Branch Details — SBIN0016549

Bank NameState Bank of India
Branch NamePalani TOWN
IFSC CodeSBIN0016549
MICR Code624002120
Bank Code (RBI)SBIN
Branch Code016549
Address138, DINDIGUL ROAD, LAKSHMIPURAM, PALANI, DIST DINDIGUL, TAMIL NADU624 601.
CityDindigul
DistrictPalani
StateTamil Nadu
Toll Free1800-11-2211
NEFT✓ Enabled — 24×7
RTGS✓ Enabled — 24×7
IMPS✓ Enabled — 24×7
UPI✓ Enabled

Transfer Methods Using SBIN0016549

NEFT

Available 24×7 including holidays. Settled in 30-minute batches. No minimum. Use IFSC SBIN0016549.

RTGS

Available 24×7. Minimum ₹2 lakh. Real-time gross settlement. Use IFSC SBIN0016549.

IMPS

Instant 24×7, 365 days. Up to ₹5 lakh per transaction.

Frequently Asked Questions

The IFSC code is SBIN0016549. This 11-character RBI-assigned code is required for NEFT, RTGS and IMPS transfers to accounts at State Bank of India Palani TOWN branch, Dindigul, Tamil Nadu.
The MICR code is 624002120. It is a 9-digit code printed at the bottom of cheques, used only for cheque clearing.
Address: 138, DINDIGUL ROAD, LAKSHMIPURAM, PALANI, DIST DINDIGUL, TAMIL NADU624 601.. Branch timings: Monday–Friday 9:30 AM – 3:30 PM, Saturday 9:30 AM – 1:30 PM (closed 2nd/4th Saturdays).
SBIN identifies State Bank of India. The 5th character 0 is reserved by RBI. The last 6 characters 016549 identify the Palani TOWN branch.
Yes. State Bank of India Palani TOWN Branch (IFSC: SBIN0016549) is fully enabled for NEFT, RTGS, IMPS, UPI, available 24×7 including weekends and holidays.
Log in to your bank's net banking or mobile app → Fund Transfer → Add Beneficiary → enter account number and IFSC SBIN0016549 → select NEFT/RTGS/IMPS → confirm with OTP.