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 Athoor branch in Dindigul, Athoor, 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 Dindigul or anywhere in Tamil Nadu can easily transfer funds instantly by using the correct IFSC Code SBIN0016573. 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, Athoor, Dindigul

Here are the key points that are associated with the IFSC Code SBIN0016573 of State Bank Of India for its branch located in Dindigul, within the district of Athoor in the state of Tamil Nadu.

Particulars Details
Bank State Bank Of India
IFSC Code SBIN0016573
Branch Athoor
City Dindigul
District Athoor
State Tamil Nadu
Address 6/74/2, Agraharam Street, Athoor , Distt. Dindigul. Tamil Nadu 624709

These details are important not only for users using online banking but also for businesses and individuals who use State Bank Of India in Dindigul for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code SBIN0016573 for the Athoor branch of State Bank Of India is vital.

What Is IFSC Code and Why Is It Important?

IFSC stands for Indian Financial System Code, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including State Bank Of India located in Athoor, Dindigul, Tamil Nadu, is provided a unique IFSC like SBIN0016573 so that their online payments reach the right place.

The IFSC Code is important because:

  • It uniquely recognizes the State Bank Of India branch in Dindigul.
  • Helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any confusions between multiple branches of the same bank across different places like Dindigul and Athoor.
  • It reduces most of the errors in fund transfers and makes sure its accuracy.
  • It enables sender banks to validate and confirm branch details before processing payments.

For thousands of branches across Tamil Nadu and the rest of India, the IFSC Code ensures that transactions meant for State Bank Of India in Athoor do not get misguided to another person.

Format of the IFSC Code SBIN0016573

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): Show the bank code. For State Bank Of India, these letters represent the bank's short name.
  • 5th character: Is always zero and is kept for future use.
  • Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Athoor in Dindigul.

For example, the IFSC Code SBIN0016573 of State Bank Of India for the Athoor branch includes these elements, identifying the bank and the branch location in Dindigul and Tamil Nadu accurately.

How to Find IFSC Code for State Bank Of India?

If you are trying to find the IFSC Code SBIN0016573 of State Bank Of India for its Athoor branch located in Dindigul, the following methods can help:

Cheque Book

The cheque books that are issued by State Bank Of India include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.

Passbook

Most banks, including State Bank Of India branches in Dindigul and Athoor, 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 find the branch locator section. Search for Athoor or Dindigul to get the exact IFSC Code SBIN0016573.

Mobile Banking App

If you use State Bank Of India's mobile app, you can easily 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 to help you in searching for State Bank Of India and Dindigul that will provide accurate information.

How to Use IFSC Code SBIN0016573 for Online Transfers?

Once you have the IFSC Code SBIN0016573 for the Athoor branch of State Bank Of India in Dindigul, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code SBIN0016573. 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 SBIN0016573.

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 Athoor in Dindigul 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 Athoor, 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 Dindigul 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 Athoor, Dindigul?

The IFSC Code is SBIN0016573.

Is the IFSC Code SBIN0016573 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 Athoor?

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 Athoor branch?

The address of the branch is 6/74/2, Agraharam Street, Athoor , Distt. Dindigul. Tamil Nadu 624709 located in Dindigul, Athoor, 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.