State Bank of India VELACHERRY Branch IFSC Code

SBIN 0020946
State Bank of India Logo State Bank of India
VELACHERRY — CHENNAI, TAMIL NADU
MICR: 600002366 RTGS: ✓ NEFT: ✓ IMPS: ✓ UPI: ✓

Branch Details

Bank
State Bank of India
Branch
VELACHERRY
IFSC Code
SBIN0020946
MICR Code
600002366
Address
919TARAMANILINKROADTANSINAGARVELACHERYCHENNAI
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City
CHENNAI
District
CHENNAI
State
TAMIL NADU
Contact
+914422436229

How to Use This IFSC Code

NEFT Transfer

Use IFSC code SBIN0020946 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 SBIN0020946.

IMPS Transfer

IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code SBIN0020946.

IFSC Code Structure

S
B
I
N
0
0
2
0
9
4
6
  • SBIN — Bank code (State Bank of India)
  • 0 — Reserved (always 0)
  • 020946 — Branch code (VELACHERRY)

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Frequently Asked Questions

Is SBIN0020946 valid for online transfer?
Yes, SBIN0020946 is a valid IFSC code for State Bank of India VELACHERRY branch in CHENNAI, TAMIL NADU. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does SBIN0020946 belong to?
SBIN0020946 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 VELACHERRY is 600002366. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using SBIN0020946?
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.