State Bank of India IFSC Code
NEYVELI BAZAR Branch, NEYVELI, NEYVELI, Tamil Nadu
The official Indian Financial System Code (IFSC) for State Bank of India, NEYVELI BAZAR branch in NEYVELI, Tamil Nadu is SBIN0002242. The MICR code for cheque clearance is 607002006.
Branch Fact Sheet & Electronic Routing Details
- Bank Name
- State Bank of India
- Branch Name
- NEYVELI BAZAR
- MICR Code
- City / District
- NEYVELI (NEYVELI)
- State
- Tamil Nadu
- Postal Pincode
- 607803
50, KAMRAJ ROAD, NEYVELI, CUDDALORE, TAMILNADU, PIN 607803, Pincode: 607803
How to Read IFSC Code: SBIN0002242
An Indian Financial System Code (IFSC) is a unique 11-character alphanumeric code assigned by the Reserve Bank of India to identify bank branches for electronic payment systems.
First 4 alphabetic characters identify State Bank of India.
5th character is always numeral '0', reserved for future use.
Last 6 alphanumeric characters identify the specific physical branch.
Payment Systems Supported by this IFSC Code
| Payment System | Settlement Time | Minimum Amount | Availability | Ideal For |
|---|---|---|---|---|
| NEFT (National Electronic Funds Transfer) | Half-hourly batches | ₹1 (No minimum) | 24x7x365 | Routine bills, small & medium transactions |
| RTGS (Real Time Gross Settlement) | Real-time instant | ₹2,00,000 | 24x7x365 | High-value urgent financial transfers |
| IMPS (Immediate Payment Service) | Immediate | ₹1 (Max ₹5 Lakh) | 24x7x365 | Instant mobile banking & emergency transfers |
Frequently Asked Questions: State Bank of India (SBIN0002242)
What is the IFSC Code for State Bank of India NEYVELI BAZAR branch?
The IFSC Code for State Bank of India NEYVELI BAZAR branch in NEYVELI, Tamil Nadu is SBIN0002242. It is used for NEFT, RTGS, and IMPS funds transfer.
What is the address of State Bank of India NEYVELI BAZAR branch?
The branch is located at: 50, KAMRAJ ROAD, NEYVELI, CUDDALORE, TAMILNADU, PIN 607803, Pincode: 607803, NEYVELI, Tamil Nadu.
What is the MICR Code for State Bank of India NEYVELI BAZAR?
The MICR Code for electronic cheque clearing at State Bank of India NEYVELI BAZAR is 607002006.
How to decipher the IFSC code SBIN0002242?
The first 4 characters 'SBIN' represent State Bank of India. The 5th character is '0' reserved for future use. The last 6 characters '002242' represent the specific NEYVELI BAZAR branch code.
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