Select Branch for State Bank Of India in Medak, Andhra Pradesh

Choose a branch to view IFSC code and details

Branch
Adb NarsaPur

SBIN0004720

DIST MEDAK, ANDHRA PRADESH 502313
Branch
Adb Toopran

SBIN0006649

MAIN ROAD, T MEDAK, ANDHRA PRADESH 502334
Branch
Afa Township Dundigal

SBIN0002687

HYDERABAD, DISTT. MEDAK, ANDHRA PRADESH 500 043
Branch
Alladurg

SBIN0005650

DIST MEDAK, A P 502269
Branch
AshokNagar

SBIN0018640

KANUKUNTA,ASHOKNAGAR,RCPURAM MANADAL, DISTT.MEDAK. ANDHRA PRADESH-502032
Branch
Burugupally Fi

SBIN0021550

HNO2 92 S BURUGUPALYY VILLAGEMEDAK MANDAL MEDAK DISTRICT ANDHRA PRADESH
Branch
Cheekode Financial Inclusion Br

SBIN0021551

DWACRA BUILDINGCHEEKODE VILLAGE DUBBAK MANDALMEDAK DISTRICT ANDHRA PRADESH
Branch
Chegunta

SBIN0004722

CHEGUNTA
Branch
Devnur

SBIN0006633

REGODE MANDAL, DT MEDAK, A P 502269
Branch
Digwal

SBIN0006634

MEDAK, ANDHRA PRADESH 502321
Branch
Dubbak

SBIN0020275

UEISTIT
Branch
Eddumailaram

SBIN0020537

GREYTQMEKIT
Branch
Gajwel

SBIN0020102

EA SR
Branch
Gajwel Adb

SBIN0006221

DISTMEDAK ANDHRA PRADESH 502278
Branch
Gummadidala

SBIN0006629

DIST MEDAK, ANDHRA PRADESH 502313
Branch
Hatnoora

SBIN0020675

U SPUS EK
Branch
Hyderabad Roadsiddipet

SBIN0017194

PLOT 90 109NO1305 GP PRASANTH NAGAR HYDERABAD ROADSIDDIPETDISTTMEDAKANDHRA PRADESH502103
Branch
Icrisat

SBIN0020106

AAEUEASEA
Branch
Iit Kandi

SBIN0014182

NH 7 KANDI VILLAGE,SANGAREDDY MANDAL,MEDAK DISTRICT,ANDHRA PRADESH 502285
Branch
Ismailkhanpet

SBIN0020625

L GYII K
Branch
JagdevPur

SBIN0004698

DIST MEDAK, A P 502281
Branch
Jogipet

SBIN0020097

NOITQMEKISTRICT
Branch
Jogipet

SBIN0003729

NO.9 BY 60 BHAGATH SINGH ROAD, NAMDEV RAO TANDLE BLDG., DISTT. MEDAK 502270
Branch
Kakatiya Nagar Branch

SBIN0015918

PLOT NO 58, ROAD NO 2, KAKATIYA NAGAR, RAMACHANDRAPURAM, MEDAK DIST ANDHRA PRADESH 502032
Branch
Kalher Vb

SBIN0005651

KALHER MANDAL, DISTT MEDAK, A P 502371
Branch
Kallakal

SBIN0021262

N4951N7KALLAKALVILLAGETPRANMANDALMEDAKDIST
Branch
Kandi

SBIN0005648

8 88 BY 1, KANDI VILLAGE, T MEDAK, ANDHRA PRADESH 502285
Branch
Kodakondla

SBIN0020447

AWLTQMDAKDIST
Branch
Kohir

SBIN0020103

EA SR
Branch
Kollur

SBIN0014235

H.NO. 4-91, KOLLUR VILLAGE, RAMACHANDRAPURAM MANDAL, MEDAK DISTRICT, ANDHRA PRADESH - 502 032.
Branch
Kowdipally

SBIN0006630

MEDAK, ANDHRA PRADESH 502316
Branch
Lig Colony R C Puram

SBIN0021285

HLLIGCOLONYHLHOUSINGSOCITYRAMACHANDRAPURAMMDAKDIST
Branch
Manoor

SBIN0014155

SURVEY NO 123 E MANOOR VILLAGE,MANOOR MANDAL,MEDAK DISTRICT,A P 502286
Branch
Medak

SBIN0011985

CSITA,MEDAK DIOCESE,CSI,CATHEDRAL COMPUND,MEDAK 502110
Branch
Medak

SBIN0020098

9CMEDAKMAINROADMEDAK
Branch
Medak Adb

SBIN0020274

PUEAKTRT
Branch
Mittapally Financial Inclusion Br

SBIN0021552

HNO4 42 REDDY SANGAM BHAVANMITTAPALLY VILLAGESIDDIPET MANDAL MEDAK DISTRICT ANDHRA PRADESH
Branch
Mulugu

SBIN0007882

VIA PAMULAPARTHY POST, MULUGU MANDAL, T MEDAK, ANDHRA PRADESH 502279
Branch
Munipally

SBIN0009500

VIA KAMKOLE, T MEDAK, ANDHRA PRADESH 502345
Branch
Muthangi

SBIN0006153

MEDAK, ANDHRA PRADESH 502330
Branch
Narayankhed

SBIN0020104

AAAHDMADALMDADISTICT
Branch
Narayankhed Adb

SBIN0006675

DIST MEDAK, ANDHRA PRADESH 502286
Branch
NarsaPur

SBIN0020105

SPUTLUQMEDKDISTICT
Branch
Narsingi

SBIN0005649

CHEGUNTA MANDAL, T MEDAK, A P 502248
Branch
New Collectorate Complex

SBIN0021217

I8APHBPHASEIIAINROADOPPNEWCOLLECTORATECOPLEXPOTHIREDDYPALLISANAREDDYEDAKDIST
Branch
Nizampet

SBIN0006631

NARAYANKHED TALUQ, DISTT MEDAK, A P 502371
Branch
NizamPur

SBIN0006632

SADASHIVPET MANDAL, DISTT. MEDAK, ANDHRA PRADESH 502291
Branch
Nyalkal

SBIN0006524

NYALKAL MANDAL MEDAK DISTRICT ANDHRA PRADESH 502256
Branch
Pashmylaram

SBIN0021800

LTN287AHASE3INDUSTRIALARKASHAMYLARAM
Branch
PastaPur Zaheerabad

SBIN0021508

NEAR PASTAPUR X ROADRANJHOLE POST ZAHEERA BAD MANDALMEDAK DISTRICT ANDHRA PRADESH
Branch
Patancheru

SBIN0018788

SUSHEERAM COMPLEX, SRINAGAR COLONY, PATANCHERU, DIST.MEDAK, ANDHRA PRADESH-502319
Branch
RamachandraPuram RcPuram

SBIN0020075

HLTOWNSHIPRAMCHANDRAPURAMHYDRAAD
Branch
Ramayampet

SBIN0020504

AAAEEAS
Branch
Rangampet

SBIN0020508

GMPTTMPLSTTMDKDIST
Branch
Revenue Colony Branch

SBIN0015519

PLOT NO.5, BY PASS ROAD, SANGAREDDY, MEDAK DIST PIN 502 101
Branch
Sadashivpet

SBIN0020099

00NH9MAINROADSADASIVPETMEDAK
Branch
Sadasivpet Adb

SBIN0006620

DIST MEDAK, ANDHRA PRADESH -502291
Branch
Sangareddy

SBIN0020107

ANROADSANGAREDDYEDAKDSTRCTEDAK
Branch
Sangareddy

SBIN0003478

DIST MEDAK, ANDHRA PRADESH PIN 502001
Branch
Shankarampet

SBIN0020271

NOETQMEKISTRICT
Branch
Shankarampet

SBIN0006628

DISTMEDAK ANDHRA PRADESH 502248
Branch
Siddipet

SBIN0020100

RSFFICEMINURASIIETMEAK
Branch
Siddipet

SBIN0004723

MANGAMMA THOTA, NEAR MUNISIF COURT, SIDDIPET, MEDAK AP502 103
Branch
Siddipet Adb

SBIN0005881

NEAR OLD BUST STAND DISTT MEDAK ANDHRA PRADESH 502103
Branch
SirgaPur

SBIN0020445

AHRMANDAMDADIST
Branch
TellaPur

SBIN0013071

4 TH LANE VIDYUTH NAGAR,TELLAPUR,RAMACHANDRA PURAM MANDAL MEDAK DISTRICT
Branch
Thogutta

SBIN0021622

N1ANRADTGUTTAEDAKDST
Branch
Togurpalle

SBIN0015399

H.NO. 5 74, TOGURPALLE VILLAGE, KONDAPUR MANDAL,MEDAK DISTRICT, ANDHRA PRADESH 502 306
Branch
Vergal (wargal Vb)

SBIN0004821

VIA PAMULAPARTHY, T MEDAK, ANDHRA PRADESH 502279
Branch
Zaheerabad

SBIN0020101

ANROADBESDESTARHOTELZAHEERABADEDAK
Branch
Zaheerabad

SBIN0007951

MEDAK DT A P PIN 502220

What are State Bank Of India IFSC Codes?

The Indian Financial System Code, commonly known as the IFSC code, is an alphanumeric code crucial for the electronic transfer of funds within the Indian banking system. This code helps in identifying specific bank branches, ensuring that electronic transactions like NEFT (National Electronic Funds Transfer), RTGS (Real-Time Gross Settlement), and IMPS (Immediate Payment Service) are conducted smoothly and accurately.

The IFSC code acts as a guide that directs money to the right bank branch, whether it is for a money transfer to a friend, payment of a bill, or business transactions.

How to Read the Structure of the State Bank Of India IFSC Code

The IFSC code is an 11-character code consisting of three distinct elements:

  • First Four Characters: These letters indicate the name of the bank. For instance, the first four alphabets in the code represent the bank's name.
  • Fifth Character: This is always '0' (zero) and is reserved for potential future use in the system.
  • Last Six Characters: These can be either numeric or alphabetic and identify a specific branch of the bank.

Example: An IFSC code may appear as "BANK0123456." Here, "BANK" denotes the bank, and "0123456" identifies the specific branch. This unique combination ensures that each branch of every bank has a distinct identification number, allowing the precise identification of the account's location.

How to Locate an State Bank Of India IFSC Code

Locating an IFSC code is relatively straightforward and can be done using any of the following methods:

  • Cheque Book: The cheque leaves issued by your bank carry the IFSC code, usually printed on the upper section of the leaf.
  • Bank Passbook: The IFSC code is typically found on the first page of the bank passbook provided at the time of opening the account.
  • Official Websites of Banks: Most banks provide a search tool on their websites that allows you to find their respective IFSC codes based on branch location or branch name.
  • Online Banking Portals: IFSC codes are provided in most online banking systems, enabling customers to find the code related to their bank branch.
  • Mobile Banking Apps: Many banking apps allow you to view branch details, including IFSC codes.
  • RBI Website: The Reserve Bank of India maintains an official list of all banks and their respective branch IFSC codes on its website.

Importance of IFSC Code in Fund Transfers

The IFSC code plays a significant role in secure and efficient fund transfers in the following ways:

  • NEFT (National Electronic Funds Transfer): The IFSC code ensures that funds are transferred accurately from one account in a bank to another account in a different bank in India.
  • RTGS (Real-Time Gross Settlement): The IFSC code ensures the safety and speed of high-value transactions where money needs to be transferred at once.
  • IMPS (Immediate Payment Service): An instant fund transfer service where the IFSC code directs funds to the correct branch instantly.
  • Error Prevention: Accurate use of the IFSC code minimizes the chances of funds being directed to the wrong account or branch, thereby reducing errors.

Benefits of Using IFSC Code

Here are the main benefits of IFSC codes you must know:

  • Increased Security: Using the correct IFSC code ensures the transaction reaches the correct branch of the bank, minimizing errors or misdirected funds.
  • Faster and More Efficient: IFSC codes streamline the fund transfer process, making it faster than traditional methods.
  • Universal Use: Since the IFSC code system is standardized across all banks in India, it can be used for transfers between any banks.

Procedure to Perform State Bank Of India Fund Transfer Using IFSC Code

Fund transfer using an IFSC code is a simple yet vital process:

  • Log in Through Online Banking: Use your mobile banking app or Internet banking portal to log in to your bank.
  • Fund Transfer: Select the option for fund transfer, choosing between NEFT, RTGS, or IMPS.
  • Add Recipient Details: Enter the recipient's name, account number, bank name, and the IFSC code of their branch.
  • Validate Details: Verify the entered details to avoid errors. Incorrect bank and IFSC details can lead to the rejection of your fund transfer request.
  • Confirm Transfer: After confirmation, the money will be transferred. Depending on the mode of transfer, the amount may be transferred within a few seconds or minutes.

How to Open a State Bank Of India Bank Account

Opening a bank account is a simple if you have the necessary documents and meet the eligibility criteria:

Eligibility Criteria

  • Any citizen over 18 years old is eligible to open a bank account.
  • In the case of minors, parents or guardians can open an account on their behalf.
  • Non-residents are also eligible, provided they fulfill certain conditions established by the banks.

Required Documents

  • Proof of Identity: Aadhaar Card, Passport, Voter ID, or any government-issued ID.
  • Proof of Address: Aadhaar Card, Passport, utility bills, or any valid document proving residence.
  • PAN Card: A PAN card is required for tax compliance.
  • Passport Size Photographs: Usually, two to three recent photographs are needed.
  • Form 16: In certain cases where a PAN card is not available, Form 16 may be considered.

Process to Open an Account

  • Visit a Bank: Visit a branch of your chosen bank, or apply online if the bank offers an online application service.
  • Fill Out the Form: Complete the account opening form with your personal information.
  • Submit Documents: Provide documents verifying your identity and address.
  • Initial Deposit: Make an initial deposit if required by the specific type of account.
  • Account Activation: Once your documents are verified, your account will be activated, and you will receive a passbook, checkbook, and debit card.
  • Register for Internet and Mobile Banking: Register for Internet and mobile banking services to facilitate easy transactions.

Loan EMI Calculator: Importance and Types

For anyone taking a loan, an EMI calculator is a vital and useful tool. Based on the loan amount, interest rate, and repayment period, it assists you in calculating the monthly repayment amount. You may better manage your money and make sure the loan doesn't put a burden on your resources by using an EMI calculator. It helps you steer clear of any unpleasant shocks later on by giving you a clear image of your financial commitment.

Loan Calculators

  • Loan Calculator VA: Specifically designed for VA loans, helping veterans calculate their mortgage payments.
  • Loan Calculator Vehicle: Assists in determining 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.

EMI Calculators

  • EMI Calculator for Home Loan: Helps in calculating the Equated Monthly Installment (EMI) for home loans.
  • EMI Calculator Us: Tailored 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

An IFSC code is an essential component of the Indian banking system, ensuring the secure electronic transfer of funds. Whether you're doing a simple NEFT transfer or a high-value RTGS transaction, the IFSC code plays an indispensable role in smooth banking operations. Knowing how to find and use this code is crucial for anyone conducting electronic transactions in India.

Frequently Asked Questions (FAQs)

IFSC stands for Indian Financial System Code. It is an 11-character alphanumeric code used to identify a specific branch of a bank in India. It is required for electronic fund transfers like RTGS and NEFT.

The IFSC code is crucial for ensuring safe and error-free transfers from one bank to another. It helps route transactions through the correct bank branch.

You can find the IFSC code on your cheque book and passbook or on your bank's official website. The Reserve Bank of India also publishes a list of IFSC codes.

Yes, the IFSC code is required to complete electronic fund transfers like NEFT, RTGS, and IMPS. Without the IFSC code, the transfer cannot be completed.

In Internet banking, the IFSC code of the beneficiary's bank and branch ensures safe and accurate transfers.

No, each branch of a bank has a unique IFSC code, making it easier to identify the specific branch for transactions.

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