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SBIN0016316 - STATE BANK OF INDIA
SBIN0016316

STATE BANK OF INDIA

NERKUNDRAM Branch • Chennai • Tamil Nadu

Verified NEFT/RTGS/IMPS

How to Use This IFSC Code

NEFT

Up to ₹10 lakh, 2-3 hour settlement

RTGS

₹2 lakh and above, instant settlement

IMPS

24/7 instant transfers up to ₹5 lakh

Bank Branch Details

IFSC Code
SBIN0016316
Bank Name

STATE BANK OF INDIA

Branch Name

NERKUNDRAM

City

Chennai

State

Tamil Nadu

Branch Address

96, MURUGAN SULOKCHANA STREET, G G NAGAR ANNEX,NERKUNDRAM, CHENNAI,TAMIL NADU600 107

IFSC Code Breakdown

Bank Code SBIN
Check Digit 0
Branch Code 016316

Frequently Asked Questions

What is SBIN0016316 used for?

This IFSC code is used for electronic fund transfers (NEFT, RTGS, IMPS) to STATE BANK OF INDIA NERKUNDRAM branch.

Is SBIN0016316 valid for online transfers?

Yes, this IFSC code is valid for all types of online transfers including UPI, net banking, and mobile banking.

What are the transfer limits for this branch?

NEFT: up to ₹10 lakh (usually). RTGS: Minimum ₹2 lakh. IMPS: Up to ₹5 lakh per day (standard limit).