State Bank of India PALAVAKKAM Branch IFSC Code

SBIN 0018271
State Bank of India Logo State Bank of India
PALAVAKKAM — CHENNAI, TAMIL NADU
MICR: 600002281 RTGS: ✓ NEFT: ✓ IMPS: ✓ UPI: ✓

Branch Details

Bank
State Bank of India
Branch
PALAVAKKAM
IFSC Code
SBIN0018271
MICR Code
600002281
Address
EAST COAST ROAD,CHENNAI, DISTT CHENNAI,TAMILNADU 600041
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City
CHENNAI
District
CHENNAI
State
TAMIL NADU
Contact
+919094551092

How to Use This IFSC Code

NEFT Transfer

Use IFSC code SBIN0018271 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 SBIN0018271.

IMPS Transfer

IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code SBIN0018271.

IFSC Code Structure

S
B
I
N
0
0
1
8
2
7
1
  • SBIN — Bank code (State Bank of India)
  • 0 — Reserved (always 0)
  • 018271 — Branch code (PALAVAKKAM)

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Frequently Asked Questions

Is SBIN0018271 valid for online transfer?
Yes, SBIN0018271 is a valid IFSC code for State Bank of India PALAVAKKAM branch in CHENNAI, TAMIL NADU. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does SBIN0018271 belong to?
SBIN0018271 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 PALAVAKKAM is 600002281. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using SBIN0018271?
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.