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State Bank of India · Erode

SBIN0007586: State Bank of India, Karvazhi

IFSC code SBIN0007586 belongs to the Karvazhi branch of State Bank of India in Erode, Tamil Nadu. Its MICR code is 638002121.

IFSC
SBIN0007586
MICR
638002121
Bank
State Bank of India
Branch
Karvazhi
District
Erode
State
Tamil Nadu

Branch address

State Bank of India
Ab 5 PB No 2t. Karurtamil Nadu 638151

Open in a map · Pincode 638151: post offices and area

Payment systems

SystemOn RBI's list for this branchWhat it is for
NEFTYesTransfers of any amount, settled in half-hourly batches, all day
RTGSYesLarge transfers (₹2 lakh and above), settled one by one in real time
IMPSYesInstant transfers, any time, usually for smaller amounts
UPIYesPayments by UPI ID or mobile number from apps

Reading this IFSC

SBIN is State Bank of India's bank code, the fifth character 0 is kept for future use, and 007586 is the code of the Karvazhi branch. In the MICR code 638002121, 638 is the city, 002 the bank and 121 the branch.

Other State Bank of India branches in Erode

All 50 State Bank of India branches in Erode

IFSC and your loan

When you take a loan through Oxon Fintech, the lending partner (a bank or NBFC) pays the money straight into your own bank account, so the application asks for your account number and its IFSC. Check both against your passbook or cheque book: a wrong IFSC can delay the payment. Oxon never asks for your OTP, PIN, CVV or passwords.

Data: the Reserve Bank of India's list of NEFT and RTGS bank branches, as compiled by Razorpay's open-source IFSC dataset. Bank details change from time to time (branches merge, move or close); confirm the IFSC with your bank or on your cheque book before you send money. Oxon Fintech is a loan platform, not a bank, and is not linked to the banks listed.

01 FAQ

Common questions.

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  1. The IFSC of State Bank of India's Karvazhi branch (Erode, Tamil Nadu) is SBIN0007586.

  2. 638002121. MICR is printed at the bottom of the branch's cheques.

  3. Ab 5 PB No 2t. Karurtamil Nadu 638151

  4. RBI's list shows this branch on NEFT, RTGS, IMPS and UPI. Use the IFSC SBIN0007586 with the beneficiary's account number.

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