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 Adb Madurai branch in Madurai, Madurai, 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 Madurai or anywhere in Tamil Nadu can easily transfer funds instantly by using the correct IFSC Code SBIN0005337. 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, Adb Madurai, Madurai
Here are the key points that are associated with the IFSC Code SBIN0005337 of State Bank Of India for its branch located in Madurai, within the district of Madurai in the state of Tamil Nadu.
| Particulars | Details |
|---|---|
| Bank | State Bank Of India |
| IFSC Code | SBIN0005337 |
| Branch | Adb Madurai |
| City | Madurai |
| District | Madurai |
| State | Tamil Nadu |
| Address | Corporation Bldgs.,R.M.S. Road, Madurai,Dist.Madurai, Tamilnadu ,Pin - 625001 |
These details helps users in online banking and for businesses and individuals who use State Bank Of India in Madurai for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0005337 for the Adb Madurai 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 Adb Madurai, Madurai, Tamil Nadu, are allotted a unique IFSC like SBIN0005337 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Madurai.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Madurai and Madurai.
- 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 Adb Madurai reaches the right place, even though there are thousands of branches in Tamil Nadu and across India.
Format of the IFSC Code SBIN0005337
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 Adb Madurai in Madurai.
For example, the IFSC Code SBIN0005337 of State Bank Of India for the Adb Madurai branch includes these elements, identifying the bank and the branch location in Madurai and Tamil Nadu accurately.
How to Find IFSC Code for State Bank Of India?
If you are trying to find the IFSC Code SBIN0005337 of State Bank Of India for its Adb Madurai branch located in Madurai, 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
Most banks, including State Bank Of India branches in Madurai and Madurai, print the IFSC and MICR codes 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 Adb Madurai or Madurai to get the exact IFSC Code SBIN0005337.
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 Madurai, you'll get the correct details.
How to Use IFSC Code SBIN0005337 for Online Transfers?
Once you have the IFSC Code SBIN0005337 for the Adb Madurai branch of State Bank Of India in Madurai, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code SBIN0005337. 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 SBIN0005337.
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 Adb Madurai in Madurai, 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 Adb Madurai, 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 Madurai manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is SBIN0005337.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Corporation Bldgs.,R.M.S. Road, Madurai,Dist.Madurai, Tamilnadu ,Pin - 625001 located in Madurai, Madurai, Tamil Nadu.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.