SBIN0015703 IFSC Code, STATE BANK OF INDIA, PARAMAKUDI BAZAAR

IFSC Code of State Bank Of India, Paramakudi Bazaar, Tamil Nadu IFSC CODE & MICR CODE

STATE BANK OF INDIA, PARAMAKUDI BAZAAR - SBIN0015703

  • Bank name: STATE BANK OF INDIA

Bank Address: 3/843 E Bharathi Nagar, Opp. Lena Mahal, Madurai Rameswaram Road, Paramakudi, Dist Kancheepuram, Tamil Nadu 623707

  • IFSC Code sbin0015703
  • Bank Code SBIN
  • Bank name STATE BANK OF INDIA
  • Bank contact number
  • Bank branch PARAMAKUDI BAZAAR
  • Bank ISO3166 Code IN-TN
  • Bank Center KANCHEEPURAM
  • MICR Code 623002103
  • State name TAMIL NADU
  • District name KANCHEEPURAM
  • City name PARAMAKUDI
  • Swift Swift not provided
  • 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, PARAMAKUDI BAZAAR branch is SBIN0015703, ensures that your transactions are directed to the correct branch.

How to Use SBIN0015703 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 PARAMAKUDI BAZAAR 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.