IFSC Code of State Bank Of India, Old Mahabalipuram Road, Chennai, Tamil Nadu — SBIN0011722

There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of State Bank Of India for its Old Mahabalipuram Road branch in Chennai, Chennai, Tamil Nadu, then this comprehensive guide will provide you with detailed information.

The banking system in India has changed over time, and today the customers of State Bank Of India situated in Chennai or anywhere in Tamil Nadu can easily transfer funds instantly by using the correct IFSC Code SBIN0011722. You should know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.

Details of IFSC Code for State Bank Of India, Old Mahabalipuram Road, Chennai

Here are the main details that are associated with the IFSC Code SBIN0011722 of State Bank Of India for its branch located in Chennai, within the district of Chennai in the state of Tamil Nadu.

These details are essential not only for online banking users but also for businesses and individuals who use State Bank Of India in Chennai for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0011722 for the Old Mahabalipuram Road branch of State Bank Of India plays 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, including State Bank Of India located in Old Mahabalipuram Road, Chennai, Tamil Nadu, is provided with a unique IFSC like SBIN0011722 to ensure that online payments reach the right destination.

The IFSC Code is important because:

• It uniquely identifies the State Bank Of India branch in Chennai.
• It helps NEFT, RTGS, and IMPS systems route the transfer securely.
• It avoids any errors or confusions between multiple branches of the same bank across different places like Chennai and Chennai.
• It reduces errors in fund transfers and improves accuracy.
• It allows sender banks to validate and confirm branch details before processing payments.

There are thousands of branches across Tamil Nadu and the rest of India and the IFSC Code ensures that transactions meant for State Bank Of India in Old Mahabalipuram Road do not get mixed with another location.

Format of the IFSC Code SBIN0011722

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 Old Mahabalipuram Road in Chennai.

For example, the IFSC Code SBIN0011722 of State Bank Of India for the Old Mahabalipuram Road 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 SBIN0011722 of State Bank Of India for its Old Mahabalipuram Road 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 Old Mahabalipuram Road or Chennai to get the exact IFSC Code SBIN0011722.

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 SBIN0011722 for Online Transfers?

Once you have the IFSC Code SBIN0011722 for the Old Mahabalipuram Road 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 SBIN0011722. 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 SBIN0011722.

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 Old Mahabalipuram Road 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 Old Mahabalipuram Road, here are some ways that you can get 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.

If you know both IFSC and MICR codes, then it can help account holders in Chennai manage online transfers as well as cheque clearances with ease.