SBIN0011060: State Bank of India, Paramathy Velur
IFSC code SBIN0011060 belongs to the Paramathy Velur branch of State Bank of India in Erode, Tamil Nadu. Its MICR code is 638002870.
- IFSC
- SBIN0011060
- MICR
- 638002870
- Branch
- Paramathy Velur
- District
- Erode
- State
- Tamil Nadu
Branch address
State Bank of India
Dist Namakkal, Tamil Nadu
Payment systems
| System | On RBI's list for this branch | What it is for |
|---|---|---|
| NEFT | Yes | Transfers of any amount, settled in half-hourly batches, all day |
| RTGS | Yes | Large transfers (₹2 lakh and above), settled one by one in real time |
| IMPS | Yes | Instant transfers, any time, usually for smaller amounts |
| UPI | Yes | Payments 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 011060 is the code of the Paramathy Velur branch. In the MICR code 638002870, 638 is the city, 002 the bank and 870 the branch.
Other State Bank of India branches in Erode
All 50 State Bank of India branches in Erode
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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.
The IFSC of State Bank of India's Paramathy Velur branch (Erode, Tamil Nadu) is SBIN0011060.
638002870. MICR is printed at the bottom of the branch's cheques.
Dist Namakkal, Tamil Nadu
RBI's list shows this branch on NEFT, RTGS, IMPS and UPI. Use the IFSC SBIN0011060 with the beneficiary's account number.
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