Select Branch for State Bank Of India in MehboobNagar, Andhra Pradesh
Choose a branch to view IFSC code and details
Achampet
SBIN0020188
ANROADACHAPETANDALAHABUBNAGAR
Achampet Adb
SBIN0006648
DIST MAHBUBNAGAR, ANDHRA PRADESH 509375
Adb Nagarkurnool
SBIN0005875
DIST MAHBUBNAGAR, ANDHRA PRADESH 509209
Adb ShantiNagar
SBIN0003746
DIST MAHBUBNAGAR, A P 509126
Addakal
SBIN0007219
MAHBUBNAGAR, ANDHRA PRADESH 509382
AlamPur
SBIN0020189
ADIOKALAMPURTQMAABUBAARDISTRIT
Amangal
SBIN0020190
W QMBBG DS
Amarabad
SBIN0005647
MAHBUBNAGARSTATE ANDHRA PRADESHPIN 509201
Atmakur
SBIN0008810
NALGONDA, A P 508212
Atmakur Adb
SBIN0007081
H NO 12 BY 19 AND 20 MAIN B T ROAD BRAHMANWADI DISTT MAHBUBNAGAR ANDHRA PRADESH 509131
Badepally
SBIN0020193
AAUAATCT
BalaNagar
SBIN0020442
HU IST
BhoothPur
SBIN0003513
MAHBUBNAGAR, ANDHRA PRADESH 509382
Bijinepally
SBIN0003884
DIST MAHBUBNAGAR, A P 509203
Bomraspet
SBIN0020405
OL QHU SC
Collectorate Complex MahabubNagar
SBIN0021102
AIPPBSSANDMAHABBNAGA
Damaragidda
SBIN0006523
DIST MAHBUBNAGAR, A P 509407
Farooq Nagar
SBIN0006973
DIST MAHBUBNAGAR, ANDHRA PRADESH 509216
Gadwal
SBIN0020185
58OPPNEWBUSSTANDGADWALMAHABOOBNAGARDT
Gadwal Adb
SBIN0005407
DISTMAHBUBNAGAR ANDHRA PRADESH 509125
Gattu
SBIN0006646
MAHBUBNAGAR A P 509173
Hunwada
SBIN0020608
U UDS U
Husnabad
SBIN0020618
U OSRC HUR
Ieeja
SBIN0004693
MAHBUBNAGAR A P 509127
Jadcherla
SBIN0020921
N8088GUBBAVISWANATAMCOMPLXNAGARKURNOOLRDJADCERLA
Jaklair
SBIN0020676
OLIRLQMHLDISMHBBNGR
Jedcherla
SBIN0012715
JEDCHERLA,SIGNAL GADDA ROAD,BADEPALLY,JEDCHERLA,DISTMAHABOOBNAGAR509301
Kalwakurthy Adb
SBIN0006222
DIST MAHBUBNAGAR, ANDHRA PRADESH 509324
Kalwakurti
SBIN0020194
WUMUNG DS
Kanukurthy
SBIN0008802
DIST MAHBUBNAGAR, A P 509470
Kodangal
SBIN0020192
AAUAATCT
Koilkonda
SBIN0020443
ABBAAIT
KollaPur
SBIN0020195
RAMBEKARCHOWKKOLLAPUMAHABUBNAGART
KollaPur Adb
SBIN0006821
DIST MAHBUBNAGAR, ANDHRA PRADESH 509102
Kollur
SBIN0020557
DL BDBBRDCD 05
Kosigi
SBIN0020196
OL QHU SC
Kotakonda
SBIN0020387
QBUBNRDISRIC
Lalacheruvu
SBIN0010785
MAHBUBNAGARSTATE ANDHRA PRADESH
Lingal
SBIN0006522
DIST MAHBUBNAGAR, A P 509401
MadanaPuram
SBIN0020201
OHOMNDLMHBUBNGRDISRIC
Maddur
SBIN0004694
DIST MAHBUBNAGAR, A P 509411
Madgul
SBIN0012218
C BY O MPDO OFFICE PREMISES,MEHBOOBNAGAR DIST MADGUL,AP 509327
Madgul(amangal)
SBIN0006110
KALWAKURTHY TALUQ, DISTT MAHBUBNAGAR, ANDHRA PRADESH 509327
MahabubNagar
SBIN0003484
MAHBUBNAGAR, ANDHRA PRADESH 509001
MahbubNagar
SBIN0020184
ERCLOCKTOWERMHBUBGR
MahbubNagar Adb
SBIN0020267
PPCOMPLEXOPPPOLICEHQNEWGUNJRODMHBUBNGR
Makhtal Adb
SBIN0005874
DISTMAHBUBNAGAR ANDHRA PRADESH 509241
Makthal
SBIN0020197
ERGKLKLQBBGRDIS
Manopad
SBIN0006111
ALAMPUR TALUQ, DIST MAHBUBNAGAR, A P 509208
Marikal
SBIN0021043
IW BB IST
Mettugadda
SBIN0020920
6NEARCHENNAREDDYSTADIUMMETTUGADDAMAHABUBNAGAR
Munnanur
SBIN0005915
AMARABAD MANDAL, DISTT MAHBUBNAGAR, A P 509128
Nagarkurnool
SBIN0020198
O1532MAIROADAGARKUROOLTQMAHABUBAGARDT
Narayanpet
SBIN0003751
DISTMAHBUBNAGAR ANDHRA PRADESH 509210
Narayanpet
SBIN0020186
NESOPPBAAJTAKESNARAYANPETMAKTHAMBNGR
Nawabpet
SBIN0020381
AAUAATCT
New Town
SBIN0020333
UUDIST
Pangal
SBIN0020444
OQBBNGDS
Pebberu
SBIN0020983
AANAAIT
Pvn Colony
SBIN0020856
LTN6ADMAVATHINAGARCLNYMAHABBNAGAR
RrDistrictcollectorate
SBIN0021044
ITCOLLECTOATECOMPLEXLAKIKAPOOLHYEABA
ShadNagar
SBIN0020199
GMUGIT
SiriPuram (nalgonda)
SBIN0008804
NADIGUDEM MANDAL, DISTT NALGONDA, A P 501000
Srisailam
SBIN0020371
ETBANKDAMWESTACHAMPETTQAMRABADMANDADOMAPENTAVIGEMAHABOOBNAGAR
ThimmaPur
SBIN0007220
DIST MAHBUBNAGAR, ANDHRA PRADESH 509325
Thimmareddy Palli
SBIN0007533
DIST PRAKASAM,A P 523113
Undavally
SBIN0006974
DIST MAHBUBNAGAR, AP 509153
Utkur
SBIN0020200
QBUBNRDISRICSDCODE08506
Veldanda
SBIN0006109
KALWAKURTHY TALUQ, DISTT MAHBUBNAGAR, ANDHRA PRADESH 509360
Veljal
SBIN0005687
KALWAKURTHY TALUQ, T MAHBUBNAGAR, ANDHRA PRADESH 509357
Wanaparthy
SBIN0020187
DAAWAAPATHYMAHABUBAADIST
Wanaparthy Adb
SBIN0006223
DIST MAHBUBNAGAR, ANDHRA PRADESH 509103
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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