SBIN0016416 IFSC Code for State Bank of India (SBI) Salem New Bus Stand branch located at Tamil Nadu state, Salem district, and branch Address is Shanthi Plaza, 1/5,Brindavan Road, Fairlands, Dist:Salem, Tamil Nadu:636004, Branch Contact numbers 9445864098 Branch code is 016416 last six characters of the IFSC Code.
Branch Information Last updated Jun 16, 2013
IFSC: SBIN0016416
MICR: NOT AVAILABLE
Branch Code: 016416
PIN Code: 636004
Address: SHANTHI PLAZA, 1/5,BRINDAVAN ROAD, FAIRLANDS, DIST:SALEM, TAMIL NADU:636004
Contact: 9445864098
Map Location of Salem, Tamil Nadu
What is IFSC Code SBIN0016416?
IFSC or Indian Financial System Code is an alpha-numeric code that uniquely identifies a bank-branch participating in the NEFT system.
This is an 11 digit code with the first 4 alpha characters representing the bank, and the last 6 characters representing the branch.
The 5th character is 0 (zero).
IFSC is used by the NEFT system to identify the originating / destination banks / branches and also to route the messages appropriately to the concerned banks / branches.
IFSC is 11 alpha numeric characters code assigned by Reserve Bank of India to bank branches for facilitating online money / fund transfer using NEFT, RTGS or ECS between two bank accounts.
- The code consists of 11 Characters : (SBIN0016416) 11 alpha numeric characters code assigned by Reserve Bank of India to State Bank of India (SBI) Salem New Bus Stand Branch
- First 4 characters represent the entity (SBIN0016416)
- Fifth position has been defaulted with a '0' (Zero) for future use (ICIC0016416)
- Last 6 character denotes the branch identity (ICIC0016416)
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