IFSC Code of State Bank of India, VELANDIPALAYAM, COIMBATORE

SBIN0040541

BankState Bank of India
IFSC CodeSBIN0040541
Branch Code040541 (last six characters of IFSC)
BranchVELANDIPALAYAM
City / DistrictCOIMBATORE
StateTAMIL NADU

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State Bank of India VELANDIPALAYAM IFSC Code

The VELANDIPALAYAM branch of State Bank of India located in COIMBATORE, TAMIL NADU is identified by the IFSC code SBIN0040541. This 11-character code is issued by the Reserve Bank of India (RBI) and is required for electronic fund transfers such as NEFT, RTGS, IMPS and UPI.

How to transfer money using SBIN0040541

  1. Log in to your bank’s net banking or mobile banking app.
  2. Choose the NEFT, RTGS or IMPS transfer option.
  3. Add the beneficiary with account number and branch name.
  4. Enter IFSC code SBIN0040541 to identify the VELANDIPALAYAM branch.
  5. Enter the amount and confirm the transaction.

Difference between IFSC and MICR

AspectIFSC
Full formIndian Financial System Code
PurposeOnline money transfer (NEFT / RTGS / IMPS)
Format11-character alphanumeric
Issued byReserve Bank of India (RBI)

Frequently asked questions

What is the IFSC code of State Bank of India, VELANDIPALAYAM?
The IFSC code is SBIN0040541.

What is the branch code?
The branch code is 040541, the last six characters of the IFSC code.