State Bank of India, CHITHODE, COIMBATORE Branch IFSC Code

The IFSC code SBIN0018642 is assigned to State Bank of India, CHITHODE located in COIMBATORE, TAMIL NADU. This code is required for electronic fund transfers like NEFT, RTGS, and IMPS transactions.

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Bank Details

Bank Name State Bank of India
IFSC Code SBIN0018642
MICR Code 638002041
Branch Code 018642
Branch CHITHODE
City COIMBATORE
District COIMBATORE
State TAMIL NADU
Address SATHY ROAD, CHITHODE, DISTT.ERODE. TAMIL NADU-638102 Maps
Contact +919841265772

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Understanding IFSC and MICR Codes

What is IFSC Code?

IFSC (Indian Financial System Code) is an 11-character alphanumeric code used to identify bank branches in India. It is essential for electronic fund transfers through NEFT, RTGS, and IMPS systems.

SBIN Bank Code
0 Reserved (0)
018642 Branch Code

What is MICR Code?

MICR (Magnetic Ink Character Recognition) is a 9-digit code printed on cheques. It helps in faster processing of cheques through automated reading.

638 City Code
002 Bank Code
041 Branch Code

When to Use These Codes?

  • NEFT Transfer: Use IFSC code for National Electronic Funds Transfer (available 24x7)
  • RTGS Transfer: Use IFSC code for Real Time Gross Settlement (for amounts ≥ ₹2 lakhs)
  • IMPS Transfer: Use IFSC code for Immediate Payment Service (instant transfers)
  • Cheque Processing: MICR code is printed on cheques for automated clearing

Frequently Asked Questions

IFSC Code SBIN0018642 is the Indian Financial System Code assigned to State Bank of India, CHITHODE branch in COIMBATORE, TAMIL NADU. This 11-character code uniquely identifies this bank branch in India's electronic payment systems.

This branch is located in COIMBATORE, COIMBATORE, TAMIL NADU. The full address is: SATHY ROAD, CHITHODE, DISTT.ERODE. TAMIL NADU-638102

The branch code is 018642. This is the last 6 characters of the IFSC code that uniquely identifies this specific branch of State Bank of India.

This branch supports the following electronic fund transfer services:

  • NEFT - Available
  • RTGS - Available
  • IMPS - Available
  • UPI - Available

The MICR (Magnetic Ink Character Recognition) code for this branch is 638002041. MICR code is a 9-digit code used for processing cheques and is printed on cheque leaves.

To use this IFSC code for fund transfers:

  1. Log in to your bank's internet banking or mobile app
  2. Navigate to fund transfer section (NEFT/RTGS/IMPS)
  3. Enter the beneficiary's account number
  4. Enter IFSC Code: SBIN0018642
  5. Verify the bank and branch details auto-populated
  6. Complete the transfer
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