IFSC Code of State Bank Of India, Tamil Nadu, Salem, Nethimedu

SBIN0012781

State Bank Of India

State Bank Of India

IFSC Code

SBIN0012781

MICR Code

636002112

Bank Name State Bank Of India
District Salem
State Tamil Nadu
Address No.20 By 1 2,i Floor,sankari Main Road,salem 636002,tamil Nadu,pin636002
Phone

UPI

Available

NEFT

Available

RTGS

Available

IMPS

Available

IFSC Code of the State Bank Of India Branch Near You

List of all State Bank Of India Branch IFSC Code

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

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

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

SBIN0020941

7CHERRYROADOPPTOSALEMDISTCOOPBANKSALEMTAMILNADUSALEM

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 is an IFSC Code?

The Indian Financial System Code (IFSC) is an 11-character alphanumeric code issued by the Reserve Bank of India to every bank branch in India. This code is used to uniquely identify each branch and facilitates easy electronic payments. In the Indian banking system, the IFSC code is essential for smooth electronic transactions like NEFT, RTGS, and IMPS. Each IFSC code is specifically assigned to a branch, making it easily identifiable and ensuring every transaction is executed perfectly.

IFSC Code Structure

The IFSC code is an 11-character code that follows the structure below:

  • First Four Characters: Alphabets indicating the bank's name. In "BANK0123456," "BANK" signifies the bank.
  • Fifth Character: This is always '0' (zero), reserved for future use to ensure flexibility.
  • Last Six Characters: Either alphabets or numbers characterizing the specific branch of the bank.

Example: In the IFSC code "SBIN0016654," "SBIN" identifies the bank, and "016654" identifies the branch. This unique format makes every branch easily identifiable.

How to Obtain the IFSC Code

Finding an IFSC code is easy. Here are a few methods:

  • Cheque Book: Look at the upper-left section of the cheque leaves issued by the bank for your IFSC code.
  • Bank Passbook: The IFSC code is also provided on the first page of the bank passbook given when you open an account.
  • Official Website of the Bank: Nearly all banks offer an online search facility where you can find the IFSC code of their branches.
  • Online Banking Portals: Within online banking services, you can find the IFSC code for your branch or any other.
  • Mobile Banking Apps: Most banking apps have an option for branch details, where you can check the IFSC code.
  • RBI Website: The Reserve Bank of India maintains a comprehensive list of all banks and their branches with their respective IFSC codes.
  • Third-Party Websites: Some third-party websites that offer fund transfer services provide the IFSC code based on the bank and branch name.

Why is the IFSC Code Important in Fund Transfers?

The IFSC code is crucial for various electronic fund transfers. Here’s how it is used in different payment systems:

  • NEFT (National Electronic Funds Transfer): IFSC Codes facilitate the transfer of funds from one bank account to another in India, ensuring transactions are forwarded to the right bank and branch smoothly and without mistakes.
  • RTGS (Real-Time Gross Settlement): For high-value transactions, the IFSC code ensures secure and instant monetary transfers through real-time gross settlement.
  • IMPS (Immediate Payment Service): The IFSC code enables instant fund transfers, especially between different banks. IMPS operates 24/7, and the IFSC code ensures the transaction is directed to the correct branch instantly.
  • Error Prevention: Using the correct IFSC code reduces the chance of remitting money to the wrong account due to an incorrectly entered IFSC code. It acts as a control checkpoint to ensure the transaction is being sent to the intended recipient's bank branch.

What is the Use of an IFSC Code?

The IFSC code has numerous uses within the banking system:

  • Enable Electronic Transfers: IFSC codes are essential for electronic transactions such as NEFT, RTGS, and IMPS. No transaction can be made without this code.
  • Unique Identification of Bank Branch: Every IFSC code uniquely identifies a particular bank branch to ensure transactions reach the right destination.
  • Ensures Risk-Free Transactions: The IFSC code ensures that money reaches the correct bank and branch, eliminating errors in the transaction process.
  • Enables Online Banking: IFSC codes are crucial when adding a new beneficiary in online banking systems, ensuring the correct routing of funds.

Importance of Loan and Interest Calculator

Calculators are indispensable tools for financial planning, helping users make informed decisions. Here are some of the most commonly used types:

Loan Calculators

  • Loan Calculator Vehicle: Helps determine 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.
  • Loan Calculator VA: Tailored for VA loans, assisting veterans in calculating their mortgage payments.

EMI Calculators

  • EMI Calculator for Home Loan: Calculates the Equated Monthly Installment (EMI) for home loans.
  • EMI Calculator US: Designed 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

The IFSC code is a vital part of the Indian banking world, ensuring safe and easy online fund transfers. Whether you are doing NEFT, RTGS, or IMPS, the IFSC code ensures that your money reaches its intended destination. It is also significant in handling cheques, where the MICR code plays an important role. Together, these codes are crucial in enabling the smooth operation of banking transactions. Understanding their importance and correct use is indispensable for anyone dealing with electronic transactions in India.

Frequently Asked Questions

The IFSC code ensures the correct routing of electronic fund transfers to the concerned bank's particular branch, reducing errors and making transactions secure.

The IFSC code can be found on the bank's checkbook, passbook, official website, RBI website, or mobile banking application.

No, different branches of every bank have different IFSC codes to identify each branch correctly for internet-based transactions.

If you enter the wrong IFSC code while transferring funds, the transaction may be declined or sent to the wrong bank. Immediately contact your bank to rectify the issue.

The IFSC code comprises 11 characters: the first four characters represent the bank, the fifth is '0', and the remaining six describe the specific branch.

No, the IFSC code is designed for domestic electronic fund transfers in India. International transactions are made using SWIFT codes.