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 Maduravoyal, Chennai branch in Tiruvallur, Tiruvallur, 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 Tiruvallur or anywhere in Tamil Nadu can easily transfer funds instantly by using the correct IFSC Code SBIN0007066. 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, Maduravoyal, Chennai, Tiruvallur
The table below shows the main details of the IFSC Code SBIN0007066 for the State Bank Of India branch in Tiruvallur, which falls under the Tiruvallur district in Tamil Nadu.
| Particulars | Details |
|---|---|
| Bank | State Bank Of India |
| IFSC Code | SBIN0007066 |
| Branch | Maduravoyal, Chennai |
| City | Tiruvallur |
| District | Tiruvallur |
| State | Tamil Nadu |
| Address | Old No 489, New No. 19, Poonamalle High Road,Chinnai, Tiruvallurpin - 600095 |
These details help users in online banking and for businesses and individuals who use State Bank Of India in Tiruvallur for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0007066 for the Maduravoyal, Chennai branch of State Bank Of India has a very 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, including State Bank Of India located in Maduravoyal, Chennai, Tiruvallur, Tamil Nadu, is provided with a unique IFSC like SBIN0007066 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the State Bank Of India branch in Tiruvallur.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any errors or confusions between multiple branches of the same bank across different places like Tiruvallur and Tiruvallur.
- It reduces errors in fund transfers and improves accuracy.
- It allows sender banks to validate and confirm branch details before processing payments.
There are thousands of branches across Tamil Nadu and the rest of India and the IFSC Code ensures that transactions meant for State Bank Of India in Maduravoyal, Chennai do not get mixed with another location.
Format of the IFSC Code SBIN0007066
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 Maduravoyal, Chennai in Tiruvallur.
For example, the IFSC Code SBIN0007066 of State Bank Of India for the Maduravoyal, Chennai branch has these elements, identifying the bank and the branch location in Tiruvallur and Tamil Nadu correctly.
How to Find IFSC Code for State Bank Of India?
If you are looking for the IFSC Code SBIN0007066 of State Bank Of India for its Maduravoyal, Chennai branch located in Tiruvallur, the following methods can help:
Cheque Book
The cheque book that is issued by State Bank Of India includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.
Passbook
Most of the banks, including State Bank Of India branches in Tiruvallur and Tiruvallur, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
You can visit the official website of State Bank Of India and look for the branch locator section, then search for Maduravoyal, Chennai or Tiruvallur to get the exact IFSC Code SBIN0007066.
Mobile Banking App
If you use State Bank Of India's mobile app, you can check your account details to easily find your branch's IFSC code.
RBI Website
The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for State Bank Of India and Tiruvallur, then it will provide you proper information.
How to Use IFSC Code SBIN0007066 for Online Transfers?
Once you have the IFSC Code SBIN0007066 for the Maduravoyal, Chennai branch of State Bank Of India in Tiruvallur, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code SBIN0007066. 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 SBIN0007066.
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 Maduravoyal, Chennai in Tiruvallur 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 Maduravoyal, Chennai, 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 Tiruvallur to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is SBIN0007066.
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 Old No 489, New No. 19, Poonamalle High Road,Chinnai, Tiruvallurpin - 600095 located in Tiruvallur, Tiruvallur, Tamil Nadu.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.