IFSC Code SBIN0070771 - State Bank of India-VELACHERRY-Chennai

Detail Information
IFSC Code SBIN0070771
Bank Name State Bank of India
Address PLOTNO9,OLDNO11-B,NEWNO20,3RDMAINROAD,RAJALEKSHMINAGAR,VELACHERRY600042VELACHERRYATS
District Chennai
State Tamil nadu
Branch Velacherry
Contact +914422452516
Centre Available
IMPS Available
UPI Available
MICR 600002415
RTGS 1
NEFT Not Available
ISO3166 IN-TN
Bankcode SBIN

Overview of SBIN0070771

The IFSC code SBIN0070771 is associated with the Chennai VELACHERRY 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 SBIN0070771 represents State Bank of India Bank, while 0070771 signifies the unique branch code for VELACHERRY.

Significance of IFSC Code for Banking Transactions

The importance of the IFSC code, like SBIN0070771, for the VELACHERRY 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 SBIN0070771

The IFSC code SBIN0070771 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 (SBIN0070771): 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 "0070771" are a unique identifier for the VELACHERRY 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 (PLOTNO9,OLDNO11-B,NEWNO20,3RDMAINROAD,RAJALEKSHMINAGAR,VELACHERRY600042VELACHERRYATS): 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 (VELACHERRY): 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 (+914422452516): 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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