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Bank Details for MICR: 638007002

Bank NameState Bank Of Patiala
Branch Name Erode
Branch Code 001407
IFSC Code STBP0001407
MICR Code 638007002
Bank Address No 5 Palaniappa Street Near Kmch Speciality Hospital Erode 638009
State Name Tamil Nadu
City / Area Erode
District Name Erode
Contact Details2224027

MICR code - 638007002 of bank Erode Erode Tamil Nadu India State Bank Of Patiala is use to do any online transaction like NEFT, RTGS, ECS Transactions.

IFSC Code - STBP0001407 of bank State Bank Of Patiala and MICR code - 638007002 of bank State Bank Of Patiala is use to do any online transaction or transaction related to the Erode branch of State Bank Of Patiala Erode Tamil Nadu. an Invalid use ifsc code or micr code will lead to failur of the transaction.

Map Location for 638007002

MICR Code: Magnetic Ink Character Recognition MICR CODE is printed on cheque book to facilitate the Process of cheques.

National Electronic Funds Transfer (NEFT) is a nation-wide system that facilitates individuals, firms and corporates to electronically transfer funds from any bank branch to any individual, firm or corporate having an account with any other bank branch in the country. NEFT transfers are also referred as e-cheques as the funds are not transferred in real-time and the funds are settled in batches.

'RTGS' stands for Real Time Gross Settlement, which can be defined as the continuous (real-time) settlement of funds transfers individually on an order by order basis (without netting). You need the IFSC Code to identify the Branch for which you will want to transfer funds using RTGS. Note all branches don't have IFSC Codes.

'IMPS' is Immediate Payment Service and it is commonly known as Interbank Mobile Payment Service. IMPS uses IFSC codes to offer a number of fund transfer services instantly in a round the clock environment. National Payments Corporation of India (NPCI), which is an organization that regulates the retail payments in India, has provided this facility.