State Bank of India EGMORE,CHENNAI Branch IFSC Code

SBIN 0001516
State Bank of India Logo State Bank of India
EGMORE,CHENNAI — CHENNAI, TAMIL NADU
MICR: 600002015 RTGS: ✓ NEFT: ✓ IMPS: ✓ UPI: ✓

Branch Details

Bank
State Bank of India
Branch
EGMORE,CHENNAI
IFSC Code
SBIN0001516
MICR Code
600002015
Address
CHENNAI, TAMILNADU, PIN - 600008
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City
CHENNAI
District
CHENNAI
State
TAMIL NADU
SWIFT Code
SBININBB297

How to Use This IFSC Code

NEFT Transfer

Use IFSC code SBIN0001516 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 SBIN0001516.

IMPS Transfer

IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code SBIN0001516.

IFSC Code Structure

S
B
I
N
0
0
0
1
5
1
6
  • SBIN — Bank code (State Bank of India)
  • 0 — Reserved (always 0)
  • 001516 — Branch code (EGMORE,CHENNAI)

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Frequently Asked Questions

Is SBIN0001516 valid for online transfer?
Yes, SBIN0001516 is a valid IFSC code for State Bank of India EGMORE,CHENNAI branch in CHENNAI, TAMIL NADU. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does SBIN0001516 belong to?
SBIN0001516 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 EGMORE,CHENNAI is 600002015. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using SBIN0001516?
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.