State Bank of India PALANGANATHAM Branch IFSC Code

SBIN 0011062
State Bank of India Logo State Bank of India
PALANGANATHAM — MADURAI, TAMIL NADU
MICR: 625002026 RTGS: ✓ NEFT: ✓ IMPS: ✓ UPI: ✓

Branch Details

Bank
State Bank of India
Branch
PALANGANATHAM
IFSC Code
SBIN0011062
MICR Code
625002026
Address
DIST MADURAI, STATE TAMILNADU
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City
MADURAI
District
MADURAI
State
TAMIL NADU

How to Use This IFSC Code

NEFT Transfer

Use IFSC code SBIN0011062 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 SBIN0011062.

IMPS Transfer

IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code SBIN0011062.

IFSC Code Structure

S
B
I
N
0
0
1
1
0
6
2
  • SBIN — Bank code (State Bank of India)
  • 0 — Reserved (always 0)
  • 011062 — Branch code (PALANGANATHAM)

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Frequently Asked Questions

Is SBIN0011062 valid for online transfer?
Yes, SBIN0011062 is a valid IFSC code for State Bank of India PALANGANATHAM branch in MADURAI, TAMIL NADU. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does SBIN0011062 belong to?
SBIN0011062 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 PALANGANATHAM is 625002026. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using SBIN0011062?
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.