Select Branch for State Bank Of India in Salem, Tamil Nadu
Choose a branch to view IFSC code and details
Administrative Office, Salem
SBIN0061021
ADMINISTRATIVE OFFICE, CHINNAIYYAN TOWERS, 120 2 AND 120 3, CHERRY ROAD, HASTHAMPATTI, SALEM, DISTTSALEM TAMIL NADU 636007
AlagaPuram, Salem
SBIN0070805
SHRIRAMNAGAR,ALAGAPURAM,SALEM636016ALAGAPURAMATSBTCOIN
Ammapettai, Salem
SBIN0012772
SAKTHI COMPLEX,391,TVK ROAD,AMMAPETTAI,SALEM 636003
Attayampatti
SBIN0002200
LAKSHMI COMPLEX,66,RASIPURAM MAIN ROAD,DISTSALEM, 637501
Attur
SBIN0000810
KAMARAJANAR RD ATTUR, SALEM,TAMILNADU
Ayothiapattinam Branch
SBIN0064929
YIINMBNLDSKMLLN5-/KMNGPPSITTDILYMKTMIDYTIPTTIMSLM-63603
Belur
SBIN0005594
65 NABINAYAKAM ST, DISTT. SALEM, TAMIL NADU 636104
Cac Salem
SBIN0010199
STATE BANK OF INDIA,FORT,SALEM 636001
Collectorate Branch, Salem
SBIN0015896
NO. 3, GROUND FLOOR, COLLECTOR OFFICE BUILDING, SALEM 636001
Commercial Branch Salem
SBIN0007201
CHINNAYAN TOWER, 120/2 AND 3, CHERRY ROAD, SALEM - 636007, TAMILNADU, INDIA
Dadagapatti
SBIN0007200
DIST SALEM, TAMIL NADU 636 104
Degree College, Mandi
SBIN0010326
NEAR BUS STAND MANDI HIMACHAL PRADESH 175001
Five Roads Salem
SBIN0040637
FIVE ROADS SALEM,TAMIL NADU,SALEM 636004
Gajalnaickenpatti, Salem
SBIN0008115
21 BY 35,TRICHY MAIN ROAD,SALEM,DISTSALEM,PIN - 636201
Gangavalli
SBIN0016787
116 / 13TH WARD, OPPOSITE TO CHURCH, ATTUR MAIN ROAD, GANGAVALLI, DISTT.SALEM. TAMIL NADU 636105
Gorimedu
SBIN0016415
SABARI COMPLEX, 160/1A,YERCAUD MAIN ROAD, DIST. SALEM,TAMIL NADU636008
Idappadi
SBIN0002213
OPP. TO POLICE STATION, DISTT. SALEM, TAMIL NADU 636501
Ilampillai
SBIN0015036
P S N KANDASAMY CHETTIAR CHIKKUPERUMAL PLAZA, 1 / 1, PUDU ROAD, SALEM MAIN ROAD, ILAMPILLAI. DISTT. SALEM. TAMIL NADU 637502,
JalakantaPuram
SBIN0005381
BAZAARST, DISTT. SALEM, TAMIL NADU 636501
Kannankurichi Salem
SBIN0017121
NO 118 BY 5,ANNAMALAI AVENUE,KANNANKURICHI MAIN ROAD,KANNANKURICHI,SALEM,T.N 636007
Karimangalam
SBIN0061791
10-111 AND 10-111A, DHARMAPURI KRISHNAGIRI MAIN ROAD, KARIMANGALAM, DHARMAPURI - 635111
Kolathur Salem
SBIN0017122
KVRC COMPLEX 5TH WARD 511 METTUR MAIN ROAD APPUSAMY STREE KOLATHUR DISTT.SALEM. TAMIL NADU636303
Komarapalayam
SBIN0007041
226 SALEM MAIN RD, KOMARAPALAYAM, SALEM TN NAMAKKAL638183
KonganaPuram
SBIN0018402
MORAMBUKADU, OMALUR MAIN ROAD, KONGANAPURAM, DIST. SALEM, TAMIL NADU - 637102
Kottapatti
SBIN0006244
3BY83,RAJAVEEDHI,VIATHEERTHAMALAI
Mallur, Salem
SBIN0003953
1 BY 99 KSP NAGAR,TRICHY MAIN ROADDIST SALEM, TAMILNADU636203 ,PIN-636203
Mamangam
SBIN0061685
GOVERNMENT ENGINEERING COLLEGE CAMPUS, SALEM - BANGALURU BYE-PASS, SALEM 636011
Mettur Dam
SBIN0000877
WEST MAIN RD METTURDAM, SALEM,TAMILNADU
Mohan Nagar Township
SBIN0002267
OPP. STEEL PLANT, DISTT. SALEM, TAMIL NADU 636013
Nangavalli
SBIN0003912
10 BY 2 BY SALEM MAIN ROAD, DISTT. SALEM, TAMIL NADU 636454
NarasingaPuram
SBIN0015037
176/5,CUDDALORE MAIN ROAD,NARASINGAPURAM, ATTUR TALUK, DIST.SALEM,TAMIL NADU 636108
Nethimedu
SBIN0012781
NO.20 BY 1 2,I FLOOR,SANKARI MAIN ROAD,SALEM 636002,TAMIL NADU,PIN636002
Nri Salem
SBIN0017931
BANK HOUSE 68 CHERRY ROAD SALEM DISTT.SALEM. TAMIL NADU636007
Omalur
SBIN0001030
557 BY 6 METTUR MAIN ROAD, DISTT. SALEM, TAMIL NADU 636455
Omalur Town
SBIN0063210
30-1A3, KOTTAMETTUPATTI, DHARMAPURI MAIN ROAD, OMALUR POST, SALEM DIST
Pbb Salem
SBIN0011938
POLIMER PLAZA,NO 48A,BRINDAVAN MAIN ROAD,FAIRLANDS,SALEM 636016
Ramamoorthy Nagar
SBIN0007598
RAJA STREET,OMALUR TALUK
Rbo Salem
SBIN0014761
RBO SALEM,11,RAMAKRISHNA ROAD,SRIRANGAPALAYAM,SALEM,DIST SALEM 636007
Rmy PenNagaram
SBIN0007464
1 BY 56 BRAHMIN STREET, T DHARMAPURI, TAMIL NADU 636810
Salem
SBIN0020941
7CHERRYROADOPPTOSALEMDISTCOOPBANKSALEMTAMILNADUSALEM
Salem
SBIN0070328
PBNO736,9,RAJAJIROAD,HASTHAMPATTYPO636007SALEMATSBTCOIN
Salem
SBIN0000913
FORT MAIN ROAD, SALEM, TAMILNADU 636001
Salem
SBIN0051271
RAJA TOWERSNO49 51ST FLOORNEW BUS STAND ROADMEYYANURSALEMTAMILNADU 636004
Salem
SBIN0040348
NO.19 BY 35 B CAR STREET SALEM
Salem Steel Plant Campus, Salem
SBIN0005739
MOHAN NAGAR TOWNSHIP,NEAR GATE NO.2, SALEM, ,DISTSALEM, TAMILNADU ,PIN - 636030
Sankari
SBIN0000994
TIRUCHENGODU RD, SANKARI, SALEM, TAMILNADU
Sarada College Road Salem
SBIN0021724
03ADVAITHAASHRAMROADFAIRLANDSSALEMFAIRLANDSSALEM
Sbi Marakanam
SBIN0061179
SBI, MARAKANAM, NEW NO.973-2 WEST STREET NEAR MARAKANAM BUS STAND MARKANAM 604303
Shevapet
SBIN0062245
O2IIO,SV,S-32
SingiPuram
SBIN0009313
2, NADAR STREET, VIA VALAPADI, DISTT SALEM, TAMIL NADU 636615
SivadhaPuram
SBIN0017743
NO 170 BY B,MALLAN KATTAN STREET,MUNSIF THOTTAM,SIVADHAPURAM,DISTT.SALEM.TAMIL NADU 636307
Smec, Salem
SBIN0061074
FIRSTFLOOR,SBIBUILDING,FORTMAINROAD,SALEM,DISTT.SALEM.TAMILNADU636001
Srirangapalayam
SBIN0001970
11 BY 289 RAMAKRISHNA ROAD, DISTT. SALEM, TAMIL NADU 636007
Taramangalam
SBIN0002275
DIST SALEMSTATE TAMILNADUPIN 636502
Thalaivasal
SBIN0012785
6 BY 68A,MP TOWERS,SALEM CHENNAI N.H,SALEM DISTRICT,TAMIL NADU PIN636112
Thammampatti
SBIN0012773
OPP.GIRLS HIGH SCHOOL,THAMMAMPATTI,DISTSALEM 636113
Theevattipatti
SBIN0018379
SNO. 802 B, RUSSEL CMPLX, DHARMAPURI MAIN RD, THEEVATTIPATTI, OMALUR TALUK,SALEM,TAMILNADU636351
Tirumanoor
SBIN0007596
VIAMANGALAPURAM,
Vazhapadi
SBIN0012771
129 OLD NO 105 CUDDALORE MAIN ROAD,VAZHAPADI,SALEM DISTRICT 636115
Veeraganur
SBIN0005581
71 OLD BAZAARST, VEERAGANUR, DISTT. SALEM, TAMIL NADU 636352
Yercaud
SBIN0007043
SALEM STATE TAMILNADU PIN 636601
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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