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State Bank of India — PARASSALA

IFSC Code: SBIN0070037Active
Data sourced from RBI. Last updated: August 2026

The State Bank of India Parassala branch in Thiruvananthapuram, Parassala, Kerala has the IFSC code SBIN0070037. Customers making an electronic fund transfer to an account associated with this branch may need to provide this correct IFSC code.

Branch Details

Bank Name State Bank of India
IFSC Code SBIN0070037
MICR Code 695002888
Branch Name PARASSALA
Address PBNO1,AJITHABUILDINGS,PARASSALAPO695502PARASSALAATSBTCOIN
City / Centre Thiruvananthapuram
District Parassala
State Kerala
Contact Number 2202039

Supported Services

NEFT Enabled
RTGS Enabled
IMPS Enabled
UPI Enabled
Note: Service statuses are indicators based on general bank activity. For official verification, please check the RBI NEFT Directory, RBI RTGS Directory, NPCI IMPS Members, and NPCI UPI Members lists. Verify details with your bank before large transactions.

Location

PBNO1,AJITHABUILDINGS,PARASSALAPO695502PARASSALAATSBTCOIN, Thiruvananthapuram, Kerala

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Working Hours

ClosedOpens at 10:00 AM
  • Working Days: Mon-Sat (Except 2nd/4th Sat)
  • Standard Hours: 10:00 AM - 4:00 PM

* Status is calculated based on RBI National and State-wise holiday matrices. Please verify with your local branch as exceptional local holidays may apply.

Customer Support

For account-related queries, please contact the bank's official customer care:

Toll-Free: 1800 1234Toll-Free: 1800 11 2211Branch: 2202039 (Needs STD Code)Visit Official Website

Transfer Safety Checklist

Before initiating a high-value NEFT/RTGS transfer, please verify:

About SBIN0070037 IFSC Code

The IFSC code SBIN0070037 belongs to State Bank of India's PARASSALA branch. The first 4 characters 'SBIN' identify State Bank of India, the 5th character '0' is reserved for future use, and the last 6 characters '070037' uniquely identify this particular branch.

This IFSC code is used for electronic fund transfers including NEFT (National Electronic Funds Transfer), RTGS (Real Time Gross Settlement), and IMPS (Immediate Payment Service). You can also use this code for UPI transactions through any UPI-enabled app.

Frequently Asked Questions

The IFSC code of State Bank of India PARASSALA branch is SBIN0070037. This code is used for NEFT, RTGS, IMPS, and UPI transactions.

State Bank of India PARASSALA branch is located in Thiruvananthapuram, Parassala district, Kerala. Address: PBNO1,AJITHABUILDINGS,PARASSALAPO695502PARASSALAATSBTCOIN

Yes, this branch is currently active and NEFT-enabled as per the latest RBI data.

The MICR code of State Bank of India PARASSALA branch is 695002888.

Banking Terms Glossary

What is an IFSC Code?

Indian Financial System Code (IFSC) is an 11-digit alphanumeric code that uniquely identifies a bank branch participating in any RBI regulated funds transfer system. It is mandatory for electronic payment applications like NEFT, RTGS, and IMPS.

What is a MICR Code?

Magnetic Ink Character Recognition (MICR) is a 9-digit code printed on cheque books. It facilitates the processing and clearance of cheques and helps prevent fraud. The first 3 digits represent the city, the next 3 represent the bank, and the last 3 represent the branch.

What is NEFT?

National Electronic Funds Transfer (NEFT) is a nationwide payment system facilitating one-to-one funds transfer. Under this scheme, individuals can electronically transfer funds from any bank branch to any individual having an account with any other bank branch in the country participating in the Scheme.

What is RTGS?

Real Time Gross Settlement (RTGS) is a system where there is continuous and real-time settlement of fund-transfers, individually on a transaction by transaction basis. It is primarily meant for large value transactions. The minimum amount to be remitted through RTGS is ₹2,00,000.

What is IMPS?

Immediate Payment Service (IMPS) is an instant payment inter-bank electronic funds transfer system in India. IMPS offers an inter-bank electronic fund transfer service through mobile phones and internet banking, available 24x7 throughout the year including bank holidays.

What is UPI?

Unified Payments Interface (UPI) is a system that powers multiple bank accounts into a single mobile application (of any participating bank), merging several banking features, seamless fund routing & merchant payments into one hood. It also caters to the 'Peer to Peer' collect request.

Other State Bank of India Branches in Thiruvananthapuram

View all branches in Thiruvananthapuram →

Location

PBNO1,AJITHABUILDINGS,PARASSALAPO695502PARASSALAATSBTCOIN, Thiruvananthapuram, Kerala

Open in Google Maps

Working Hours

ClosedOpens at 10:00 AM
  • Working Days: Mon-Sat (Except 2nd/4th Sat)
  • Standard Hours: 10:00 AM - 4:00 PM

* Status is calculated based on RBI National and State-wise holiday matrices. Please verify with your local branch as exceptional local holidays may apply.

Customer Support

For account-related queries, please contact the bank's official customer care:

Toll-Free: 1800 1234Toll-Free: 1800 11 2211Branch: 2202039 (Needs STD Code)Visit Official Website