State Bank of India PALAMEDU Branch IFSC Code

SBIN 0002247
State Bank of India Logo State Bank of India
PALAMEDU — MADURAI, TAMIL NADU
MICR: 625002037 RTGS: ✓ NEFT: ✓ IMPS: ✓ UPI: ✓

Branch Details

Bank
State Bank of India
Branch
PALAMEDU
IFSC Code
SBIN0002247
MICR Code
625002037
Address
NADAR STREET, DISTT. MADURAI, TAMIL NADU 625503
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City
MADURAI
District
PALAMEDU
State
TAMIL NADU

How to Use This IFSC Code

NEFT Transfer

Use IFSC code SBIN0002247 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 SBIN0002247.

IMPS Transfer

IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code SBIN0002247.

IFSC Code Structure

S
B
I
N
0
0
0
2
2
4
7
  • SBIN — Bank code (State Bank of India)
  • 0 — Reserved (always 0)
  • 002247 — Branch code (PALAMEDU)

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Frequently Asked Questions

Is SBIN0002247 valid for online transfer?
Yes, SBIN0002247 is a valid IFSC code for State Bank of India PALAMEDU branch in MADURAI, TAMIL NADU. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does SBIN0002247 belong to?
SBIN0002247 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 PALAMEDU is 625002037. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using SBIN0002247?
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.