IFSC Code of State Bank Of India, Andhra Pradesh, MehboobNagar, Hunwada

SBIN0020608

State Bank Of India

State Bank Of India

IFSC Code

SBIN0020608
MICR Code

509002768
Bank Name State Bank Of India
District MehboobNagar
State Andhra Pradesh
Address U Uds U
Phone +918542237504

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

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
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

SBIN0020186

NESOPPBAAJTAKESNARAYANPETMAKTHAMBNGR
Narayanpet

SBIN0003751

DISTMAHBUBNAGAR ANDHRA PRADESH 509210
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 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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