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 Thanichayam branch in Madurai, Thanichyam, 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 SBIN0007567. 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, Thanichayam, Madurai

The table below shows the main details of the IFSC Code SBIN0007567 for the State Bank Of India branch in Madurai, which falls under the Thanichyam district in Tamil Nadu.

Particulars Details
Bank State Bank Of India
IFSC Code SBIN0007567
Branch Thanichayam
City Madurai
District Thanichyam
State Tamil Nadu
Address Thanichyam

These details are crucial, not just for online banking users but also for businesses and individuals who use State Bank Of India in Madurai for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0007567 for the Thanichayam branch of State Bank Of India has 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, along with State Bank Of India located in Thanichayam, Madurai, Tamil Nadu, are given a unique IFSC like SBIN0007567 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 any kind of confusion between different branches of the same bank in places like Madurai and Thanichyam.
  • 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 Thanichayam 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 SBIN0007567

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 Thanichayam in Madurai.

For example, the IFSC Code SBIN0007567 of State Bank Of India for the Thanichayam branch has these elements, identifying the bank and the branch location in Madurai and Tamil Nadu correctly.

How to Find IFSC Code for State Bank Of India?

If you are trying to find the IFSC Code SBIN0007567 of State Bank Of India for its Thanichayam 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 Thanichyam, 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 Thanichayam or Madurai to get the exact IFSC Code SBIN0007567.

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 SBIN0007567 for Online Transfers?

Once you have the IFSC Code SBIN0007567 for the Thanichayam branch of State Bank Of India in Madurai, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code SBIN0007567. The transfer is completed in batches. It is useful for both personal and business payments.

RTGS

Used for payments over ₹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 SBIN0007567.

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 Thanichayam in Madurai, 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 Thanichayam, 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 Madurai 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 Thanichayam, Madurai?

The IFSC Code is SBIN0007567.

Is the IFSC Code SBIN0007567 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 Thanichayam?

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 Thanichayam branch?

The address of the branch is Thanichyam located in Madurai, Thanichyam, 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.