipatti

SBIN0071060

NO2,MVGNAGAR,1STFLOOR,KOVAIMAINROADAACHIPATTI,POLLACHI642002AACHIPATTIATSBTCOIN

Branch
Afs Sulur

SBIN0004882

COIMBATORE, TAMILNADU

Branch
Agri. Commercial Branch, Coimbatore

SBIN0014439

BMH SRINIVAS,AIR INDIA BUILDING TRICHY ROAD,COIMBATORE,DISTCOIMBATORE641018

Branch
Air Force Station Campus Sulur

SBIN0065134

AIR FORCE STATION CAMPUSSULUR COIMBATORE 641401

Branch
Amaravathi Nagar

SBIN0002191

DIST COIMBATORE, TAMIL NADU 642401

Branch
Ambarampalayam

SBIN0071155

2BY128,PALLIVASALSTREET,AMBARAMPALAYAMPIN641104

Branch
Anaimalai

SBIN0002194

13 KRISHNA IYENGAR ST POLLACHI TALUK DISTT COIMBATORE TAMIL NADU 642104

Branch
Annur

SBIN0015218

SF NO:280/1 SATHY ROAD, ANNUR AND POST COIMBATORE 641653

Branch
Avanashi

SBIN0000759

WEST CAR STREET DISTT COIMBATORE TAMIL NADU 641654

Branch
Avanashi Road, Coimbatore

SBIN0013438

SF NO.597,AVANASHI ROAD,THOTTIPALAYAM PIRIVU,CIVIL AERODROME POST,COIMBATORE,PIN641034

Branch
Avaramapalayam

SBIN0021453

O ODVL

Branch
Avinashi

SBIN0040551

POST OFFICE MAIN RD,AVINASHI

Branch
Cac Coimbatore

SBIN0010195

CURRENCY ADMINISTRATION CELL,SBI BUILDINGS,STATE BANK ROAD,COIMBATORE 641018

Branch
Cac DharmaPuri

SBIN0061982

PB NO.1, BYEPASS ROAD, DHARMAPURI, TAMIL NADU, PIN CODE 636701.

Branch
Cac Udaghamandalam

SBIN0061976

C-O STATE BANK OF INDIA, UDAGHAMANDALAM MAIN BRANCH, COMMISSIONER ROAD, UAGHAMANDALAM 643001

Branch
Cac, Karur

SBIN0063092

PB NO.2, 13-16 BYEPASS ROAD, KARUR, TAMIL NADU, PIN CODE 639001.

Branch
Cheran Ma Nagar

SBIN0061797

SITE NO 2-9,SF NO 231,KUMUDHAM NAGAR,VILANKURICHI MAIN ROAD,VILANKURICHI,COIMBATORE-641035

Branch
Chettipalayam

SBIN0002208

DIST COIMBATORE, TAMILNADU 641 201

Branch
Cheyur

SBIN0002209

DIST COIMBATORE, TAMIL NADU 634655

Branch
Chinnakallipatti

SBIN0071178

1BY151,RANGAMPALAYAMCHINNAKALLIPATTIPOSIRUMUGAICOIMBATORE641302

Branch
Chinnampalayam

SBIN0015764

SURVEY NO. 109 / 5, OPPOSITE TO RTO OFFICE, UDUMALPET ROAD, CHINNAMPALAYAM,POLLACHI642003, COIMBATORE DISTRICT

Branch
Chinnaveerampatty

SBIN0071065

3126A,CHINNAVEERAMPATTI,TIRUPURROAD,PUKKULAMPO642154CHINNAVEERAMPATTIATSBTCOIN

Branch
Chithode

SBIN0018642

SATHY ROAD, CHITHODE, DISTT.ERODE. TAMIL NADU-638102

Branch
Coimbatore

SBIN0000827

POST BOX NO. 3860, STATE BANK ROAD,COIMBATORE,TAMILNADU 641018

Branch
Coimbatore City

SBIN0000990

COIMBATORE,TAMILNADU

Branch
Commercial Branch, Coimbatore

SBIN0007536

INDIA HOUSE 1443 TRICHY RD COIMBATORE TN

Branch
Commercial TiruPur

SBIN0004201

VEERAPAN.COMPLEX,24,STANES.ROAD,PIN.641602

Branch
Cto Complex, Coimbatore

SBIN0005790

COMMERCIAL TAXES BUILDINGS,DR BALASUNDARAM CHETTIAR ROAD ,COIMBATORE, TAMILNADU ,PIN - 641018

Branch
Dac Coimbatore

SBIN0013061

34A,OLD CIVIL AERODROME ROAD,NEELI KONAMPALAYAM,COIMBATORE 33,DIST COIMBATORE 641033

Branch
Devanurpudur

SBIN0004651

NO.1 BY 233, ANAMALAI ROAD, UDUMALPET TK CBE-DT, DISTT. COIMBATORE, TAMIL NADU 642207

Branch
District Sales Hub V Coimbatore

SBIN0062444

965, HARITA CENTRE, LAKSHMI MILLS JUNCTION, AVANASHI ROAD, COIMBATORE - 641037

Branch
Eettiveerampalayam

SBIN0071144

GRFLRNETHAJIAPPARELCOMPLEXTIRUPUR641666

Branch
Fimm Racc Iv Sathyamangalam

SBIN0062443

SBI, SATHY ADB BUILDINGS, 113 ATHANI ROAD, SATHYAMANGALAM - 648401

Branch
Ganapaty

SBIN0003690

DISTCOIMBATORE TAMIL NADU 641012

Branch
GanesaPuram

SBIN0007230

KATTAMPATTI P.O. AVANASHI TALUK,PIN641107

Branch
GopalaPuram

SBIN0071232

FIRSTFLOOR,AMMANBUILDINGS,GOPALAPURAM,MANNURPO,POLLACHITALUK,COIMBATOREDIST,TAMILNADU-642005

Branch
Goundampalayam

SBIN0012244

SF NO 407 BY 1 PART,THADAGAM ROAD,EDAYARPALAYAM,COIMBATORE 641025

Branch
Govt College Of Technology Coimbatore

SBIN0010432

THADAGAM ROAD COIMBATORE TAMIL NADU 641013

Branch
Hlc Pollachi

SBIN0064735

NO.1,PALAKKAD ROAD,POLLACHI,COIMBATORE-642001

Branch
Jallipatti

SBIN0002218

DISTCOIMBATORE TAMIL NADU 642112

Branch
Kalangal

SBIN0071059

NO2276F,KALANGALPO,SULUR641402KALANGALATSBTCOIN

Branch
Kalapatti

SBIN0021798

F9KYRDHGTRDU

Branch
Kalapatti Coimbatore

SBIN0032465

NEHRU NAGAR SF NO 7663 PART,KALAPATTI MAIN ROAD,COIMBATORE 641014 DIST COIMBATORE STATE TAMILNADU

Branch
Kambalapatti

SBIN0007635

COIMBATORESTATE TAMILNADUPIN 642007

Branch
Kannappa Nagar

SBIN0016384

SF 72 / 5, SITE NO. 2, S P KANNUSAMY STREET, KANNAPPA NAGAR, RATHNAPURI PO, COIMBATORE641027

Branch
Karamadai

SBIN0013437

EAST CAR STREET,KARAMADAI PO,COIMBATORE DISTRICT,TAMILNADU641025

Branch
Karavalur

SBIN0071058

NO435DWESTCARSTREETNEARBUSSTOP,KARAVALURPOAVINASHITALUK641670KARAVALURATSBTCOIN

Branch
Karegoundenpalayam

SBIN0071157

WARD6,MILEKAL,KAREGOUNDENPALAYAMPOAVANASHITKPIN641653

Branch
Kattur

SBIN0071064

NO109,METTUKADAI,KATTUR641667KATTUATSBTCOIN

Branch
Keeranatham

SBIN0071056

NO436,MARIAMMANKOILSTREET,KEERANATHAMPO641035

Branch
Kethanur

SBIN0007636

DIST COIMBATORE, TAMIL NADU 638671

Branch
Kinathukadavu

SBIN0012656

BAZAAR STREET,KINATHUKADAVU,POLLACHI TALUK,COIMBATORE DISTRICT 641109

Branch
Kovaipudur

SBIN0015472

AMIRTHA COMPLEX, W81 KOVAI PUDUR MAIN ROAD, COIMBATORE641042

Branch
Kuniamuthur

SBIN0012245

SF NO 393 BY 2,K K RAJU SERVAI BUILDING,PALGHAT MAIN ROAD,KUNIAMUTHUR,COIMBATORE 641008

Branch
Kunnathur

SBIN0014784

KUNNATHUR,614,UTHUKULI ROAD,KUNNATHUR,AVANASHI TALUK,DIST COIMBATORE 638103

Branch
MadapPur

SBIN0071057

NEWNO1382,THOTTIPALAYAM,KVMADAPPURPO,SOMANUR,COIMBATOREDIST641668MADAPURATSBTCOIN

Branch
MahalingaPuram

SBIN0064985

NO1, VENKATRAMAN ROUND ROAD, MAHALINGAPURAM POLLACHI-642002

Branch
Malumichampatti

SBIN0015017

SF NO 248,SITE NO 3,POLLACHI MAIN ROAD,MALUMICHAMPATTI,COIMBATORE 641021,DIST COIMBATORE 641021

Branch
Maniakarampalayam

SBIN0012778

NEHRU AVENUE,BHARATHIAR ROAD,MANIAKARAMPALAYAM,DISTCOIMBATORE641006

Branch
Manimangalam

SBIN0064928

9/209, EAST MADA STREET, FIRST FLOOR, MANIMANGALAM - 601301, SRIPERUMPUDUR TALUK, KANCHEPURM DISTRICT

Branch
Marudur

SBIN0071154

BYB1,MAINROADMARUDUR,COIMBATOREDISTPIN641104

Branch
Mettupalayam

SBIN0001384

212A, KARAMADAI RD., EMS COMPLEX, METTUPALAYAM, TAMILNADU

Branch
Mettupalayam Road

SBIN0061798

STATE EXPRESS ROAD TRANSPORT CORPORATION(SETC),COIMBATORE DIVISION,METTUPALAYAM ROAD,COIMBATORE-641030

Branch
Micro Finance, Coimbatore

SBIN0014798

T S NO 1183 BY 2,SATHYAMANGALAM MAIN ROAD,GANAPATHY,COIMBATORE 641012

Branch
Mini Racpc Mettupalayam

SBIN0064517

SRI EESAN COMPLEX,EB COLONY,METTUPALAYAM MAIN ROAD,KARAMADAI -641104 DISTRICT COIMBATORE

Branch
Myleripalayam

SBIN0071054

SFNO1831A,PANCHAYATOFFICEROAD,MYLERIPALAYAM,COIMBATORE641032MYLEIPALAYAMATSBTCOIN

Branch
Naickenpalayam

SBIN0071055

NO4910,NAICKENPALAYAM641020NAICKENPALAYAMATSBTCOIN

Branch
NanjundaPuram Road

SBIN0011543

7,MAY,FLOWER,SAKTHI,COMPLEX,COIMBATORE,641036

Branch
Narasimha Naichen Palayam

SBIN0008155

9 BY 2C,MUTHUPALAYAM ROAD,COIMBATORE,DISTCOIMBATORE,PIN - 641031

Branch
Negamam

SBIN0064962

SRI KVK COMPLEX, 52F, POLLACHI ROAD, NEGAMAM-6421201

Branch
Nri Branch Coimbatore

SBIN0030462

1056C,UR HOUSE,AVINASHI ROAD

Branch
Odanthurai

SBIN0071063

BLDGNO1123H,GANDHINAGAR2NDBRIDGE,ODANTHURAI,OOTTYMAINROADMETTUPALAYAM641301ODANTHURA

Branch
Overseas Branch, TiruPur

SBIN0007023

6 AND 7 MUNSIF SRINIVASAPURAM TIRUPUR COIMBATORE TN

Branch
P.n. Road, TiruPur

SBIN0012512

PB NO 116,54 UTHUKULI ROAD,TIRUPUR 641601

Branch
Padappai

SBIN0064957

F3, HAYATH PLAZA, VANDALUR-WALAJABAD ROAD, PADAPPAI - 601301 KANCHIPURAM DISTRICT

Branch
Palladam

SBIN0011055

DIST COIMBATORE, STATE TAMILNADU

Branch
Pallapalayam

SBIN0021979

O520SIMYASHOPPINGCOMPLEXPAPPAMPATTIPIRIVU

Branch
Pallipalayam Town

SBIN0064963

31,SANKAGIRIBYEPASSROAD,SH79A,PALLIPALAYAM,COIMBATORE638006

Branch
Pbb Coimbatore

SBIN0004236

16A,ABDUL RAHEEM ROAD,RACE COURSE, COIMBATORE TN 641018

Branch
Pbb RamNagar, Coimbatore

SBIN0004389

NO 482-483, SNV CHAMBERS,CROSS CUT ROAD, RAMNAGAR ,COIMBATORE ,PIN - 641012

Branch
Pbb Saibaba Colony

SBIN0012769

DOOR NO OLD NO 93 BY NEW NO 77,NSR ROAD,SAIBABA COLONY,COIMBATORE 641011

Branch
Peelamedu, Coimbatore

SBIN0007231

SARVAJANA HIGHER SEC SCHOOL CAMPUS, AVINASHI ROAD PEELAMEDU, COIMBATORE PIN - 641004

Branch
Perur

SBIN0013442

7 BY 18C,C1,SIRUVANI MAIN ROAD,PERUR 641010

Branch
Pichampalayam Pudur,tiruPur

SBIN0018246

RR COMPLEX, PICHAMPALAYAM PUDUR, P.N. ROAD, TIRUPUR,DIST.COIMBATORE,TAMIL NADU- 641603

Branch
Pichanur

SBIN0015763

JG3 COMPLEX, 7/76 PALGHAT MAIN ROAD, NAVAKKARAI, COIMBATORE641105

Branch
Podanur

SBIN0005795

DIST COIMBATORE, TAMILNADU 641 023

Branch
Pollachi

SBIN0000899

1,PALLAKAD RD,POLLACHI DIST. COIMBATORE

Branch
Pongalur

SBIN0002259

DIST COIMBATORE, TAMIL NADU 638667

Branch
Poolavadi

SBIN0006728

1 BY 12A, HIGH SCHOOL ROAD, DIST COIMBATORE STATE TAMILNADU PIN 642206

Branch
Pulankinar

SBIN0006921

3 ANAMALAI ROAD MUKKONAM DISTT COIMBATORE TAMIL NADU 642122

Branch
R S Puram

SBIN0003061

COIMBATORE,TAMILNADU

Branch
Race Course Road

SBIN0007940

NO 9,THIRUGNANASAMBANDAR ROAD RACE COURSE COIMBATORE - 641018. ,PIN - 641018

Branch
Racpc Coimbatore North

SBIN0061040

KURINJICOMPLEX,STATEBANKROAD,COIMBATORENORTH,DISTT.COIMBATORE.TAMILNADU641018

Branch
Ramakrishna Vidyalaya

SBIN0001541

P.B.NO.4201,VIA.PERIYANAICKENPALAYAM,17,METTUPALAYAM.ROAD.PIN.641020

Branch
Rbo Coimbatore

SBIN0014759

RBO COIMBATORE,KURINJI COMPLEX,STATE BANK ROAD,COIMBATORE,TAMIL NADU,DIST COIMBATORE 641018

Branch
Redfields, Coimbatore

SBIN0006577

SHRI MAHALAKSHMI TOWERS 1114-C,SUNGAM, TRICHY ROAD COIMBATORE ,PIN - 641045

Branch
Retail Assets Central Processing Centre (racpc), Coimbatore

SBIN0010042

KURINJI COMPLEX,STATE BANK ROAD,COIMBATORE

Branch
Saibaba Colony

SBIN0004792

NSR ROAD, SAIBABA COLONY,, DISTT. COIMBATORE, TAMIL NADU 641011

Branch
SamalaPuram

SBIN0006911

DISTCOIMBATORE TAMIL NADU 638668

Branch
Samb Coimbatore

SBIN0016454

1112, RAJA PLAZA, AVINASHI ROAD, COIMBATORE, DISTT. COIMBATORE. TAMIL NADU 641037

Branch
Saravanampatti

SBIN0011061

DIST COIMBATORE,TAMIL NADU

Branch
Sbiintouch Saravanampatti

SBIN0019225

TOWERB, INDIA LAND BUILDING, KEERANATHAM VILLAGE, SARAVANAMPATTI, DISTT.COIMBATORE. TAMILNADU-641035

Branch
Sbild Coimbatore

SBIN0064091

STATE BANK OF INDIA SBILD COIMBATORE SRIVARI ANANYA,27/3,THANNEERPANDHAL,VILLANKURICHI ROAD,COIMBATORE 641004

Branch
Seerappalayam

SBIN0071062

OLDNO218,NEWNO227,MARIAMMANKOILSTREET,BODIPALAYAM,SEERAPPALAYAM641105SEERAPALAYAMATSBT

Branch
Service Branch Coimbatore

SBIN0009958

P.O. NO.4012, DR. NANJAPPA RD., COIMBATORE - 641018, TAMILNADU

Branch
Singanallur

SBIN0003302

DIST COIMBATORE, TAMIL NADU 641 005

Branch
SivanandaPuram

SBIN0021308

307, SATHY MAIN ROAD, VISAGAM COMPLEX, SIVANANDAPURAM, SARAVANAMPATTI, COIMBATORE - 641035

Branch
Small Medium Enterprise City Credit Centre (smeccc), Coimbatore

SBIN0005008

DIST COIMBATORESTATE TAMILNADUPIN 641018

Branch
Sme Branch, Coimbatore

SBIN0012776

STATE BANK ROAD,COIMBATORE 641018

Branch
Ssi Kuruchi

SBIN0003595

POLLACHI MAIN RD, SIDCO INDL. EST. P.O., COIMBATORE, TAMILNADU, PIN 641021

Branch
Stressed Assets Resolution Cell ,sarc, Coimbatore

SBIN0010204

DIST COIMBATORESTATE TAMILNADU

Branch
Sulur Town

SBIN0010617

COIMBATORE

Branch
SundaraPuram

SBIN0070844

NO72,TVARADHARAJCOMPLEX,MADUKKARAIROAD,SUNDARAPURAM,KURICHYVILLAGE641024SUNDARAPURAMATSBT

Branch
Suramangalam

SBIN0010501

5 BY 315 DEVI CHIT FUND COMPLEXJUNCTION MAIN ROADSALEMTAMIL NADU 636004

Branch
Tamilnadu Agri University

SBIN0002274

DIST COIMBATORE, TAMILNADU 641 003

Branch
Thennamannallur

SBIN0071061

NIO4101,THENNAMANNALLUR,THONDAMUTHURPO641109THENNAMANNALLURATSBTCOIN

Branch
Thennampalayam

SBIN0007921

NO.1, DHARAPURAM RD, SAKTHI DEVI BLDG, 1ST FLOOR, TIRUPUR, COIMBATORE, TN,638604

Branch
Thudiyalur

SBIN0010513

DOOR NO 47 VILLAKINAR PIRIVUG N MILLS POSTCOIMBATORE TAMIL NADU PIN 641029

Branch
Tidel Park, Coimbatore

SBIN0014361

ELCOTS IT SEZ, GOVERNMENT MEDICAL COLLEGE CAMPUS, VILANKURICHY VILLAGE, COIMBATORE NORTH TALUK, COIMBATORE641004

Branch
TiruPur

SBIN0000935

POST BOX NO. 116,UTHUKULI ROAD, TIRUPUR TAMILNADU 641 601

Branch
Trade Finance Central Processing Centre, Coimbatore

SBIN0005071

COIMBATORE TAMILNADU

Branch
Treasury Branch Coimbatore

SBIN0007639

COIMBATORE

Branch
Udumalpet

SBIN0000944

7A, KUTCHERY STREET, UDUMALPET, COIMBATORE, TAMILNADU

Branch
Udumalpet Adb

SBIN0005338

CHITHRA KOODAM,KALPANA ROAD,UDAMALPET,DIST COIMBATORE,STATE TAMILNADU

Branch
Uliyampalayam

SBIN0021936

O77ARASIPURAMMAIROADKPALAYAMSUDAPALAYAMPOSTULIYAMPALAYAMTHALIYURPACHAYAT

Branch
Uthukuli

SBIN0017605

17 OLD KANGEYAM ROAD UTHUKULI RS UTHUKULI DISTTTIRUPUR TAMILNADU638752

Branch
V. Kallipalayam

SBIN0009587

DIST COIMBATORESTATE TAMILNADUPIN 641664

Branch
Vadavalli, Coimbatore

SBIN0005740

NO.747,SARVODAYA SANGH BLDG.,MARUDAMALAI MAIN ROAD, ,COIMBATORE, TAMILNADU ,PIN - 641041

Branch
Valparai

SBIN0003062

DISTCOIMBATORE TAMIL NADU 642127

Branch
Veerakeralam

SBIN0010618

1 BY 1, SF NO 69 BY 2MARIAMMAN KOIL ST, VEERAKERALAM, COIMBATORE, TAMIL NADU

Branch
Veerapandi, TiruPur

SBIN0009314

S.F.NO.633, OPP.TO LAKSHMI ,KALYANA, MANDAPAM,COIMBATORE PIN - 641605

Branch
Vellalur

SBIN0015900

1/7, LG NAGAR, PHASE II, VELLALUR MAIN ROAD, VELLALUR, DIST COIMBATORE, TAMIL NADU 641111

Branch
Velliankadu

SBIN0014254

2 BY 131A,KUNDA MAIN ROAD,VELLIANKADU,COIMBATORE 641104

Branch
VinayagaPuram

SBIN0017674

1420 B, SATHY MAIN ROAD, GANAPATHY,COIMBATORE, TAMILNADU 641006

Branch
Zonal Office Coimbatore

SBIN0007355

COIMBATORE STATE TAMILNADU PIN 641018

What are State Bank Of India IFSC Codes?

The Indian Financial System Code, commonly known as the IFSC code, is an alphanumeric code crucial for the electronic transfer of funds within the Indian banking system. This code helps in identifying specific bank branches, ensuring that electronic transactions like NEFT (National Electronic Funds Transfer), RTGS (Real-Time Gross Settlement), and IMPS (Immediate Payment Service) are conducted smoothly and accurately.

The IFSC code acts as a guide that directs money to the right bank branch, whether it is for a money transfer to a friend, payment of a bill, or business transactions.

How to Read the Structure of the State Bank Of India IFSC Code

The IFSC code is an 11-character code consisting of three distinct elements:

  • First Four Characters: These letters indicate the name of the bank. For instance, the first four alphabets in the code represent the bank's name.
  • Fifth Character: This is always '0' (zero) and is reserved for potential future use in the system.
  • Last Six Characters: These can be either numeric or alphabetic and identify a specific branch of the bank.

Example: An IFSC code may appear as "BANK0123456." Here, "BANK" denotes the bank, and "0123456" identifies the specific branch. This unique combination ensures that each branch of every bank has a distinct identification number, allowing the precise identification of the account's location.

How to Locate an State Bank Of India IFSC Code

Locating an IFSC code is relatively straightforward and can be done using any of the following methods:

  • Cheque Book: The cheque leaves issued by your bank carry the IFSC code, usually printed on the upper section of the leaf.
  • Bank Passbook: The IFSC code is typically found on the first page of the bank passbook provided at the time of opening the account.
  • Official Websites of Banks: Most banks provide a search tool on their websites that allows you to find their respective IFSC codes based on branch location or branch name.
  • Online Banking Portals: IFSC codes are provided in most online banking systems, enabling customers to find the code related to their bank branch.
  • Mobile Banking Apps: Many banking apps allow you to view branch details, including IFSC codes.
  • RBI Website: The Reserve Bank of India maintains an official list of all banks and their respective branch IFSC codes on its website.

Importance of IFSC Code in Fund Transfers

The IFSC code plays a significant role in secure and efficient fund transfers in the following ways:

  • NEFT (National Electronic Funds Transfer): The IFSC code ensures that funds are transferred accurately from one account in a bank to another account in a different bank in India.
  • RTGS (Real-Time Gross Settlement): The IFSC code ensures the safety and speed of high-value transactions where money needs to be transferred at once.
  • IMPS (Immediate Payment Service): An instant fund transfer service where the IFSC code directs funds to the correct branch instantly.
  • Error Prevention: Accurate use of the IFSC code minimizes the chances of funds being directed to the wrong account or branch, thereby reducing errors.

Benefits of Using IFSC Code

Here are the main benefits of IFSC codes you must know:

  • Increased Security: Using the correct IFSC code ensures the transaction reaches the correct branch of the bank, minimizing errors or misdirected funds.
  • Faster and More Efficient: IFSC codes streamline the fund transfer process, making it faster than traditional methods.
  • Universal Use: Since the IFSC code system is standardized across all banks in India, it can be used for transfers between any banks.

Procedure to Perform State Bank Of India Fund Transfer Using IFSC Code

Fund transfer using an IFSC code is a simple yet vital process:

  • Log in Through Online Banking: Use your mobile banking app or Internet banking portal to log in to your bank.
  • Fund Transfer: Select the option for fund transfer, choosing between NEFT, RTGS, or IMPS.
  • Add Recipient Details: Enter the recipient's name, account number, bank name, and the IFSC code of their branch.
  • Validate Details: Verify the entered details to avoid errors. Incorrect bank and IFSC details can lead to the rejection of your fund transfer request.
  • Confirm Transfer: After confirmation, the money will be transferred. Depending on the mode of transfer, the amount may be transferred within a few seconds or minutes.

How to Open a State Bank Of India Bank Account

Opening a bank account is a simple if you have the necessary documents and meet the eligibility criteria:

Eligibility Criteria

  • Any citizen over 18 years old is eligible to open a bank account.
  • In the case of minors, parents or guardians can open an account on their behalf.
  • Non-residents are also eligible, provided they fulfill certain conditions established by the banks.

Required Documents

  • Proof of Identity: Aadhaar Card, Passport, Voter ID, or any government-issued ID.
  • Proof of Address: Aadhaar Card, Passport, utility bills, or any valid document proving residence.
  • PAN Card: A PAN card is required for tax compliance.
  • Passport Size Photographs: Usually, two to three recent photographs are needed.
  • Form 16: In certain cases where a PAN card is not available, Form 16 may be considered.

Process to Open an Account

  • Visit a Bank: Visit a branch of your chosen bank, or apply online if the bank offers an online application service.
  • Fill Out the Form: Complete the account opening form with your personal information.
  • Submit Documents: Provide documents verifying your identity and address.
  • Initial Deposit: Make an initial deposit if required by the specific type of account.
  • Account Activation: Once your documents are verified, your account will be activated, and you will receive a passbook, checkbook, and debit card.
  • Register for Internet and Mobile Banking: Register for Internet and mobile banking services to facilitate easy transactions.

Loan EMI Calculator: Importance and Types

For anyone taking a loan, an EMI calculator is a vital and useful tool. Based on the loan amount, interest rate, and repayment period, it assists you in calculating the monthly repayment amount. You may better manage your money and make sure the loan doesn't put a burden on your resources by using an EMI calculator. It helps you steer clear of any unpleasant shocks later on by giving you a clear image of your financial commitment.

Loan Calculators

  • Loan Calculator VA: Specifically designed for VA loans, helping veterans calculate their mortgage payments.
  • Loan Calculator Vehicle: Assists in determining monthly payments for vehicle loans.
  • Loan Calculator 30 Year: Calculates monthly payments for a 30-year loan term.
  • Loan Calculator Yearly Payment: Provides an annual breakdown of loan payments.

EMI Calculators

  • EMI Calculator for Home Loan: Helps in calculating the Equated Monthly Installment (EMI) for home loans.
  • EMI Calculator Us: Tailored for users in the US to compute their home loan EMIs.
  • EMI Calculator on Home Loan: Another tool for calculating home loan EMIs, ensuring accurate monthly payment estimates.

Interest Calculators

  • Interest calculator yearly: Calculates the annual interest on loans or investments.

SIP Calculators

  • SIP Calculator India: Designed for Indian investors to calculate returns on Systematic Investment Plans (SIPs).
  • SIP Calculator Return: Estimates the returns on SIP investments.
  • SIP Calculator Mutual Fund: Calculates potential returns from mutual fund SIPs.
  • SIP Calculator Months: Provides monthly breakdowns of SIP investments.
  • SIP Calculator Online: An online tool for calculating SIP returns.
  • SIP Calculator Yearly: Offers yearly projections of SIP returns.

PPF Calculators

  • PPF Calculator India: Calculates returns on Public Provident Fund (PPF) investments in India.
  • PPF Generator: Generates detailed reports on PPF investments.
  • PPF Calculator 15 Years: Estimates returns over a 15-year period.
  • PPF Calculator 30 Years: Projects returns over a 30-year period.

Conclusion

An IFSC code is an essential component of the Indian banking system, ensuring the secure electronic transfer of funds. Whether you're doing a simple NEFT transfer or a high-value RTGS transaction, the IFSC code plays an indispensable role in smooth banking operations. Knowing how to find and use this code is crucial for anyone conducting electronic transactions in India.

Frequently Asked Questions (FAQs)

IFSC stands for Indian Financial System Code. It is an 11-character alphanumeric code used to identify a specific branch of a bank in India. It is required for electronic fund transfers like RTGS and NEFT.

The IFSC code is crucial for ensuring safe and error-free transfers from one bank to another. It helps route transactions through the correct bank branch.

You can find the IFSC code on your cheque book and passbook or on your bank's official website. The Reserve Bank of India also publishes a list of IFSC codes.

Yes, the IFSC code is required to complete electronic fund transfers like NEFT, RTGS, and IMPS. Without the IFSC code, the transfer cannot be completed.

In Internet banking, the IFSC code of the beneficiary's bank and branch ensures safe and accurate transfers.

No, each branch of a bank has a unique IFSC code, making it easier to identify the specific branch for transactions.