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. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of State Bank Of India for its National Institute Of Technology, Trichirapalli branch in Tiruchiorappalli, Tiruchirapalli, Tamil Nadu, then this guide will give you detailed information.
The banking system has evolved significantly in India, and today the customers of State Bank Of India located in Tiruchiorappalli or anywhere in Tamil Nadu can transfer funds instantly by using the correct IFSC Code SBIN0001617. 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, National Institute Of Technology, Trichirapalli, Tiruchiorappalli
Here are some of the key details that come with the IFSC Code SBIN0001617 of State Bank Of India for its branch located in Tiruchiorappalli, within the district of Tiruchirapalli in the state of Tamil Nadu.
| Particulars | Details |
|---|---|
| Bank | State Bank Of India |
| IFSC Code | SBIN0001617 |
| Branch | National Institute Of Technology, Trichirapalli |
| City | Tiruchiorappalli |
| District | Tiruchirapalli |
| State | Tamil Nadu |
| Address | Nit Campuspost Bag No.3, Tiruchirapalli Dist Tiruchirapalli, Tamilnadu 620015 |
These details are essential not only for online banking users but also for businesses and individuals who use State Bank Of India in Tiruchiorappalli for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0001617 for the National Institute Of Technology, Trichirapalli branch of State Bank Of India plays 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 National Institute Of Technology, Trichirapalli, Tiruchiorappalli, Tamil Nadu, are given a unique IFSC like SBIN0001617 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Tiruchiorappalli.
- 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 Tiruchiorappalli and Tiruchirapalli.
- 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 National Institute Of Technology, Trichirapalli 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 SBIN0001617
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 National Institute Of Technology, Trichirapalli in Tiruchiorappalli.
For example, the IFSC Code SBIN0001617 of State Bank Of India for the National Institute Of Technology, Trichirapalli branch has these elements, identifying the bank and the branch location in Tiruchiorappalli and Tamil Nadu correctly.
How to Find IFSC Code for State Bank Of India?
If you are trying to find the IFSC Code SBIN0001617 of State Bank Of India for its National Institute Of Technology, Trichirapalli branch located in Tiruchiorappalli, 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 Tiruchiorappalli and Tiruchirapalli, 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 National Institute Of Technology, Trichirapalli or Tiruchiorappalli to get the exact IFSC Code SBIN0001617.
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 Tiruchiorappalli that will provide accurate information.
How to Use IFSC Code SBIN0001617 for Online Transfers?
If you have the IFSC Code SBIN0001617 for the National Institute Of Technology, Trichirapalli branch of State Bank Of India in Tiruchiorappalli, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code SBIN0001617. Transfers are processed in batches. 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. Asks for the recipient's account details and State Bank Of India IFSC Code SBIN0001617.
Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for State Bank Of India National Institute Of Technology, Trichirapalli in Tiruchiorappalli, it 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 National Institute Of Technology, Trichirapalli, 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 Tiruchiorappalli to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is SBIN0001617.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is Nit Campuspost Bag No.3, Tiruchirapalli Dist Tiruchirapalli, Tamilnadu 620015 located in Tiruchiorappalli, Tiruchirapalli, Tamil Nadu.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.