State Bank of India THYAGARAYA NAGAR Branch IFSC Code

SBIN 0001020
State Bank of India Logo State Bank of India
THYAGARAYA NAGAR — CHENNAI, TAMIL NADU
MICR: 600002054 RTGS: ✓ NEFT: ✓ IMPS: ✓ UPI: ✓

Branch Details

Bank
State Bank of India
Branch
THYAGARAYA NAGAR
IFSC Code
SBIN0001020
MICR Code
600002054
Address
P.B.NO.1003,M.PRAKASAM RD,THYAGARAYANAGAR,CHENNAI
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City
CHENNAI
District
T NAGAR
State
TAMIL NADU
SWIFT Code
SBININBB462

How to Use This IFSC Code

NEFT Transfer

Use IFSC code SBIN0001020 to send money via NEFT to this branch. NEFT transfers are processed in hourly batches during working hours. No minimum amount required.

RTGS Transfer

This branch supports RTGS for high-value instant transfers above ₹2 lakhs. Use the same IFSC code SBIN0001020.

IMPS Transfer

IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code SBIN0001020.

IFSC Code Structure

S
B
I
N
0
0
0
1
0
2
0
  • SBIN — Bank code (State Bank of India)
  • 0 — Reserved (always 0)
  • 001020 — Branch code (THYAGARAYA NAGAR)

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Frequently Asked Questions

Is SBIN0001020 valid for online transfer?
Yes, SBIN0001020 is a valid IFSC code for State Bank of India THYAGARAYA NAGAR branch in CHENNAI, TAMIL NADU. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does SBIN0001020 belong to?
SBIN0001020 belongs to State Bank of India. The first 4 characters "SBIN" identify the bank.
What is the MICR code for this branch?
The MICR code for State Bank of India THYAGARAYA NAGAR is 600002054. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using SBIN0001020?
Yes, this branch supports RTGS (Real Time Gross Settlement). RTGS is used for high-value instant transfers above ₹2 lakhs. Available on working days during RBI specified hours.