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ADB MADURAI    1 Branches
ALAGARKOVIL    1 Branches
ALANGANALLUR    2 Branches
ANAIYUR    1 Branches
ANDALPURAM    1 Branches
ANNA NAGAR MADURAI    1 Branches
ANNA NAGAR, MADURAI    1 Branches
ARASARADI, MADURAI    1 Branches
AVANIAPURAM    1 Branches
C T COMPLEX MADURAI    1 Branches
CCPC, MADURAI    1 Branches
DINDIGUL    1 Branches
ELUMALAI    1 Branches
ERAL    1 Branches
ERIYUR    1 Branches
JAIHINDPURAM    1 Branches
K K NAGAR MADURAI    1 Branches
K. PUDUR    1 Branches
KANGAZHA    1 Branches
KARIMEDU, MADURAI    1 Branches
KOCHADAI    1 Branches
KOODAKOIL    1 Branches
KOSAKULAM PUDUR    1 Branches
KOTTUR    1 Branches
KUMARAM    1 Branches
KURUVITHURAI    1 Branches
MADURAI    5 Branches
MADURAI AGRI COLLEGE    1 Branches
MADURAI CITY    1 Branches
MADURAI MAIN    1 Branches
MANIMOOLY    1 Branches
MELUR    1 Branches
MOOZHIKULAM    1 Branches
NAGAMALAI PUDUKOTTAI    1 Branches
NALLUR    1 Branches
OTHAKADAI, MADURAI    1 Branches
PALAMEDU    1 Branches
PALANGANATHAM    1 Branches
PASUMALAI, MADURAI    1 Branches
PBMADURAI    1 Branches
PONMENI    1 Branches
RBO II MADURAI    1 Branches
RBO MADURAI REGION I    1 Branches
SAMAYANALLUR    1 Branches
SAPTUR    1 Branches
SARC, PONDICHERRY    1 Branches
SENGAPPADAI    1 Branches
SHOLAVANDAN    1 Branches
SIRUTHOZHIL, MADURAI    1 Branches
SME RAJAPALAYAM    1 Branches
SMEC, MADURAI    1 Branches
SOWDARPATTI    1 Branches
T.KALLUPATTI    1 Branches
TALLAKULAM    1 Branches
THANICHAYAM    1 Branches
THERKUTHERU    1 Branches
THERKUVASAL    1 Branches
THIRUTHANGAL    1 Branches
TIRUCHIRAPPALLI TOWN    1 Branches
TIRUMANGALAM    1 Branches
TIRUNAGAR    1 Branches
TVS NAGAR MADURAI    1 Branches
USILAMPATTI    1 Branches
VADIPATTI    1 Branches
VALANDUR    1 Branches
VEERAPANJAN    1 Branches
VILANGUDI    1 Branches
VILLAPURAM    1 Branches
VINAYAGANAGAR    1 Branches
ZONAL OFFICE MADURAI    1 Branches

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Rate Date : 12/05/24

We found 92 Branches available for STATE BANK OF INDIA, TAMIL NADU, MADURAI

General Information About Bank IFSC & MICR Code


What is an IFSC Code?

IFSC stands for Indian Financial System Code. It's an eleven digits & characters combination unique identifying number. This unique code helps to identify the perticular individual bank branches for smooth online transation such as NEFT, RTGS & IMPS transations. This code is developed by RBI (Reserve Bank of India).


Structure of the IFSC Code

The first four letters of the IFSC Code is bank code, Next one digits is genarally (0) zero & it's reserved for future use & last six digits is an unique identifier no for the particular Financial institution or bank branch.


Example : Breakdown of IFSC Code

A

B

C

D

0

1

2

3

4

5

6

Bank Code

Future Use

Branch Code


What is IFSC code used for?

IFSC Code used for various electronic or online fund transfer such as NEFT, RTGS, IMPS & other online fund transferring etc.


What is MICR Code?

MICR stands for Magnetic Ink Character Recognition technology & this code is developed by RBI (Reserve Bank of India). It's also a nine digits unique identifying number. This unique nine digits MICR code helps to identify the perticular individual bank branches and branch participating in an Electronic Clearing System (ECS).

The MICR code is located on the bottom of a each cheque leaf, next to the cheque number. You can also find it printed on the first page of a bank passbook.


Structure of the MICR Code


Example : Breakdown of MICR Code

1

2

3

4

5

6

7

8

9

City Code

Bank Code

Branch Code


What is MICR code used for?

MICR Code used for various financial transations such as SIP form or for transferring funds.


The given information is as per the guidelines of RBI (Reserve Bank of India)

Payment ServiceNEFTRTGSIMPS
ProcessProcess is based on Deferred Net Settlement (DNS) and the transfer of funds will be carried out in  half-hourly batches starting from 12:30 am to 12:00 amPayment process in which the money is credited in the beneficiary’s bank branch in real-time and on gross basisReal-time and instant interbank fund transfer process, IMPS is considered a secure & faster mode of fund transfer
Minimum Transfer LimitRe.1Rs.2 lakhRe.1
Maximum Transfer LimitNo limitNo limitRs.2 lakh
Operational TimingsAvailable 24x7, 365 days (including bank holidays)7 am to 6 pm on all working daysAvailable 24x7, 365 days (including bank holidays)
Inward Transaction ChargesNo chargesNo chargesDecided by individual member banks and PPIs


FAQ on IFSC & MICR code

Q. Do IFSC codes get changed?
A. Generally no but if the particular bank undergoes any merger or something then only the new IFSC code will be issued by RBI (Reserve Bank of India) & the old one will be deactivated.

Q. How to transfer money using the IFSC code?
A. Using IFSC code transferring funds from one bank to another bank or the same bank different accounts is really a hassle free solution. When you try to transfer funds using online banking such as NEFT, RTGS, IMPS & others method then you need the customer name, bank account no. & the IFSC code.

Q. Is sharing IFSC & MICR code safe?
A. Each Indivitual bank branch's IFSC code & MICR code is matchless and it's essential in India for transferring funds through the online banking. Every bank guarantees the security of the fund transfer & no one may misuse the IFSC code & MICR code for fraud, theft & spaming.

Q. Is IFSC code and branch code is same?
A. No. An IFSC code is an eleven digit alphanumeric unique code issued by RBI(Reserve Bank of India) to identify the each indivitual bank branch. Branch code is a part of of the IFSC code because it's identify a particual bank branch. The last 6 digit of the IFSC code is the branch code & this code is also printed on your first page of your bank passbook.