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 Aviyur branch in Virudhunagar, Virudhunagar, 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 Virudhunagar or anywhere in Tamil Nadu can transfer funds instantly by using the correct IFSC Code SBIN0018571. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for State Bank Of India, Aviyur, Virudhunagar
Here are some of the key details that come with the IFSC Code SBIN0018571 of State Bank Of India for its branch located in Virudhunagar, within the district of Virudhunagar in the state of Tamil Nadu.
| Particulars | Details |
|---|---|
| Bank | State Bank Of India |
| IFSC Code | SBIN0018571 |
| Branch | Aviyur |
| City | Virudhunagar |
| District | Virudhunagar |
| State | Tamil Nadu |
| Address | Kurandi Main Road, Aviyur, Kariapatti Taluk, Dist.Virudhunagar, Tamil Nadu 626106 |
These details are crucial, not just for online banking users but also for businesses and individuals who use State Bank Of India in Virudhunagar for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0018571 for the Aviyur branch of State Bank Of India has an important 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 SBIN0018571 is given to every bank branch, including State Bank Of India located in Aviyur, Virudhunagar, 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 Virudhunagar.
- 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 Virudhunagar and Virudhunagar.
- 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 Aviyur doesn't end up at another location.
Format of the IFSC Code SBIN0018571
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 Aviyur in Virudhunagar.
For example, the IFSC Code SBIN0018571 of State Bank Of India for the Aviyur branch includes these elements, identifying the bank and the branch location in Virudhunagar and Tamil Nadu accurately.
How to Find IFSC Code for State Bank Of India?
To find the IFSC Code SBIN0018571 of State Bank Of India for its Aviyur branch located in Virudhunagar, the following methods can help you out:
Cheque Book
The cheque book issued by State Bank Of India includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.
Passbook
Most banks, including State Bank Of India branches in Virudhunagar and Virudhunagar, 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 go to the branch locator section. Then search for Aviyur or Virudhunagar to find the exact IFSC Code SBIN0018571.
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 maintains an updated database of all IFSC codes. Searching for State Bank Of India and Virudhunagar will provide accurate information.
How to Use IFSC Code SBIN0018571 for Online Transfers?
If you have the IFSC Code SBIN0018571 for the Aviyur branch of State Bank Of India in Virudhunagar, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code SBIN0018571. 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 SBIN0018571.
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 Aviyur in Virudhunagar, it may result in delayed or failed transactions.
Finding the MICR Code
MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of State Bank Of India in Aviyur, you can find it by any of the following ways:
- Check the bottom of your cheque leaf.
- Go to the first page of your passbook.
- Visit the official State Bank Of India website.
- Search the RBI portal.
Having both IFSC and MICR codes helps account holders in Virudhunagar manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is SBIN0018571.
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 Kurandi Main Road, Aviyur, Kariapatti Taluk, Dist.Virudhunagar, Tamil Nadu 626106 located in Virudhunagar, Virudhunagar, Tamil Nadu.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.