IFSC Code of State Bank Of India, Andhra Pradesh, Nalgonda, Choutuppal

SBIN0002705

State Bank Of India

State Bank Of India

IFSC Code

SBIN0002705
MICR Code

508002502
Bank Name State Bank Of India
District Nalgonda
State Andhra Pradesh
Address Nalgonda Distt, A P Pin 508 252
Phone

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

Agr Mkt Yard AvanthiPuram

SBIN0021535

AVANTHIPURAMMIRYALAGUDANALGONDA DIST ANDHRA PRADESH
Aitipamula

SBIN0008807

KATTANGUR MANDAL, T NALGONDA, ANDHRA PRADESH 508205
Akupamula

SBIN0008497

DIST NALGONDASTATE ANDHRA PRADESHPIN 508233
Aler

SBIN0020177

GD DSR
Anantha Giri

SBIN0020616

AUOASCNAGONA
Anneparthy Nalgonda

SBIN0021270

EPTYVILLGEYDMIODSYO42LGOD
Bethavole

SBIN0020563

QHLKDLOD
Bhongir

SBIN0020173

N1838BVINAYAKXRADBNGIRNALGNDADIST
Bhongir

SBIN0012716

H.NO. 15330,OPP TO SAIBABA TEMPLE,STATION ROAD,BHONGIR,DISTNALGONDA508116
Bibi Nagar

SBIN0011992

BUILDING OF APPI REDDY SATHY REDDY,HANUMAKONDA ROAD,BIBI NAGAR 508126
Chandur

SBIN0020178

ANROADDTNALGONDASTD08688
Cheedella

SBIN0009501

MUNGAL MANDAL, DT NALGONDA, A P 508233
Cherukupalli

SBIN0008809

DIST NALGONDA, AP 508258
Chintalapalem

SBIN0021577

CHINTAPALEM VILLAGEMELLACHERUVU MANDALNALGONDA DISTRICT ANDHRA PRADESH
Chityal

SBIN0020567

ITAGA
Chivemula

SBIN0020643

ITITNALGONA
Collectorate Complex

SBIN0020951

OO OPGOD
Devarkonda

SBIN0020179

ERVEKTESWRTLKIESDEVERKODLGODSTD08691
Dirsencherla

SBIN0021538

RDCRAMANDAAGONDADISTANDRAPRADS
Dondapadu

SBIN0020398

AHRUUANDANAGONDADISTRIT
Gaddipalli

SBIN0020481

RDEMDDDST
Garidepally

SBIN0021595

HNO 2 59 1 1KALMACHERUVU ROADGARIDEPALLY MANDAL NALGONDA DISTRICT AP STATE
Gudipalli

SBIN0008499

DIST NALGONDA, AP508256
Gundala

SBIN0020651

LULITITLO
Gurrampode

SBIN0021657

YO465AADYALROADGURAMPODMDLALGODADT
Halia

SBIN0021245

YO1HAUMAREIDECYBEKRIHAVEITALETCHOOLHALIA
Hb Colony, Miryalaguda

SBIN0015885

MIG 31,32 H.NO.1 90 19,20 APHB COLONY, MIRYALAGUDA,DIST. NALGONDA, ANDHRA PRADESH 508 207
HuzurNagar

SBIN0020180

ANROADHUZURNAGARNALGONDADSTRCT
Jagireddygudem

SBIN0008808

VIA ARAVAPALLI, T NALGONDA, A P 508279
Janpahad

SBIN0020686

LCHLTCTLGOP
Kantatmakur

SBIN0008811

OPP PARKAL BUS DEPOT, MAIN ROAD, T WARANGAL, ANDHRA PRADESH 506391
Khammam X Road Kodad

SBIN0021198

UVYNO523BLOCKNO4OPPIOCPTOLBUNKKHAMMAMXOADKODAD
Kodad

SBIN0020181

I MU MG
Kodad

SBIN0006315

HUZURNAGAR JUNCTION, MAIN ROAD KODAD, DISTT. NALGONDA, ANDHRA PRADESH 508206
Kodad Town

SBIN0017568

BHARAT REDDY COMPLEX,N.H 9,MAIN ROAD,KODAD,NALGONDA.A.P 508206
Kolanupaka

SBIN0021571

HNO12 20 WARD NO12 BODARAI BASTI KOLANUPAKA V ALIR MANDALNALGONDA DIST ANDHRA PRADESH
Kondamallepally

SBIN0021379

NMEYEVNVIEITNN
Koppole

SBIN0008500

DIST NALGONDA, AP 508000
M Domalpally

SBIN0020628

OSRC O
Maithri Women S College

SBIN0020952

43HYDERABADROADNALGONDA
Mellachervu

SBIN0021636

SKTHETRCMPLXMINRDMELLCHERUVUNLGNDDT
Mirayalguda

SBIN0006317

SAGAR ROAD, DISTT. NALGONDA, ANDHRA PRADESH 508 217
Miryalguda

SBIN0020174

EGKGTCT
Miryalguda Adb

SBIN0020322

GD DSR
Mothkur

SBIN0020296

GD DSR
Munagala

SBIN0021656

YO4452H9MUAGALAMDLALGODADT
N Annaram

SBIN0021537

HNO 8 36 N ANNARAM V PENPAHAD MANDALNALGONDA DIST ANDHRA PRADESH
Nadigudem

SBIN0020283

AIUMMAALALOAISTRICTST0868359136
Nagarjuna Sagar

SBIN0020172

GADNYLNNAGAJUNASAGA
Nakrekal

SBIN0015352

D.NO.11 74, OPP.PRESS CLUB, SHIVAJINAGAR, NAKREKAL, DIST. NALGONDA 508211
Nakrekal

SBIN0020182

GD DSR
Nalgonda

SBIN0006293

NEAR CLOCK TOWER, DISTT. NALGONDA, ANDHRA PRADESH508 001
Nalgonda

SBIN0020175

I NLGN
Nalgonda Town

SBIN0018148

D.NO.41076912,TIRUMALA CMPLX,SIDDHARTHA CLNY, DEVARAKONDA ROAD,NALGONDA,AP508001
Nampally Nalgonda Dist

SBIN0021610

PNO 56 AMBEDKAR CENTREHYDERABAD ROAD NAMPALLY MANDALNALGONDA DISTRICT ANDHRA PRADESH
Neredcherla

SBIN0020323

ANROADHUZURNAGARNALGONDADSTRCT
Panthangi

SBIN0015383

H.NO.2 17, RAJEEVGANDHI SMARAKA BHAVAN, VILL PANTHANGI,MANDAL CHOUTUPPAL, DIST. NALGONDA,ANDHRA PRADESH 508252
Pochampally

SBIN0021140

N741T744PPMARKENEYAEVASTANAMNALGNA
Prakasam Bazaar

SBIN0020819

BZOIG OXGO
Pulicherla

SBIN0020622

LVRSLHRLLG
Ramannapet

SBIN0020183

7GANDHIROADRAMANNAPETNALGONDA
Ravindra Nagar Colony

SBIN0012971

RAVINDRA NAGAR COLONY,6 6 476,RAVINDRA NAGAR,HYDERABAD ROAD,NALGONDA
Redlarepaka

SBIN0008806

H.NO. 1-22 WARD NO.3 VALIGONDA VIL AND MANDAL NALGONDA AP
RustaPur

SBIN0015384

H.NO.2 152, JAGADEVPUR MAIN ROAD, VILL RUSTAPUR, MANDAL TURKAPALLI, DIST. NALGONDA, ANDHRA PRADESH 508116
Samsthan NarayanPur

SBIN0021378

ED10WESTNAAYANPUMANDALSAMSTHANNAAYANPUDISTNALONDA
Shaligowraram

SBIN0020763

HLGUMMNDLNLGNDDTCT
Shivaji Nagar Branch Nalgonda

SBIN0016349

D.NO.6 3 149150, NEAR SAIBABA TEMPLE, SHIVAJINAGAR, RAMAGIRI, DIST. NALGONDA,ANDHRA PRADESH 508 001
Sme Branch

SBIN0020932

MIRYALGUDA ANDHRA PRADESH
Suryapet

SBIN0020176

HATFFICURYATNALGNA
Suryapet

SBIN0006316

ALANKAR TALKIES ROAD, SURYAPET, DISTT. NALGONDA ANDHRA PRADESH 508 213
Suryapet Adb

SBIN0020248

GD DS
Suryapet National Highway Road

SBIN0021380

ODSUVEYO288OPPGMSSEEMGCOLOYSUYPETDISTLGOD
Suryapet Town

SBIN0017569

1 4 249 BY 157 BY 1,GROUND FLOOR,KUDA KUDA ROAD,SURYAPET,NALGONDA.A.P 508213
Tadakamalla

SBIN0008502

VEMULAPALLY POST, DISTT NALGONDA, AP 508207
Tallasingaram

SBIN0021576

TALLASINGARAM VILLAGENUTANKAL MANDALNALGONDA DISTRICT ANDHRA PRADESH
Tammarabandapalem

SBIN0021534

PLOT NO 45 SY NO447SRI RAMA NAGAR TAMMARABANDAPALEMKODAD MANDAL NALGONDA DIST ANDHRA PRADESH
Thirumalagiri

SBIN0020836

3MAINROADTIRUMALAGIRINALGONDADT
ThriPuraram

SBIN0021638

N8TPMNLNT
Thungathurthi

SBIN0021658

N61MAINROADTUNGATURTINALGONDADT
TriPuravaram

SBIN0008501

VIA NADIGUDEM, DISTT. NALGONDA, ANDHRA PRADESH 508206
Turkapally

SBIN0008805

DIST NALGONDA, ANDHRA PRADESH 508116
Urumadla

SBIN0008498

D NO 3 43, MAIN ROAD, CHITYALA, DISTT NALGONDA, ANDHRA PRADESH 508114
Vazirabad Wadapalli

SBIN0020426

AACAATQNAGONAISTICT
Vellanki Ramannapet M

SBIN0021425

E I GI G
Vemulapalli

SBIN0020580

EU NNON C
Yadagirigutta

SBIN0015882

H.NO.6 58, MAIN ROAD, BESIDE DEVASTANAM TOLLGATE, YADAGIRIGUTTA, DIST. NALGONDA, ANDHRA PRADESH 508115
Yellareddiguda

SBIN0020653

AKTAYMDOCATDOVIJAYAWADAHIGHWAYAGODADT

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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