IFSC Code of State Bank Of India, Andhra Pradesh, Khammam, Rotary Nagar

SBIN0020866

State Bank Of India

State Bank Of India

IFSC Code

SBIN0020866
MICR Code

507002015
Bank Name State Bank Of India
District Khammam
State Andhra Pradesh
Address Adno7dno51191oppdistictcoutyaoadkhammam
Phone +918742254265

UPI

Available

NEFT

Available

RTGS

Available

IMPS

Available

IFSC Code of the State Bank Of India Branch Near You

List of all State Bank Of India Branch IFSC Code

A Kodur

SBIN0008796

VIA NANDYAL, DT KURNOOL, A P 518502
Amc Khammam

SBIN0020947

LGKDBNCH72286VJCOPLXOPPCSCHUCHKH
AswaPuram

SBIN0020566

SPRDSK
Aswaraopet

SBIN0020953

O1091EARPOLICESTATIOASWARAOPETAKAMMAMDISTRICT
Bhadrachalam

SBIN0010685

SSRD COMPLEX, KHAMMAM T , A P 507111
Bhadrachalam

SBIN0020163

DCLDTCT
Bonakal

SBIN0021189

EODOOFFICEBONKLKHMMMDIS
Bonakal

SBIN0013323

H.NO.931 AND 931 BY 1,OPP.BUS STAND,BONAKAL507 204
Burgamphad

SBIN0020168

N6591PPPLICESTATINBURGAMPAADKAMMAM
Chandrugonda

SBIN0021386

O253MAIROADCADRUGODEDISTKAMMAM
Chinakorukondi - Kalluru

SBIN0021915

N5MAINRADCHINAKRUKNDI
Dammapet

SBIN0020831

4OPPMROOFFICEDAMMAPETMANDALSATHUPALLYBLOKHAMMAMDT
Edulla Bayyaram

SBIN0020611

INGNLPINPKISTKH
Enkur

SBIN0021222

N180KTAGUDEMRDENKURUKAMMAMDIST
Gandhampalli

SBIN0020554

NL ISK
Gandhi Chowk

SBIN0020324

ADICOWKKAMMAM
Garla

SBIN0020337

L Q SRC
Heavy Water Plant

SBIN0020960

OTAWAURAMKHAMMAMDITKHAMMAM
Hirekotnekal

SBIN0021574

DNO1 66 2 MAIN ROAD KAREPALLY MANDALGANDHINAGAR KOMATLAGUDEM KHAMMAM DIST ANDHRA PRADESH
Julurupadu

SBIN0021190

31VENKGANAPALEMJULURUPADUJULURUPADUKHAMMAMDIST
Kachinapalle

SBIN0020709

UDLMDLKHMMMDIST
Kallur

SBIN0020989

AU
Kamepally

SBIN0020610

AAUEAAKAEPAYISRICKHAABRACHSIUAEAAAUE
Karepalli

SBIN0020556

QEDDSH
Khammam

SBIN0005817

P.B.NO.9,WYRA ROAD,KHAMMAM,ANDHRA PRADESH,PIN 507001
KhanaPuram Haveli

SBIN0021591

HNO 8 2 72 1 BALAJI NAGAROPP APSEB SUB STATION KHAMMAM
Kinnerasani

SBIN0020586

OSDATPALAVONCAKAMMAMDISTRICT
Konijerla

SBIN0021512

HNO 3 12 PRODDUTUR ROADKONIJERLAKHAMMAM DIST ANDHRA PRADESH
Kothagudem

SBIN0020160

ODOHUDHDIS
Kothagudem

SBIN0011085

DIST KHAMMAM,A P
Kusumanchi

SBIN0020674

RKSHLSRKH
Lakshmidevipally

SBIN0021662

H NO 5 36 BESIDE SRIVISWASAI AUTOMOBILES LAKSHMIDEVIPALLY
LaxmiNagaram

SBIN0020695

UUNLSRH
Madhira

SBIN0020164

HRKHSTRCT
Main Br

SBIN0020161

UIPU7HDIT
Manuguru

SBIN0020514

UUUH DS
Mudigonda

SBIN0021628

RTAHSILOFFICEMUDIGODAKHAMMAMDIST
MukundaPuram

SBIN0008505

VI KAREPALLI, YELLANDU MANDAL. DISTT. KHAMMAM, A.P. 507122
Mulakalapalli Branch

SBIN0021521

HNO 3 4113 412 DAMMAPET ROAD MULAKALAPALLIKHAMMAM DISTRICT ANDHRA PRADESH
MustafaNagar Khammam

SBIN0021729

PLOT NO 105 BONAKAL ROAD NANDAMAIAH RESIDENCY KHAMMAM
Nayakangudem

SBIN0008504

KHAMMAM, A P 507157
Nelakondapalle

SBIN0020247

NOHIS
Nri Branch Khammam

SBIN0016088

PLOT NO 1314,KONA PLAZA,BY PASS ROAD,KHAMMAM, DIST. KHAMMAM, ANDHRA PRADESH507002
Nst Road Khammam

SBIN0021710

63223GMRCOMPLEXGMRCOMPLEXKHANAPURAMHAVELIKHAMMAM
P And S Branch Khammam

SBIN0020929

E BN
Palvancha

SBIN0020165

AOCAAADISTRICT
Po Itda Bhadrachalam

SBIN0020954

TACOMPLEXBHARACHALAMSTKHAMMAM
Post Office Branch

SBIN0020905

2OPPPRAKASHAMSTADIUMPOTTURICOMPLEXKOTHAGUDEM
Pv Colony Manuguru

SBIN0021816

HPN5UPERBAZARHPPINGCMPLEXINGARENIREIDENTIALAREAPVCLNYMANUGURU
Rajeshwara Puram

SBIN0020415

6MAINROADRAJESWARAPURAMKHAMMAMVIANELAKONDPLY
Rekhapalli

SBIN0020680

L UES OI
Rotary Nagar (khammam)

SBIN0012906

B G COMPLEX,ROTARY NAGAR SRINAGAR COLONY,KHAMMAM
RudramPur

SBIN0020942

T CUA 1O D OST
Sarapaka

SBIN0021370

O 5 O P QL
Sarapaka

SBIN0006113

SAARAPAKA,DISTT. KHAMMAM, ANDHRA PRADESH 507 128
Sathupalli

SBIN0020293

ANROADSATHUPALLKHAADSTRCT
Sattupally Adb

SBIN0020370

DSRSUPYND
SatyanarayanaPuram

SBIN0021664

STNNUCLNDLKDIST
SatyanarayanaPuram

SBIN0020584

U UUDS H
Sil Paloncha

SBIN0020938

OHGDM
SiriPuram

SBIN0020589

N1854NEARVERBRIDGEWYRARADMADIRAKAMMAMDISTRICT
Sme Branch Khammam

SBIN0020925

STATE BANK OF HYDERABADWYRA ROADSIB BRANCH KHAMMAN ANDHRA PRADESH
Sudimalla

SBIN0020414

EADKAADISTRICT
SujathaNagarkothagudem

SBIN0021835

N64MAINRASUJATHANAGAR
Tallada

SBIN0020796

N7295KAMMAMDTANDRAPRADES
Tekulaboru

SBIN0008795

KUNAVARAM, DT KHAMMAM, AP 507121
Tekulapally

SBIN0021320

O124TEKULAPALLYTEKULAPALLYKAMMAMDIST
Thotaplly

SBIN0008503

BHADRACHALAM MANDAL, DT KHAMMAM, A P 507134
Treasury Khammam

SBIN0020950

OO OPK
VenkataPuram

SBIN0020166

H DSR
Vm Banjara

SBIN0020678

EUAYOSTDISTKHAMMAM
Wazeedu

SBIN0021817

LUULSSMFFCWAZU
Wyra

SBIN0020167

H DSR
Yellandu

SBIN0020162

EDFO5SDSC
Yerrampet

SBIN0020693

AUHNRMANDABRANHAHNRDKHAMMAM
Yerrupalem

SBIN0021627

N248SIVALAYAMSTYERRUPALEMKAMMAMDIST
Zilla Parishad

SBIN0020780

YAOADKHAMMAM

What is an IFSC Code?

The Indian Financial System Code (IFSC) is an 11-character alphanumeric code issued by the Reserve Bank of India to every bank branch in India. This code is used to uniquely identify each branch and facilitates easy electronic payments. In the Indian banking system, the IFSC code is essential for smooth electronic transactions like NEFT, RTGS, and IMPS. Each IFSC code is specifically assigned to a branch, making it easily identifiable and ensuring every transaction is executed perfectly.

IFSC Code Structure

The IFSC code is an 11-character code that follows the structure below:

  • First Four Characters: Alphabets indicating the bank's name. In "BANK0123456," "BANK" signifies the bank.
  • Fifth Character: This is always '0' (zero), reserved for future use to ensure flexibility.
  • Last Six Characters: Either alphabets or numbers characterizing the specific branch of the bank.

Example: In the IFSC code "SBIN0016654," "SBIN" identifies the bank, and "016654" identifies the branch. This unique format makes every branch easily identifiable.

How to Obtain the IFSC Code

Finding an IFSC code is easy. Here are a few methods:

  • Cheque Book: Look at the upper-left section of the cheque leaves issued by the bank for your IFSC code.
  • Bank Passbook: The IFSC code is also provided on the first page of the bank passbook given when you open an account.
  • Official Website of the Bank: Nearly all banks offer an online search facility where you can find the IFSC code of their branches.
  • Online Banking Portals: Within online banking services, you can find the IFSC code for your branch or any other.
  • Mobile Banking Apps: Most banking apps have an option for branch details, where you can check the IFSC code.
  • RBI Website: The Reserve Bank of India maintains a comprehensive list of all banks and their branches with their respective IFSC codes.
  • Third-Party Websites: Some third-party websites that offer fund transfer services provide the IFSC code based on the bank and branch name.

Why is the IFSC Code Important in Fund Transfers?

The IFSC code is crucial for various electronic fund transfers. Here’s how it is used in different payment systems:

  • NEFT (National Electronic Funds Transfer): IFSC Codes facilitate the transfer of funds from one bank account to another in India, ensuring transactions are forwarded to the right bank and branch smoothly and without mistakes.
  • RTGS (Real-Time Gross Settlement): For high-value transactions, the IFSC code ensures secure and instant monetary transfers through real-time gross settlement.
  • IMPS (Immediate Payment Service): The IFSC code enables instant fund transfers, especially between different banks. IMPS operates 24/7, and the IFSC code ensures the transaction is directed to the correct branch instantly.
  • Error Prevention: Using the correct IFSC code reduces the chance of remitting money to the wrong account due to an incorrectly entered IFSC code. It acts as a control checkpoint to ensure the transaction is being sent to the intended recipient's bank branch.

What is the Use of an IFSC Code?

The IFSC code has numerous uses within the banking system:

  • Enable Electronic Transfers: IFSC codes are essential for electronic transactions such as NEFT, RTGS, and IMPS. No transaction can be made without this code.
  • Unique Identification of Bank Branch: Every IFSC code uniquely identifies a particular bank branch to ensure transactions reach the right destination.
  • Ensures Risk-Free Transactions: The IFSC code ensures that money reaches the correct bank and branch, eliminating errors in the transaction process.
  • Enables Online Banking: IFSC codes are crucial when adding a new beneficiary in online banking systems, ensuring the correct routing of funds.

Importance of Loan and Interest Calculator

Calculators are indispensable tools for financial planning, helping users make informed decisions. Here are some of the most commonly used types:

Loan Calculators

  • Loan Calculator Vehicle: Helps determine monthly payments for vehicle loans.
  • Loan Calculator 30 Year: Calculates monthly payments for a 30-year loan term.
  • Loan Calculator Yearly Payment: Provides an annual breakdown of loan payments.
  • Loan Calculator VA: Tailored for VA loans, assisting veterans in calculating their mortgage payments.

EMI Calculators

  • EMI Calculator for Home Loan: Calculates the Equated Monthly Installment (EMI) for home loans.
  • EMI Calculator US: Designed for users in the US to compute their home loan EMIs.
  • EMI Calculator on Home Loan: Another tool for calculating home loan EMIs, ensuring accurate monthly payment estimates.

Interest Calculators

  • Interest calculator yearly: Calculates the annual interest on loans or investments.

SIP Calculators

  • SIP Calculator India: Designed for Indian investors to calculate returns on Systematic Investment Plans (SIPs).
  • SIP Calculator Return: Estimates the returns on SIP investments.
  • SIP Calculator Mutual Fund: Calculates potential returns from mutual fund SIPs.
  • SIP Calculator Months: Provides monthly breakdowns of SIP investments.
  • SIP Calculator Online: An online tool for calculating SIP returns.
  • SIP Calculator Yearly: Offers yearly projections of SIP returns.

PPF Calculators

  • PPF Calculator India: Calculates returns on Public Provident Fund (PPF) investments in India.
  • PPF Generator: Generates detailed reports on PPF investments.
  • PPF Calculator 15 years: Estimates returns over a 15-year period.
  • PPF Calculator 30 years: Projects returns over a 30-year period

Conclusion

The IFSC code is a vital part of the Indian banking world, ensuring safe and easy online fund transfers. Whether you are doing NEFT, RTGS, or IMPS, the IFSC code ensures that your money reaches its intended destination. It is also significant in handling cheques, where the MICR code plays an important role. Together, these codes are crucial in enabling the smooth operation of banking transactions. Understanding their importance and correct use is indispensable for anyone dealing with electronic transactions in India.

Frequently Asked Questions

The IFSC code ensures the correct routing of electronic fund transfers to the concerned bank's particular branch, reducing errors and making transactions secure.

The IFSC code can be found on the bank's checkbook, passbook, official website, RBI website, or mobile banking application.

No, different branches of every bank have different IFSC codes to identify each branch correctly for internet-based transactions.

If you enter the wrong IFSC code while transferring funds, the transaction may be declined or sent to the wrong bank. Immediately contact your bank to rectify the issue.

The IFSC code comprises 11 characters: the first four characters represent the bank, the fifth is '0', and the remaining six describe the specific branch.

No, the IFSC code is designed for domestic electronic fund transfers in India. International transactions are made using SWIFT codes.

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