If you are searching for the IFSC code of State Bank of India, SOLUR branch in VELLORE, TAMIL NADU, this page has every detail you need. The verified IFSC code for this branch is SBIN0020403. You can use it for NEFT, RTGS and IMPS fund transfers, online banking add-payee actions, UPI mandates and any other electronic payment request that asks for an Indian Financial System Code. The information on this page is curated specifically for customers, remitters, employers and businesses who need to credit funds to an account maintained at this branch, and it is structured so you can find what you need within a few seconds of landing here.
You will see the complete branch address, the area STD code and phone number, the city and state, the day-to-day banking services that are typically offered at the SOLUR branch, and detailed step-by-step guides for using the IFSC SBIN0020403 across NEFT, RTGS and IMPS rails. A frequently-asked-questions section at the end answers the most common queries we receive about this particular branch.
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 – SOLUR is SBIN0020403. The first four letters SBIN are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters 020403 map to this branch in VELLORE, TAMIL NADU.
Branch details at a glance
| Bank Name | State Bank of India |
|---|---|
| Branch | Solur |
| IFSC Code | SBIN0020403 |
| MICR Code | Refer to cheque leaf |
| Branch Address | 7YPASSROADAMBUR6358VANIAMADITQNORTHARCOTDIS |
| City | Vellore |
| District | Vellore |
| State | Tamil Nadu |
| STD Code | 4174 |
| Phone | 242602 |
About the bank
State Bank of India serves retail and corporate customers with a full range of deposit, lending, payments and digital banking products. Its Solur branch in Vellore, Tamil Nadu is part of this network and uses the IFSC code SBIN0020403 for all electronic settlement.
Solur branch overview
Located at 7YPASSROADAMBUR6358VANIAMADITQNORTHARCOTDIS, the Solur branch handles regular banking operations such as account opening, fixed and recurring deposits, locker facilities, loans, and trade finance services where applicable. The IFSC SBIN0020403 is required for all interbank electronic transfers routed through this branch.
The role of IFSC in India's payments network
India's electronic payment infrastructure — NEFT, RTGS, IMPS, UPI and the National Automated Clearing House (NACH) — is built on a single principle: every participating bank branch must be uniquely identifiable by an alphanumeric code. The Reserve Bank of India introduced the IFSC system to fulfil this requirement, and that is how State Bank of India's SOLUR branch came to be assigned the code SBIN0020403.
Whether you are receiving a salary on the first of the month, paying a vendor invoice, settling an EMI, or accepting a refund from an e-commerce platform, the IFSC is the silent piece of metadata that tells the network where your account lives. Without IFSC SBIN0020403, money simply cannot be routed to the SOLUR branch electronically.
How to transfer money using IFSC SBIN0020403
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 SBIN0020403 across all three.
NEFT to State Bank of India, SOLUR using IFSC SBIN0020403
National Electronic Funds Transfer is the simplest way to move money into an account at this branch. NEFT works around the clock, including Sundays and public holidays, and settles in half-hourly batches.
To send funds, add the recipient as a beneficiary in your bank's online portal, key in the account number, paste the IFSC SBIN0020403, and confirm that the system picks up State Bank of India – SOLUR. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
RTGS transfers via IFSC SBIN0020403
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 – SOLUR, ensure your bank's portal accepts IFSC SBIN0020403 while registering the beneficiary. RTGS is also available 24x7.
IMPS to State Bank of India SOLUR (IFSC SBIN0020403)
IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC SBIN0020403 in your mobile or internet banking app, and the money is credited to the SOLUR branch account within seconds.
Comparing NEFT, RTGS and IMPS for transfers to Solur
The right transfer rail depends on how urgent the payment is, how large it is, and whether the receiving bank participates in the chosen scheme. Every option below works with the IFSC SBIN0020403:
- NEFT — best for everyday transfers of any amount; settles in half-hourly batches around the clock.
- RTGS — best for transfers of ₹2 lakh and above; settles each transaction individually in real time.
- IMPS — best when speed matters more than batch scheduling; instant credit up to ₹5 lakh.
- UPI — best for small peer-to-peer payments using a VPA; the underlying account at SOLUR is still linked to IFSC SBIN0020403.
For salary credits, vendor payouts and refunds, employers and merchants usually default to NEFT because of its zero per-transaction cost for retail customers and its 24x7 availability.
UPI payments and IFSC SBIN0020403
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 – SOLUR is still mapped to IFSC SBIN0020403. 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 SBIN0020403 and the beneficiary's account number to complete the transfer.
Products and account variants supported
Every account opened at the Solur branch is mapped to IFSC SBIN0020403 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 SBIN0020403.
Banking services available
The Solur branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 4174-242602.
- 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 SBIN0020403
MICR & cheque-truncation details
Cheques drawn on the Solur branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC SBIN0020403 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.
Online banking and IFSC SBIN0020403
State Bank of India customers can register for net banking and the bank's official mobile app once their account at the SOLUR 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 SBIN0020403 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.
Common mistakes to avoid when using IFSC SBIN0020403
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 – SOLUR, 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:
SBIN0020403. - 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.
Reaching the branch
The Solur branch sits at 7YPASSROADAMBUR6358VANIAMADITQNORTHARCOTDIS. If you are travelling from outside Vellore, search for the branch on a maps application using the bank name and locality, or call 4174-242602 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 SBIN0020403 and your account number.
Verifying IFSC SBIN0020403 from official sources
The IFSC listed on this page is sourced from the RBI's master list and validated against the bank's branch directory. To double-check before transferring large sums, you can also confirm SBIN0020403 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on 4174-242602.
- Visiting the bank's official branch locator page.
Working hours
Branch counters at Solur 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 SBIN0020403 continue to work without interruption.
Branch address & contact
State Bank of IndiaSolur Branch
7YPASSROADAMBUR6358VANIAMADITQNORTHARCOTDIS
Vellore, Tamil Nadu
Phone: 4174-242602
IFSC: SBIN0020403
Frequently asked questions
What is the difference between IFSC and MICR code?
IFSC is an 11-character alphanumeric code used for online transfers, while MICR is a 9-digit numeric code printed on cheques and used by cheque-clearing machines. Both identify the Solur branch but serve different purposes.
Is IFSC SBIN0020403 valid for NEFT and RTGS?
Yes. IFSC SBIN0020403 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
Where is State Bank of India Solur branch located?
State Bank of India's Solur branch is located at 7YPASSROADAMBUR6358VANIAMADITQNORTHARCOTDIS, Vellore, Tamil Nadu.
What is the IFSC code of State Bank of India Solur branch?
The IFSC code of State Bank of India, Solur branch is SBIN0020403. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
How quickly will an NEFT transfer using SBIN0020403 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to State Bank of India – Solur reflect within 30 minutes.
Is IFSC SBIN0020403 the same for all accounts at Solur branch?
Yes. The IFSC SBIN0020403 is shared by every account held at State Bank of India's Solur branch. Only the account number changes from customer to customer.
Final notes
To recap: SBIN0020403 is the IFSC code of State Bank of India, SOLUR branch, in VELLORE, TAMIL NADU. It is required for every electronic transfer to an account held at this branch. We keep this page updated with the latest address and contact details, so you can rely on the information here for your day-to-day banking needs.
