Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of State Bank Of India for its Singanallur branch in Coimbatore, Singanallur, or Tamil Nadu, this guide will help you with all the details.

There have been major changes in the banking sector in India and today, the customers of State Bank Of India located in Coimbatore or anywhere in Tamil Nadu can transfer funds instantly by using the correct IFSC Code SBIN0003302. You should definitely 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, Singanallur, Coimbatore

Below in the table are the key details related to IFSC Code SBIN0003302 of State Bank Of India for its branch located in Coimbatore, within the district of Singanallur in the state of Tamil Nadu.

Particulars Details
Bank State Bank Of India
IFSC Code SBIN0003302
Branch Singanallur
City Coimbatore
District Singanallur
State Tamil Nadu
Address Dist Coimbatore, Tamil Nadu 641 005

These details help 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 SBIN0003302 for the Singanallur branch of State Bank Of India has a very 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 Singanallur, Coimbatore, Tamil Nadu, are allotted a unique IFSC like SBIN0003302 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 confusion between different branches of the same bank in places like Coimbatore and Singanallur.
  • It reduces errors in fund transfers and improves accuracy.
  • It helps the sender banks to validate and confirm branch details before processing payments.

It makes sure that money sent to State Bank Of India in Singanallur reaches the right place, even though there are thousands of branches in Tamil Nadu and across India.

Format of the IFSC Code SBIN0003302

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 Singanallur in Coimbatore.

For example, the IFSC Code SBIN0003302 of State Bank Of India for the Singanallur 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?

If you are looking for the IFSC Code SBIN0003302 of State Bank Of India for its Singanallur branch located in Coimbatore, the following methods can help:

Cheque Book

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

Passbook

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

Bank Website

You can visit the official website of State Bank Of India and look for the branch locator section, then search for Singanallur or Coimbatore to get the exact IFSC Code SBIN0003302.

Mobile Banking App

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

RBI Website

The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for State Bank Of India and Coimbatore, then it will provide you proper information.

How to Use IFSC Code SBIN0003302 for Online Transfers?

Once you have the IFSC Code SBIN0003302 for the Singanallur branch of State Bank Of India in Coimbatore, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code SBIN0003302. Transfers are processed in batches. Suitable for personal and business payments.

RTGS

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

IMPS

Instant 24×7 transfers. You need the recipient's account details and State Bank Of India IFSC Code SBIN0003302.

Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for State Bank Of India Singanallur in Coimbatore, it can 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 Singanallur, 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 Coimbatore 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 Singanallur, Coimbatore?

The IFSC Code is SBIN0003302.

Is the IFSC Code SBIN0003302 permanent?

Yes, but there can be changes during mergers or restructuring.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and the IFSC is for online transfers.

Where can I find the IFSC Code of State Bank Of India Singanallur?

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

What is the full address of the Singanallur branch?

The address of the branch is Dist Coimbatore, Tamil Nadu 641 005 located in Coimbatore, Singanallur, 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.