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IFSC Code of State Bank Of India, Specialised Currency Administration Branch, Ambattur, Ambattur, Tamil Nadu — SBIN0016262

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. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of State Bank Of India for its Specialised Currency Administration Branch, Ambattur branch in Tiruvallur, Ambattur, or Tamil Nadu, this guide will help you with all the details.

There have been major changes in the banking sector in India and today, the customers of State Bank Of India located in Tiruvallur or anywhere in Tamil Nadu can transfer funds instantly by using the correct IFSC Code SBIN0016262. 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, Specialised Currency Administration Branch, Ambattur, Tiruvallur

Here are the main details that are associated with the IFSC Code SBIN0016262 of State Bank Of India for its branch located in Tiruvallur, within the district of Ambattur in the state of Tamil Nadu.

Particulars Details
Bank State Bank Of India
IFSC Code SBIN0016262
Branch Specialised Currency Administration Branch, Ambattur
City Tiruvallur
District Ambattur
State Tamil Nadu
Address 5A, North Phase, Sidco Industrial Estate, Ambattur, Chennai, Distt.Tiruvallur. Tamil Nadu 600098

These details helps 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 SBIN0016262 for the Specialised Currency Administration Branch, Ambattur 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 SBIN0016262 is given to every bank branch, including State Bank Of India located in Specialised Currency Administration Branch, Ambattur, Tiruvallur, 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 Tiruvallur.
  • 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 Tiruvallur and Ambattur.
  • 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 Specialised Currency Administration Branch, Ambattur doesn't end up at another location.

Format of the IFSC Code SBIN0016262

The format of the IFSC Code for banks, including State Bank Of India, has an 11-character structure:

AAAA0CCCCCC

Here's the breakdown:

  • First 4 characters (AAAA): Show the bank code. For State Bank Of India, these letters represent the bank's short name.
  • 5th character: Is always zero and is kept for future use.
  • Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Specialised Currency Administration Branch, Ambattur in Tiruvallur.

For example, the IFSC Code SBIN0016262 of State Bank Of India for the Specialised Currency Administration Branch, Ambattur branch includes 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 trying to find the IFSC Code SBIN0016262 of State Bank Of India for its Specialised Currency Administration Branch, Ambattur branch located in Tiruvallur, 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 Tiruvallur and Ambattur, 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 Specialised Currency Administration Branch, Ambattur or Tiruvallur to get the exact IFSC Code SBIN0016262.

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 Tiruvallur, you'll get the correct details.

How to Use IFSC Code SBIN0016262 for Online Transfers?

Once you have the IFSC Code SBIN0016262 for the Specialised Currency Administration Branch, Ambattur branch of State Bank Of India in Tiruvallur, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code SBIN0016262. Transfers are processed in batches. Suitable for personal and business payments.

RTGS

Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.

IMPS

Instant 24×7 transfers. You need the recipient's account details and State Bank Of India IFSC Code SBIN0016262.

Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for State Bank Of India Specialised Currency Administration Branch, Ambattur in Tiruvallur, it can 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 Specialised Currency Administration Branch, Ambattur, 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 Tiruvallur manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

What is the IFSC Code of State Bank Of India in Specialised Currency Administration Branch, Ambattur, Tiruvallur?

The IFSC Code is SBIN0016262.

Is the IFSC Code SBIN0016262 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

Where can I find the IFSC Code of State Bank Of India Specialised Currency Administration Branch, Ambattur?

You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Specialised Currency Administration Branch, Ambattur branch?

The address of the branch is 5A, North Phase, Sidco Industrial Estate, Ambattur, Chennai, Distt.Tiruvallur. Tamil Nadu 600098 located in Tiruvallur, Ambattur, 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.

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