For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of State Bank Of India for its Palanichettipatti branch in Theni, Theni, Tamil Nadu, this comprehensive guide will provide you with detailed information.

The banking system in India has changed significantly over the years, and today customers of State Bank Of India located in Theni or anywhere in Tamil Nadu can transfer funds instantly by using the correct IFSC Code SBIN0013834. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for State Bank Of India, Palanichettipatti, Theni

Here are the main details that are associated with the IFSC Code SBIN0013834 of State Bank Of India for its branch located in Theni, within the district of Theni in the state of Tamil Nadu.

Particulars Details
Bank State Bank Of India
IFSC Code SBIN0013834
Branch Palanichettipatti
City Theni
District Theni
State Tamil Nadu
Address Theni Cumbum Main Road,Palanichettipatti Town,Theni Taluk

These details are important not only for users using online banking but also for businesses and individuals who use State Bank Of India in Theni for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code SBIN0013834 for the Palanichettipatti branch of State Bank Of India is vital.

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 Palanichettipatti, Theni, Tamil Nadu, are given a unique IFSC like SBIN0013834 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Theni.
  • 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 Theni and Theni.
  • 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 Palanichettipatti 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 SBIN0013834

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 Palanichettipatti in Theni.

For example, the IFSC Code SBIN0013834 of State Bank Of India for the Palanichettipatti branch includes these elements, identifying the bank and the branch location in Theni and Tamil Nadu accurately.

How to Find IFSC Code for State Bank Of India?

To find the IFSC Code SBIN0013834 of State Bank Of India for its Palanichettipatti branch located in Theni, 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 Theni and Theni, 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 Palanichettipatti or Theni to find the exact IFSC Code SBIN0013834.

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 Theni will provide accurate information.

How to Use IFSC Code SBIN0013834 for Online Transfers?

Once you have the IFSC Code SBIN0013834 for the Palanichettipatti branch of State Bank Of India in Theni, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code SBIN0013834. The transfer is completed in batches instead of instantly. It is useful for both 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 SBIN0013834.

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 Palanichettipatti in Theni, 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 Palanichettipatti, 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 Theni manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of State Bank Of India Palanichettipatti Theni?

The IFSC Code of the Palanichettipatti Theni branch is SBIN0013834.

Is IFSC Code SBIN0013834 permanent?

Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.

Is IFSC the same as MICR?

No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.

Where can I find the IFSC Code of my bank branch?

You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.

What is the address of the State Bank Of India Palanichettipatti branch?

The branch is located at Theni Cumbum Main Road,Palanichettipatti Town,Theni Taluk.

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.

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