State Bank of India PALANI TOWN Branch IFSC Code

SBIN 0016549
State Bank of India Logo State Bank of India
PALANI TOWN — DINDIGUL, TAMIL NADU
MICR: 624002120 RTGS: ✓ NEFT: ✓ IMPS: ✓ UPI: ✓

Branch Details

Bank
State Bank of India
Branch
PALANI TOWN
IFSC Code
SBIN0016549
MICR Code
624002120
Address
138, DINDIGUL ROAD, LAKSHMIPURAM, PALANI, DIST DINDIGUL, TAMIL NADU624 601.
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City
DINDIGUL
District
PALANI
State
TAMIL NADU

How to Use This IFSC Code

NEFT Transfer

Use IFSC code SBIN0016549 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 SBIN0016549.

IMPS Transfer

IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code SBIN0016549.

IFSC Code Structure

S
B
I
N
0
0
1
6
5
4
9
  • SBIN — Bank code (State Bank of India)
  • 0 — Reserved (always 0)
  • 016549 — Branch code (PALANI TOWN)

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Frequently Asked Questions

Is SBIN0016549 valid for online transfer?
Yes, SBIN0016549 is a valid IFSC code for State Bank of India PALANI TOWN branch in DINDIGUL, TAMIL NADU. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does SBIN0016549 belong to?
SBIN0016549 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 PALANI TOWN is 624002120. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using SBIN0016549?
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.