The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of State Bank Of India for its Madathukulam branch in Tirupur, Madathukulam, Tamil Nadu, this complete guide will provide you with detailed information.

The banking system in India has changed over the years, and today customers of State Bank Of India located in Tirupur or anywhere in Tamil Nadu can transfer funds instantly by using the correct IFSC Code SBIN0014955. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for State Bank Of India, Madathukulam, Tirupur

Below in the table are the key details related to IFSC Code SBIN0014955 of State Bank Of India for its branch located in Tirupur, within the district of Madathukulam in the state of Tamil Nadu.

Particulars Details
Bank State Bank Of India
IFSC Code SBIN0014955
Branch Madathukulam
City Tirupur
District Madathukulam
State Tamil Nadu
Address V.R.M.M.Complex, Komaralingam Salai, Madathukulam, Tirupur District, Tamil Nadu642113

These details helps users in online banking and for businesses and individuals who use State Bank Of India in Tirupur for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0014955 for the Madathukulam 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 that is provided by the Reserve Bank of India. A unique IFSC like SBIN0014955 is given to every bank branch, including State Bank Of India located in Madathukulam, Tirupur, Tamil Nadu, to make sure that online payments reach the right place.

The IFSC Code is important because:

  • It uniquely identifies the State Bank Of India branch in Tirupur.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any kind of confusion between multiple branches of the same bank across different places like Tirupur and Madathukulam.
  • It removes errors in fund transfers and improves accuracy.
  • It lets the sender banks validate and confirm branch details before they process the payments.

There are thousands of branches across Tamil Nadu and the rest of India, which is why the IFSC Code ensures that transactions meant for State Bank Of India in Madathukulam doesn't end up at another location.

Format of the IFSC Code SBIN0014955

This is the format of the IFSC Code for banks, including State Bank Of India, follows an 11-character structure:

AAAA0CCCCCC

Here's the explanation:

  • First 4 characters (AAAA): This is the bank code. For State Bank Of India, these characters are the bank's short identifier.
  • 5th character (0): This stays zero till there is any future use.
  • Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Madathukulam in Tirupur.

For example, the IFSC Code SBIN0014955 of State Bank Of India for the Madathukulam branch includes these elements, identifying the bank and the branch location in Tirupur and Tamil Nadu accurately.

How to Find IFSC Code for State Bank Of India?

If you are trying to find the IFSC Code SBIN0014955 of State Bank Of India for its Madathukulam branch located in Tirupur, 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 Tirupur and Madathukulam, 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 Madathukulam or Tirupur to get the exact IFSC Code SBIN0014955.

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 Tirupur, you'll get the correct details.

How to Use IFSC Code SBIN0014955 for Online Transfers?

Once you have the IFSC Code SBIN0014955 for the Madathukulam branch of State Bank Of India in Tirupur, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code SBIN0014955. 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 SBIN0014955.

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 Madathukulam in Tirupur may result in delayed or failed transactions.

Finding the MICR Code

MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of State Bank Of India in Madathukulam, here are some of the ways 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.

Knowing both IFSC and MICR code can help account holders in Tirupur manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

What is the IFSC Code of State Bank Of India in Madathukulam, Tirupur?

The IFSC Code is SBIN0014955.

Is the IFSC Code SBIN0014955 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 Madathukulam?

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 Madathukulam branch?

The address of the branch is V.R.M.M.Complex, Komaralingam Salai, Madathukulam, Tirupur District, Tamil Nadu642113 located in Tirupur, Madathukulam, 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.