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State Bank of India · Salem

SBIN0040348: State Bank of India, Salem

IFSC code SBIN0040348 belongs to the Salem branch of State Bank of India in Salem, Tamil Nadu. Its MICR code is 636002137.

IFSC
SBIN0040348
MICR
636002137
Bank
State Bank of India
Branch
Salem
District
Salem
State
Tamil Nadu
Phone
+914272264428

Branch address

State Bank of India
No.19 by 35 B Car Street Salem

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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 040348 is the code of the Salem branch. In the MICR code 636002137, 636 is the city, 002 the bank and 137 the branch.

Other State Bank of India branches in Salem

All 60 State Bank of India branches in Salem

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 Salem branch (Salem, Tamil Nadu) is SBIN0040348.

  2. 636002137. MICR is printed at the bottom of the branch's cheques.

  3. No.19 by 35 B Car Street Salem

  4. RBI's list shows this branch on NEFT, RTGS, IMPS and UPI. Use the IFSC SBIN0040348 with the beneficiary's account number.

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