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State Bank of India · Dindigul

SBIN0016549: State Bank of India, Palani Town

IFSC code SBIN0016549 belongs to the Palani Town branch of State Bank of India in Dindigul, Tamil Nadu. Its MICR code is 624002120.

IFSC
SBIN0016549
MICR
624002120
Bank
State Bank of India
Branch
Palani Town
District
Dindigul
State
Tamil Nadu

Branch address

State Bank of India
138, Dindigul Road, Lakshmipuram, Palani, Dist Dindigul, Tamil Nadu624 601.

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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 016549 is the code of the Palani Town branch. In the MICR code 624002120, 624 is the city, 002 the bank and 120 the branch.

Other State Bank of India branches in Dindigul

All 39 State Bank of India branches in Dindigul

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 Palani Town branch (Dindigul, Tamil Nadu) is SBIN0016549.

  2. 624002120. MICR is printed at the bottom of the branch's cheques.

  3. 138, Dindigul Road, Lakshmipuram, Palani, Dist Dindigul, Tamil Nadu624 601.

  4. RBI's list shows this branch on NEFT, RTGS, IMPS and UPI. Use the IFSC SBIN0016549 with the beneficiary's account number.

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