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IFSC Code of State Bank Of India, New Washermanpet, Chennai, Chennai, Tamil Nadu — SBIN0001794

For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of State Bank Of India for its New Washermanpet, Chennai branch in Chennai, Chennai, Tamil Nadu, this comprehensive guide will provide you with detailed information.

The banking system in India has changed significantly over the years, and today customers of State Bank Of India located in Chennai or anywhere in Tamil Nadu can transfer funds instantly by using the correct IFSC Code SBIN0001794. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for State Bank Of India, New Washermanpet, Chennai, Chennai

Here are the main details that are associated with the IFSC Code SBIN0001794 of State Bank Of India for its branch located in Chennai, within the district of Chennai in the state of Tamil Nadu.

Particulars Details
Bank State Bank Of India
IFSC Code SBIN0001794
Branch New Washermanpet, Chennai
City Chennai
District Chennai
State Tamil Nadu
Address 741, Tiruvottiyur High Road, Chennai, Tamilnadu 600081

These details are crucial, not just for online banking users but also for businesses and individuals who use State Bank Of India in Chennai for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0001794 for the New Washermanpet, Chennai branch of State Bank Of India has an important role.

What Is IFSC Code and Why Is It Important?

IFSC stands for Indian Financial System Code, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, along with State Bank Of India located in New Washermanpet, Chennai, Chennai, Tamil Nadu, are given a unique IFSC like SBIN0001794 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Chennai.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents any kind of confusion between different branches of the same bank in places like Chennai and Chennai.
  • It reduces errors in fund transfers and improves accuracy.
  • It helps the sender banks to validate and confirm branch details before processing payments.

It helps ensure that any money sent to State Bank Of India in New Washermanpet, Chennai goes to the correct branch. This is important because State Bank Of India has thousands of branches in Tamil Nadu and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code SBIN0001794

The format of the IFSC Code for banks, including State Bank Of India, follows an 11-character structure:

AAAA0CCCCCC

Here's the breakdown:

  • First 4 characters (AAAA): These represent the bank code. In State Bank Of India, they are a short identifier for the bank.
  • 5th character (0): This is always zero and is reserved for future use.
  • Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like New Washermanpet, Chennai in Chennai.

For example, the IFSC Code SBIN0001794 of State Bank Of India for the New Washermanpet, Chennai branch has these elements, identifying the bank and the branch location in Chennai and Tamil Nadu correctly.

How to Find IFSC Code for State Bank Of India?

If you are trying to find the IFSC Code SBIN0001794 of State Bank Of India for its New Washermanpet, Chennai branch located in Chennai, the following methods can help:

Cheque Book

The cheque book issued by State Bank Of India includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.

Passbook

You can easily find the IFSC and MICR codes because most banks, including State Bank Of India branches in Chennai and Chennai, print them on the first page of your passbook.

Bank Website

Visit the official website of State Bank Of India and navigate to the branch locator section. Search for New Washermanpet, Chennai or Chennai to get the exact IFSC Code SBIN0001794.

Mobile Banking App

If you use State Bank Of India's mobile app, you can check your account details to find your branch's IFSC code.

RBI Website

The Reserve Bank of India keeps an updated list of all IFSC codes. If you search for State Bank Of India and Chennai, you'll get the correct details.

How to Use IFSC Code SBIN0001794 for Online Transfers?

Once you have the IFSC Code SBIN0001794 for the New Washermanpet, Chennai branch of State Bank Of India in Chennai, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code SBIN0001794. The transfer is completed in batches instead of instantly. It is useful for both personal and business payments.

RTGS

Used for high-value payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.

IMPS

Instant 24×7 transfers. Requires the recipient's account details and State Bank Of India IFSC Code SBIN0001794.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the State Bank Of India New Washermanpet, Chennai in Chennai, your payment can get delayed or might not go through at all.

Finding the MICR Code

MICR codes are used for cheque clearance and differ from IFSC codes. If you are looking for the MICR code of State Bank Of India in New Washermanpet, Chennai, here are some ways to obtain it:

  • Check the bottom of your cheque leaf.
  • Refer to the first page of your passbook.
  • Visit the official State Bank Of India website.
  • Search the RBI portal.

Having both the IFSC and MICR codes makes it easy for account holders in Chennai to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of State Bank Of India in New Washermanpet, Chennai, Chennai?

The IFSC Code is SBIN0001794.

Is the IFSC Code SBIN0001794 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

Where can I find the IFSC Code of State Bank Of India New Washermanpet, Chennai?

You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the New Washermanpet, Chennai branch?

The address of the branch is 741, Tiruvottiyur High Road, Chennai, Tamilnadu 600081 located in Chennai, Chennai, Tamil Nadu.

What is the use of IFSC Code in online banking?

The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.

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