Below are the complete branch details for State Bank of India, ERODE branch, located in ERODE, TAMIL NADU. The IFSC assigned by the Reserve Bank of India to this branch is SBIN0051407. Whether you want to transfer money, add a beneficiary, verify a cheque or simply confirm the branch address, you will find authentic, up-to-date information on this page that has been cross-checked against the bank's branch directory and the RBI's master list of participants in the National Electronic Funds Transfer system.
The IFSC code is one of the most frequently asked-for pieces of information when somebody wants to send you money or set up a recurring credit such as a salary, EMI auto-debit or supplier payment. Knowing exactly which IFSC belongs to your branch — in this case SBIN0051407 for State Bank of India – ERODE — saves you from rejected transfers, returned credits and the back-and-forth that follows them.
The Indian Financial System Code, popularly known as IFSC, is an 11-digit alphanumeric code that the RBI assigns to every bank branch participating in online interbank settlement. Without this code, an electronic transfer simply cannot reach its destination branch.
The IFSC for State Bank of India – ERODE is SBIN0051407. The first four letters SBIN are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters 051407 map to this branch in ERODE, TAMIL NADU.
About State Bank of India
State Bank of India operates a wide network of branches across India, including the Erode branch in Erode. Each branch is enabled for NEFT, RTGS, IMPS and core banking, allowing customers to send and receive money anywhere in the country using a unique IFSC – in this case, SBIN0051407.
Erode branch overview
Located at NO 5 PALANIAPPA STREET NEAR KMCH SPECIALITY HOSPITAL ERODE 638009, the Erode branch handles regular banking operations such as account opening, fixed and recurring deposits, locker facilities, loans, and trade finance services where applicable. The IFSC SBIN0051407 is required for all interbank electronic transfers routed through this branch.
Branch details at a glance
| Bank Name | State Bank of India |
|---|---|
| Branch | Erode |
| IFSC Code | SBIN0051407 |
| MICR Code | Refer to cheque leaf |
| Branch Address | NO 5 PALANIAPPA STREET NEAR KMCH SPECIALITY HOSPITAL ERODE 638009 |
| City | Erode |
| District | Erode |
| State | Tamil Nadu |
| STD Code | 424 |
| Phone | 2224027 |
Why every State Bank of India branch has a unique IFSC
Before electronic settlement systems went live in India, money transfers between banks relied heavily on demand drafts, mail transfers and telegraphic transfers. These older instruments routinely took days to clear and were prone to misrouting because there was no single machine-readable identifier for a branch. The Reserve Bank of India solved this by issuing each participating branch — including ERODE of State Bank of India — its own 11-character IFSC. The code SBIN0051407 is therefore not just an internal reference; it is the digital postcode that lets the RBI's NEFT, RTGS and IMPS rails route funds straight to the right branch ledger without any human intervention.
Today, almost every salary credit, vendor payment, refund and EMI deduction in the country flows through this network, which is exactly why a correct IFSC matters so much. A wrong character can either bounce the transfer or send it to the wrong branch, and reversing such a credit is a manual, time-consuming process. Treat IFSC SBIN0051407 the same way you would treat your account number — verify it once and save it carefully for future use.
MICR code & cheque clearing
Apart from IFSC, every cheque book issued by State Bank of India carries a 9-digit MICR (Magnetic Ink Character Recognition) code that is read by cheque-sorting machines. The MICR code, the IFSC SBIN0051407 and the account number together uniquely identify the Erode branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.
How to transfer money using IFSC SBIN0051407
Online transfers in India are powered by three major channels — NEFT, RTGS and IMPS — and each one requires a destination IFSC. Below is a quick guide for using IFSC SBIN0051407 across all three.
How to use IFSC SBIN0051407 for an NEFT transfer
NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to State Bank of India's ERODE branch. NEFT now settles on a 24x7 basis in half-hourly batches and has no upper limit for retail customers (individual banks may impose their own caps).
- Log in to your internet banking or mobile banking app.
- Choose Add Beneficiary and select NEFT / Other Bank.
- Enter the beneficiary name, account number and the IFSC SBIN0051407.
- Confirm the bank name auto-populates as State Bank of India and the branch as ERODE.
- Approve the beneficiary using OTP. Once activated, transfer any amount and the credit will reflect in the next NEFT cycle.
RTGS transfers via IFSC SBIN0051407
RTGS (Real-Time Gross Settlement) is the fastest high-value transfer mechanism in India. It is meant for transfers of ₹2 lakh and above and settles each transaction individually and instantly. To remit through RTGS to State Bank of India – ERODE, ensure your bank's portal accepts IFSC SBIN0051407 while registering the beneficiary. RTGS is also available 24x7.
IMPS to State Bank of India ERODE (IFSC SBIN0051407)
IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC SBIN0051407 in your mobile or internet banking app, and the money is credited to the ERODE branch account within seconds.
NEFT vs RTGS vs IMPS — which one should you use?
All three modes accept the IFSC SBIN0051407 for State Bank of India – ERODE, but they differ in speed, minimum amount and use case. The table below summarises the differences so you can pick the right channel for the situation at hand.
| Parameter | NEFT | RTGS | IMPS |
|---|---|---|---|
| Minimum amount | ₹1 | ₹2,00,000 | ₹1 |
| Maximum amount | No RBI cap | No RBI cap | ₹5,00,000 |
| Settlement | Half-hourly batches | Real-time | Real-time |
| Availability | 24x7 | 24x7 | 24x7 |
| Best for | Routine transfers | High-value transfers | Urgent small / mid transfers |
| IFSC required | Yes – SBIN0051407 | Yes – SBIN0051407 | Yes – SBIN0051407 |
For most retail customers crediting the Erode branch, NEFT or IMPS will be the quickest and most economical option. RTGS comes in for one-off, high-value movements such as property purchases, vendor settlements or large gifts.
UPI payments and IFSC SBIN0051407
UPI (Unified Payments Interface) has become the default way for individuals to send money in India. While most UPI transactions are addressed using a Virtual Payment Address (VPA) like name@bank, the underlying account at State Bank of India – ERODE is still mapped to IFSC SBIN0051407. When a customer links a savings or current account to a UPI app for the first time, the app silently looks up this IFSC against the account number to verify the account exists. The VPA acts as a friendly alias on top of the same plumbing.
If a UPI transfer to or from this branch fails, the most common reasons are an inactive UPI handle, a daily limit breach or a temporary outage at one of the participating banks — not the IFSC. You can always fall back to NEFT or IMPS using the IFSC SBIN0051407 and the beneficiary's account number to complete the transfer.
Products and account variants supported
Every account opened at the Erode branch is mapped to IFSC SBIN0051407 on the RBI payments network. The branch generally supports the full retail product catalogue of State Bank of India, including:
- Resident savings accounts and salary accounts
- Current accounts for businesses and professionals
- Fixed deposits, recurring deposits and tax-saver deposits
- Demand drafts, banker's cheques and pay orders
- Retail loans — personal, vehicle, education, gold and home
- Credit cards and overdraft facilities (subject to eligibility)
- Third-party investment products such as mutual funds and insurance (through tie-ups)
Whichever product you choose, the IFSC for incoming credits remains SBIN0051407.
Banking services available
The Erode branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 424-2224027.
- Savings, current and salary accounts
- Fixed deposits and recurring deposits
- Personal, vehicle and home loans
- Demat and investment products (where supported)
- Internet banking and mobile banking enrolment
- Debit and credit card issuance
- Locker facilities (subject to availability)
- Foreign exchange services (at authorised branches)
- Bill payments, demand drafts and pay orders
- NEFT / RTGS / IMPS / UPI fund transfers using IFSC SBIN0051407
Online banking and IFSC SBIN0051407
State Bank of India customers can register for net banking and the bank's official mobile app once their account at the ERODE branch is active. Net banking lets you view balances, download statements, open fixed deposits, request cheque books and initiate NEFT/RTGS/IMPS transfers — all without setting foot in the branch. The IFSC SBIN0051407 is pre-filled by the bank for transfers originating from your own account, and you only need to enter it manually when adding an external beneficiary or sharing your account details with a third party.
Reaching the branch
The Erode branch sits at NO 5 PALANIAPPA STREET NEAR KMCH SPECIALITY HOSPITAL ERODE 638009. If you are travelling from outside Erode, search for the branch on a maps application using the bank name and locality, or call 424-2224027 to ask for landmarks. Many customers find it easier to skip the trip altogether: net banking, mobile apps, NEFT, RTGS, IMPS and UPI all work using the IFSC SBIN0051407 and your account number.
Common mistakes to avoid when using IFSC SBIN0051407
An incorrect IFSC almost always results in a failed transfer or, worse, a credit to the wrong branch. Before you click Confirm on a transfer to State Bank of India – ERODE, double-check for these issues:
- Confusing 0 with O. The fifth character of every IFSC is the digit
0, not the letter O. Read carefully. - Spaces or hyphens. Do not put spaces in the IFSC. It is exactly 11 characters:
SBIN0051407. - Wrong branch. A bank can have dozens of branches in the same city. Make sure you are using the IFSC for the actual branch where the beneficiary holds the account, not just any nearby branch.
- Old IFSC after a merger. If two banks have merged, the IFSC may have been reissued. Always verify with a recent passbook or cheque leaf.
- Copy-paste from chat. Auto-correct on phones can silently change letters in IFSC codes. Type carefully or copy from a trusted source like the cheque book.
Working hours
Branch counters at Erode are usually open from 10 AM to 4 PM on weekdays. Saturdays follow the RBI's alternate-Saturday rule. Even when the branch is closed, NEFT, RTGS, IMPS and UPI transfers addressed to SBIN0051407 continue to work without interruption.
Other ways to verify the IFSC code
While this page already lists the verified IFSC SBIN0051407 for State Bank of India – ERODE, you can cross-check the code from any of these sources before initiating a high-value transfer:
- The front of the cheque book issued by the branch – the IFSC is printed at the top of every leaf.
- The first page of your passbook.
- The bank's official website under the branch locator.
- The Reserve Bank of India's IFSC search portal.
- Net banking dashboards usually display the home-branch IFSC under account details.
Branch address & contact
State Bank of IndiaErode Branch
NO 5 PALANIAPPA STREET NEAR KMCH SPECIALITY HOSPITAL ERODE 638009
Erode, Tamil Nadu
Phone: 424-2224027
IFSC: SBIN0051407
Frequently asked questions
Can I use IFSC SBIN0051407 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC SBIN0051407 to send funds instantly.
What is the phone number of State Bank of India Erode branch?
You can reach the branch at 424-2224027 during regular banking hours.
Where is State Bank of India Erode branch located?
State Bank of India's Erode branch is located at NO 5 PALANIAPPA STREET NEAR KMCH SPECIALITY HOSPITAL ERODE 638009, Erode, Tamil Nadu.
Is IFSC SBIN0051407 the same for all accounts at Erode branch?
Yes. The IFSC SBIN0051407 is shared by every account held at State Bank of India's Erode branch. Only the account number changes from customer to customer.
How quickly will an NEFT transfer using SBIN0051407 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to State Bank of India – Erode reflect within 30 minutes.
Does State Bank of India Erode branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on 424-2224027 to confirm.
What is the IFSC code of State Bank of India Erode branch?
The IFSC code of State Bank of India, Erode branch is SBIN0051407. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
How do I add State Bank of India Erode as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC SBIN0051407, and complete OTP verification. Once activated, you can transfer funds at any time.
Summary
The IFSC code SBIN0051407 belongs to State Bank of India's ERODE branch, located at NO 5 PALANIAPPA STREET NEAR KMCH SPECIALITY HOSPITAL ERODE 638009 in ERODE, TAMIL NADU. Use this code along with the beneficiary's account number for any NEFT, RTGS or IMPS transfer to this branch. Bookmark this page for quick reference whenever you need the branch's banking details.
