State Bank of India MADURAI Branch IFSC Code

SBIN 0050868
State Bank of India Logo State Bank of India
MADURAI — MADURAI, TAMIL NADU
MICR: 625002089 RTGS: ✓ NEFT: ✓ IMPS: ✓ UPI: ✓

Branch Details

Bank
State Bank of India
Branch
MADURAI
IFSC Code
SBIN0050868
MICR Code
625002089
Address
109 VAKIL NEW STREET SIMMAKKALMADURAI 625001
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City
MADURAI
District
MADURAI
State
TAMIL NADU
Contact
2325723

How to Use This IFSC Code

NEFT Transfer

Use IFSC code SBIN0050868 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 SBIN0050868.

IMPS Transfer

IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code SBIN0050868.

IFSC Code Structure

S
B
I
N
0
0
5
0
8
6
8
  • SBIN — Bank code (State Bank of India)
  • 0 — Reserved (always 0)
  • 050868 — Branch code (MADURAI)

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Frequently Asked Questions

Is SBIN0050868 valid for online transfer?
Yes, SBIN0050868 is a valid IFSC code for State Bank of India MADURAI branch in MADURAI, TAMIL NADU. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does SBIN0050868 belong to?
SBIN0050868 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 MADURAI is 625002089. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using SBIN0050868?
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.