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 Nanjundapuram Road branch in Coimbatore, Nanjundapuram, 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 Coimbatore or anywhere in Tamil Nadu can easily transfer funds instantly by using the correct IFSC Code SBIN0011543. 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, Nanjundapuram Road, Coimbatore

Here are some of the key details that come with the IFSC Code SBIN0011543 of State Bank Of India for its branch located in Coimbatore, within the district of Nanjundapuram in the state of Tamil Nadu.

Particulars Details
Bank State Bank Of India
IFSC Code SBIN0011543
Branch Nanjundapuram Road
City Coimbatore
District Nanjundapuram
State Tamil Nadu
Address 7,May,Flower,Sakthi,Complex,Coimbatore,641036

These details helps users in online banking and for businesses and individuals who use State Bank Of India in Coimbatore for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0011543 for the Nanjundapuram Road branch of State Bank Of India plays a vital 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 Nanjundapuram Road, Coimbatore, Tamil Nadu, are given a unique IFSC like SBIN0011543 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Coimbatore.
  • 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 Coimbatore and Nanjundapuram.
  • 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 Nanjundapuram Road 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 SBIN0011543

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

AAAA0CCCCCC

Here's the breakdown of this:

  • First 4 characters (AAAA): Represent the bank code. For State Bank Of India, these characters are the bank's short identifier.
  • 5th character (0): Always zero which is reserved for future use.
  • Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Nanjundapuram Road in Coimbatore.

For example, the IFSC Code SBIN0011543 of State Bank Of India for the Nanjundapuram Road branch includes these elements, identifying the bank and the branch location in Coimbatore and Tamil Nadu accurately.

How to Find IFSC Code for State Bank Of India?

To find the IFSC Code SBIN0011543 of State Bank Of India for its Nanjundapuram Road branch located in Coimbatore, the following methods can help you out:

Cheque Book

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

Passbook

Most banks, including State Bank Of India branches in Coimbatore and Nanjundapuram, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

Visit the official website of State Bank Of India and go to the branch locator section. Then search for Nanjundapuram Road or Coimbatore to find the exact IFSC Code SBIN0011543.

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 maintains an updated database of all IFSC codes. Searching for State Bank Of India and Coimbatore will provide accurate information.

How to Use IFSC Code SBIN0011543 for Online Transfers?

Once you have the IFSC Code SBIN0011543 for the Nanjundapuram Road branch of State Bank Of India in Coimbatore, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code SBIN0011543. Transfers are processed in batches. This is suitable for 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 SBIN0011543.

Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for State Bank Of India Nanjundapuram Road in Coimbatore may result in delayed or failed transactions.

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 Nanjundapuram 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 Coimbatore manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of State Bank Of India in Nanjundapuram Road, Coimbatore?

The IFSC Code is SBIN0011543.

Is the IFSC Code SBIN0011543 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 Nanjundapuram Road?

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 Nanjundapuram Road branch?

The address of the branch is 7,May,Flower,Sakthi,Complex,Coimbatore,641036 located in Coimbatore, Nanjundapuram, 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.