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 Tiruvannamalai branch in Tiruvannamalai, Tiruvannamalai, 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 Tiruvannamalai or anywhere in Tamil Nadu can transfer funds instantly by using the correct IFSC Code SBIN0000938. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for State Bank Of India, Tiruvannamalai, Tiruvannamalai
Here are some of the key details that come with the IFSC Code SBIN0000938 of State Bank Of India for its branch located in Tiruvannamalai, within the district of Tiruvannamalai in the state of Tamil Nadu.
| Particulars | Details |
|---|---|
| Bank | State Bank Of India |
| IFSC Code | SBIN0000938 |
| Branch | Tiruvannamalai |
| City | Tiruvannamalai |
| District | Tiruvannamalai |
| State | Tamil Nadu |
| Address | 34, Kosa Mada Street, Tiruvannamalai-606601 |
These details are important not only for users using online banking but also for businesses and individuals who use State Bank Of India in Tiruvannamalai for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code SBIN0000938 for the Tiruvannamalai 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, including State Bank Of India located in Tiruvannamalai, Tiruvannamalai, Tamil Nadu, is provided with a unique IFSC like SBIN0000938 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 Tiruvannamalai.
- 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 Tiruvannamalai and Tiruvannamalai.
- 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 Tiruvannamalai do not get mixed with another location.
Format of the IFSC Code SBIN0000938
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 Tiruvannamalai in Tiruvannamalai.
For example, the IFSC Code SBIN0000938 of State Bank Of India for the Tiruvannamalai branch includes these elements, identifying the bank and the branch location in Tiruvannamalai and Tamil Nadu accurately.
How to Find IFSC Code for State Bank Of India?
If you are trying to find the IFSC Code SBIN0000938 of State Bank Of India for its Tiruvannamalai branch located in Tiruvannamalai, 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 Tiruvannamalai and Tiruvannamalai, 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 Tiruvannamalai or Tiruvannamalai to get the exact IFSC Code SBIN0000938.
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 Tiruvannamalai that will provide accurate information.
How to Use IFSC Code SBIN0000938 for Online Transfers?
Once you have the IFSC Code SBIN0000938 for the Tiruvannamalai branch of State Bank Of India in Tiruvannamalai, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code SBIN0000938. 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 SBIN0000938.
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 Tiruvannamalai in Tiruvannamalai 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 Tiruvannamalai, 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 Tiruvannamalai manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is SBIN0000938.
Yes, but there can be changes during mergers or restructuring.
No, MICR is for cheque clearing and the IFSC is for online transfers.
You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is 34, Kosa Mada Street, Tiruvannamalai-606601 located in Tiruvannamalai, Tiruvannamalai, Tamil Nadu.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.