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

Choose a branch to view IFSC code and details

Branch
Ammapettai

SBIN0002193

21 MAIN ROAD AMMAPETTAI BHAVANI TK DISTT ERODE TAMIL NADU 638311
Branch
Arachalur

SBIN0012478

27,KANGAYAM MAIN ROAD,ARACHALUR,ERODE DISTRICT 638101
Branch
Ayyansalai

SBIN0009216

UTHANDIYUR POST, T ERODE, TAMIL NADU 638402
Branch
Bhavani

SBIN0000971

735, METTUR MAIN RD., BHAVANI-638301,
Branch
Bhavanisagar

SBIN0004871

IV AVENUET. ERODETAMIL NADU 638451
Branch
Brahmana Peria Agraharam

SBIN0002205

392 BHAVANI MAIN ROAD DISTT ERODE TAMIL NADU 638005
Branch
Cac Erode

SBIN0011727

48,STATE BANK ROAD,NEAR P S PARK,STATE BANK OF INDIA,ERODE,BEHIND TALUK OFFICE,ERODE 638001
Branch
Chittar

SBIN0007589

DISTERODE TAMIL NADU 638302
Branch
Comm Br, Erode

SBIN0004061

78 BY 79 CD BUILDING, PARK ROAD, ERODE, TAMILNADU, PIN 638003
Branch
DharamPuram

SBIN0000831

UDUMALAI RD.,DHARAPURAM,TN
Branch
Erode

SBIN0000837

PB NO.259, 48, STATE BANK RD., ERODE-638001,
Branch
Erode

SBIN0070472

PBNO49,505ISTFLOOR,NETAJIROAD638001ERODEATSBTCOIN
Branch
Erode

SBIN0051407

NO 5 PALANIAPPA STREET NEAR KMCH SPECIALITY HOSPITAL ERODE 638009
Branch
Erode

SBIN0040377

738,NETHAJI STREET PERIYAR MANDRAN COMPLEX ERODE
Branch
Erode Town

SBIN0007897

COLLECTORATE BUILDING PERUNDURAI ROAD DISTT ERODE TAMIL NADU 638011
Branch
G H Road, Erode

SBIN0011057

DIST ERODE, STATE TAMILNADU
Branch
Gobichettipalayam

SBIN0000839

12A,NEW HOSPITAL RD,GOBICHETIPALAYAM,TN
Branch
Gobichettipalayam

SBIN0041088

SHRINIVAS CENTRE NO 126 A MODACHUR ROAD GOBICHETTIPALAYAM 638476
Branch
Kadambur

SBIN0007593

DGPUDUR,SATHAYAMANGALAMTALUK,
Branch
Kandasamypalayam

SBIN0005629

DISTRICT ERODE, VIA SIVAGIRI, TAMIL NADU 638109
Branch
Kangeyam

SBIN0070972

COIMBATOREROAD,NATIONALHIGHWAY,KANGEYAM638701KANGAYAMATSBTCOIN
Branch
Kangeyam

SBIN0002221

OLD NO 70 NEW NO 158 CHENNAIMALAI ROAD DISTT ERODE TAMIL NADU 638701
Branch
Kanjikoil

SBIN0014178

94,PERUNDURAI ROAD,KARUKKAN THOTTAM,KANJIKOIL,DIST ERODE 638116
Branch
Karungalpalayam

SBIN0016520

D NO. 46/147, MEENAKSHI SUNDARAM STREET, THIRU NAGAR COLONY, ERODE, DISTT. ERODE. TAMIL NADU 638003
Branch
Kavundapadi

SBIN0015329

155 A, SATHY MAIN ROAD, RASI COMPLEX, KAVUNDAPADI, ERODE638445
Branch
Kempanaickenpalayam

SBIN0007592

9 B,PILLAYAR KOIL STREET,KEMPANAICKENPALAYAM,SATHY TK
Branch
Kodumudi Adb

SBIN0001726

KARUR BYPASS DISTT ERODE TAMIL NADU 638151
Branch
Kugalur

SBIN0002226

DIST ERODESTATE TAMILNADUPIN 638313
Branch
Melapalayam

SBIN0004878

4 BY 61 UTHUKULI ROAD, CHENNIMALAI, DISTT. ERODE, TAMIL NADU 638051
Branch
Modakurichi

SBIN0014822

GANAPATHIPALAYAM ROAD,MODAKURICHI,ERODE DISTRICT,TAMIL NADU 638104
Branch
Moolapalayam

SBIN0012780

94 BY 2,SATHYAM TOWERS,GANDHIJI ROAD,KARUR BYE PASS ROAD,ERODEPIN638002
Branch
Mulanur

SBIN0017612

M KUMARAPALAYAM SARVODAYA SANGH BUILDINGNO.2SAVADI STMULANURDHARAPURAMTIRUPUR.TAMIL NADU638106
Branch
Nambiyur

SBIN0004271

12 PULIAMPATTI ROAD, NAMBIYUR SARVODAYA BUILDING, DISTT. ERODE, TAMIL NADU 638458
Branch
Olagadam

SBIN0007590

MAIN ROAD OLAGADAM POST DISTT ERODE TAMIL NADU 638314
Branch
Padiyur

SBIN0007591

2 BY 57 A, TIRUPUR KANGAYAM, MAIN ROAD, DISTT. ERODE, TAMIL NADU 638701
Branch
Paramathy Velur

SBIN0011060

DIST NAMAKKAL, TAMIL NADU
Branch
Perundurai

SBIN0021741

O1VRVCOMPLEXBHAVAIROADPERUDURAI
Branch
Punjaipuliampatti

SBIN0012477

MADHAMPALAYAM ROAD,PUNJAIPULIAMPATTI,ERODE DISTRICT,DISTERODE 638 459
Branch
R And Db Racc Namakkal

SBIN0062472

NO.2 DR. SANKARAN ROAD, NAMAKKAL 637001
Branch
R And Db Racc Urc Nagar

SBIN0062493

100-2, PERUNDURA ROAD, CHINNASENGODAMPALAYAM, URC NAGAR, THINDAL ERODE.
Branch
Racpc Erode

SBIN0064158

STATE BANK OF INDIA,NO.113 APT ROAD,CD BUILDING,ERODE -638003
Branch
Racpc Karur

SBIN0064159

NO.37 A&B,MALAR COMPLEX,THANTHONIMALAI(PO)KARUR -639005
Branch
Rbo Erode

SBIN0014760

RBO ERODE,204 205,STATE BANK ROAD,ERODE,TAMIL NADU,DIST ERODE 638001
Branch
Salaipudur

SBIN0015704

DOOR NO. 61,62,63 MAIN ROAD SALAIPUDUR PO , KODUMUDI VIA , ERODE638151
Branch
Sathy Road, Erode

SBIN0016100

DOOR NO. 36, VCTV MAIN ROAD, SATHY MAIN ROAD, DIST ERODE,TAMIL NADU638011
Branch
Sathyamangalam

SBIN0071197

METTUPALAYAMROAD,NEARSRTCORNERSATHYAMANGALAMTAMILNADU638402
Branch
Sathyamangalam

SBIN0001498

NEAR BUS STAND, DIST ERODE, TAMIL NADU 638402
Branch
Sathyamangalam Adb

SBIN0001674

ERODE TAMIL NADU 638401
Branch
Sivanmalai

SBIN0008276

TIRUPUR ROAD, DISTT. ERODE TAMIL NADU 638701
Branch
Sme Branch, Erode

SBIN0012777

STATE BANK BUILDINGS,FIRST FLOOR,NO4,STATE BANK ROAD,ERODE 638001
Branch
Ssi Branch, Bhavani

SBIN0007271

17 BY 32, FIRST FLOOR, BHAJANI KOIL ST, BHAVANI, ERODE, TN
Branch
Thuckanaicken Palayam

SBIN0002278

ERODETAMIL NADU 638506
Branch
Urc Nagar, Erode

SBIN0012779

100 BY 2 PERUNDURAI ROAD,CHINNA SENGODAMPALAYAM,URC NAGAR,THINDAL,ERODE638012
Branch
Vellakoil

SBIN0004272

138A TRICHY ROAD, DISTT. ERODE, TAMIL NADU 638111

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.

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