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IFSC Code SBIN0016557 - State Bank of India-ZAM BAZAAR-Chennai

Detail Information
IFSC Code SBIN0016557
Bank Name State Bank of India
Address ZAM BAZAAR,210 BHARATHI SALAI, OPP TO AMIR MAHAL,CHENNAI 14
District Chennai
State Tamil nadu
Branch Zam bazaar
Contact
Centre Available
IMPS Available
UPI Available
MICR 600002254
RTGS 1
NEFT Not Available
ISO3166 IN-TN
Bankcode SBIN

Overview of SBIN0016557

The IFSC code SBIN0016557 is associated with the Chennai ZAM BAZAAR Branch of State Bank of India. Located in the bustling city of Chennai, TAMIL NADU, this branch is one of the many State Bank of India branches that cater to the banking needs of the local residents. The code "SBIN" in SBIN0016557 represents State Bank of India Bank, while 0016557 signifies the unique branch code for ZAM BAZAAR.

Significance of IFSC Code for Banking Transactions

The importance of the IFSC code, like SBIN0016557, for the ZAM BAZAAR Branch, cannot be overstated. It acts as an address that identifies both the State Bank of India and its specific branch in Chennai. This ensures that when you're transferring money or setting up a beneficiary for future transactions, your funds are directed to the correct bank branch. Without the IFSC code, the chances of errors in electronic fund transfers would be significantly higher, leading to potential financial losses and administrative hassles.

Deep Dive into SBIN0016557

The IFSC code SBIN0016557 is not just a random combination of letters and numbers. It holds significance in the banking world, especially for those who bank with State Bank of India in Chennai. Let's break down the details:

  • IFSC Code (SBIN0016557): This unique code is essential for electronic fund transfers. The first four characters "SBIN" represent the bank's name, State Bank of India. The last six characters "0016557" are a unique identifier for the ZAM BAZAAR branch.
  • Bank Name (State Bank of India): One of [country]'s leading banks, State Bank of India offers a wide range of banking products and financial services to its vast customer base.
  • Address (ZAM BAZAAR,210 BHARATHI SALAI, OPP TO AMIR MAHAL,CHENNAI 14): This specific address pinpoints the exact location of the branch, ensuring that customers can easily find it for their banking needs.
  • City & State (Chennai, TAMIL NADU): The branch is situated in the heart of Chennai, the capital city of TAMIL NADU. A city known for its [CITY_FEATURES].
  • Branch (ZAM BAZAAR): The [AREA_NAME] area in Chennai is a hub of activity, and the State Bank of India branch here caters to both individual and business banking needs.
  • Phone Number (): A direct line to the branch, this number ensures that customers can reach out for any queries, concerns, or banking assistance.

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