SBIN0007024 IFSC Code, STATE BANK OF INDIA, LIBM CHENNAI

IFSC Code of State Bank Of India, Libm Chennai, Tamil Nadu IFSC CODE & MICR CODE

STATE BANK OF INDIA, LIBM CHENNAI - SBIN0007024

  • Bank name: STATE BANK OF INDIA

Bank Address: 157, First Floor, Annasalai, Chennai 600002. Tamil Nadu,landmark-next To Lic Building, First Floor Of Sbi, Annasalai Branch

  • IFSC Code sbin0007024
  • Bank Code SBIN
  • Bank name STATE BANK OF INDIA
  • Bank contact number
  • Bank branch LIBM CHENNAI
  • Bank ISO3166 Code IN-TN
  • Bank Center CHENNAI
  • MICR Code 600002096
  • State name TAMIL NADU
  • District name CHENNAI
  • City name CHENNAI
  • Swift SBININBB148
  • IMPS No
  • NEFT No
  • UPI No
  • RTGS No

What is an IFSC Code?

The Indian Financial System Code (IFSC) is an 11-character alphanumeric code used to uniquely identify a bank branch for online fund transfers. The IFSC code for STATE BANK OF INDIA, LIBM CHENNAI branch is SBIN0007024, ensures that your transactions are directed to the correct branch.

How to Use SBIN0007024 for Transactions?

  • NEFT: Use the IFSC code to transfer funds quickly to accounts in other banks.
  • RTGS: For high-value transactions, the IFSC code ensures your payment is processed instantly.
  • IMPS: The IFSC code allows 24/7 fund transfers, including weekends and holidays.

What is a MICR Code?

The Magnetic Ink Character Recognition (MICR) code is a 9-digit code used for processing paper-based transactions, such as cheques. For the LIBM CHENNAI branch, this code complements the IFSC code for efficient banking operations.

Benefits of Using the Correct IFSC Code

  • Accuracy: Ensures your funds are directed to the right branch.
  • Security: Prevents fraudulent transactions by uniquely identifying each branch.