Select Branch for State Bank Of India in Nizamabad, Andhra Pradesh
Choose a branch to view IFSC code and details
AhmedPura Nizamabad
SBIN0020723
N93104AND105PPDELUXEFUNCTINALLAMEDPURANIZAMABADDISTNIZAMABAD
Amrad
SBIN0021906
3141AMRADVILLAGEMAKLOORMANDALNIZAMABADDIST
Ankapoor
SBIN0021373
O941MSLACHAGOUDASATYANARATRUSTBULIDINGANKAPURDISTIZAMABAD
Argul
SBIN0020574
DKPYDSCZBD
Armoor
SBIN0004190
MAHALAKSHMI ROAD DISTT NIZAMABAD ANDHRA PRADESH 503224
Armoor
SBIN0020110
QB S
Arsapally Nizamabad
SBIN0020873
O920136MALAPALLYBOHAROAARSAPALLYIZAMABAIZAMABA
Banswada
SBIN0020112
ANROADBANSWADATQNZAABADDSTRCT
Banswada
SBIN0012968
NO.1183 BY 15 BY 1 TO 15,TADKOLE ROAD,BANSWADA,NIZAMABAD DIST,A P 503187
Bheemgal
SBIN0020374
ANROADNZAABADDSTRCT
Bhiknoor
SBIN0021359
O71621EARBIKOORBUSSTADBIKOORDISTIZAMAAD
Bichkunda Adb
SBIN0020285
O1430BASWAAROABICHKOAISTIZAMABAST08464
Binola
SBIN0007944
DIST NIZAMABAD, A P 503246
Bodhan
SBIN0005152
H NO. 1-4-246, MAIN ROAD, BODHAN-503185
Bodhan
SBIN0020109
0ANROADSHARBATHCANALNZAABAD
Chandur
SBIN0020368
O156MAIROAVIAMOSRAIZAMABAISTRICT
Choutpally
SBIN0020523
PLLYNDLNIZBDDIST
Darpally
SBIN0020113
AAA SC
Devanpally Finanical Inclusion
SBIN0021539
HNO4 74 2C DEVANPALLYDEVANPALLY MANDAL KAMAREDDYNIZAMABAD DISTRICT ANDHRA PRADESH
Dichpally
SBIN0020389
IHAYIAAAIST
Donkal
SBIN0020522
AAAST
Dubba Sme Branch
SBIN0020310
D NO 6 14 139 GURBABADI ROADNIZAMABADDUBBA NIZAMABAD ANDHRA PRADESH
Gangasthan
SBIN0020996
O1119434PHASEIGAGASTHAIZAMABAEARGOUTAMIPUBLICSCHOOL
IndiraNagar
SBIN0020835
O53656ASAIBABATEMPLELAEVIYAAGARCOLOYKAMAREYIZAMBAIST
Jukkal
SBIN0020561
ERBUSSTDMIRODJUKKLDISTIZMBD
Kama Reddy
SBIN0040926
ASSOCIATES RAILWAY STATION ROAD KAMAREDDY NIZAMABAD 503111
Kamareddy
SBIN0005073
5-3-53, NH-7 ROAD, KAMAREDDY,DISTT. NIZAMABAD, ANDHRA PRADESH 503 111
Kamareddy
SBIN0021885
O581000APLOTO4SRIILAYAMASOKAGARKAMAREDDY
Kamareddy
SBIN0020111
N1214SIRCILLARDKAMAREDDYTQNIZAMABAD
Kanteshwar
SBIN0009789
NIZAMABAD,AP
KhanaPur
SBIN0021530
HNO5 35 2 KHANAPURNIZAMABAD DISTRICT ANDHRA PRADESH
KhudavanPur
SBIN0020550
QUI IB
KisanNagar
SBIN0020119
RR QB SR
KondaPur
SBIN0021602
RBUSSTADKODAPURIZAMABADDIST
Kotgiri
SBIN0020114
O1525MAIROAKOTGIRISTIZAMABAST084672
Machareddy
SBIN0020531
HREYXROSPOSTNLVIKREYNIZBIST
Madnoor
SBIN0020115
O42571EGLOORROAMAOORISTIZAMAB
Makloor
SBIN0021653
N0AMAKLOORMAKLURMNDLNIZAMABADDT
Manchippa
SBIN0007532
MAIN ROAD, DT NIZAMABAD, A P 503230
Mendora
SBIN0020593
IRPROJECTBLKONDMNDLNIZMBDDT
Mortad
SBIN0020268
HAQIAADDISRIC
Nandipet
SBIN0064816
H.NO.3-59/9/A,RAJA NAGAR,NEAR CHAKALI ILAMMA STATUE,MAIN ROAD NANDIPETA,NANDIET
Navipet
SBIN0021367
O5121MAIROADAVIPETMADALAVIPETDISTIZAMABAD
Nizamabad
SBIN0005324
GODOWN ROAD NIZAMABAD ANDHRA PRADESH PIN 503001
Nizamabad Main
SBIN0020108
NRESTTESGODOWNRODNIZMBD
Nizamsagar
SBIN0020552
O1151CHOWRASTHAIZAMSAGAR
Padgal
SBIN0021384
IAEDEVEOPMENTCOMMITTEEBUIDINRAMMANDIRPREMISESPADAIAEMANDAAIPURDTNIZAMABAD
Padkal
SBIN0021374
PN24647VILLAEDEVELPMENTCMMTPADKALVILLAEJAKKARAMMANDALDISTNIZAMABAD
Palem
SBIN0020738
UAIKAPUSANAMBLMORTAMANALNIZAMABA
Pallikonda
SBIN0008482
BHEEMGAL MANDAL, DT NIZAMABAD, A P 503307
Perkit
SBIN0014156
NAGPUR HIGHWAY,PERKIT VILLAGE,ARMOOR MANDAL,NIZAMABAD DISTRICT 503224
Pitlam
SBIN0012969
165 BY 8 MAIN ROAD,PITLAM,NIZAMABAD 503310
Pochampad
SBIN0020116
MGPOJCTBLKONDMNDLMOONIZMBDDT
Pothangal
SBIN0020747
O101BESIEBUSSTAPOTHAGALMAALKOTGIRIZAMABAIST
Pragatibhavan
SBIN0020961
O576633APREVEUEBHAVAOPPMUICIPALCOMPLEXCOLLECTORATECOMPLEXIZAMABAIZAMABA
Pulkal
SBIN0020558
O683PULKALMAALBICHKUA
Rajampet
SBIN0020503
AAAST
Rajaram Nagar Armoor
SBIN0020894
N470B1GUPTACMPLEXMAHALAKSHMICLNYRAJARAMNAGARARMR
Rakasipet Bodhan
SBIN0021884
TPLOTNO97WRDNO10BESIDEPOSTOFFICERKSIPETBODHN
Ramadugu
SBIN0007374
NIZAMABAD, ANDHRA PRADESH 503164
Rbo Iv, Nizamabad
SBIN0015908
D.NO.10 3 435, VARNI ROAD, SHIVAJI NAGAR, NIZAMABAD 503 001.
Reddypet
SBIN0020509
OREDDIETMACHAREDDYMANDALNIZAMABADDIST
Rythu Nagar MirzaPur
SBIN0020559
O314MAIROARYTHUAGARMAALBIRKURIZAMABA
Salora
SBIN0020533
O1410AEROASALORA
SarangaPur
SBIN0020117
O222OPPCSFIESARAGAPURISTIZAMABA
SataPur
SBIN0020510
O431WEEKLYMARKETSATAPURMAALREJALIZAMABAIST
ShivajiNagar, Nizamabad
SBIN0012970
103435,VARNI ROAD,SHIVAJINAGAR,NIZAMABAD 503001
Shradhanandgunj
SBIN0007169
H.NO.6 2412 BY 37,PLOT NO.37,NIZAMABAD
SikandraPur
SBIN0021584
HNO 1 86 3 SIKANDRAPURNEAR GRAM PANCHAYAT OFFICEBHEEMGAL MANDAL DISTRICT NIZAMBAD AP
SubhashNagar
SBIN0020376
O62100EARZPOFFICESUBHASHAGARIZAMABAUERTHECOTROLOFTHISBR
Subriyal
SBIN0020737
RR IB
Tg University
SBIN0013804
SUDDAPALLI,NEAR DICHPALLY,NIZAMABAD DISTRICT 503175
Thanakalan
SBIN0020560
O4952MAIROATHAAKALAMAALYEPALLYIZAMABAT
ThimmaPur
SBIN0021583
GRAM PANCHAYAT BUILDINGTIMMAPUR POST MORTAD MANDAL DIST NIZAMABAD
Thorlikonda
SBIN0020562
QRR NZ
Vannel B
SBIN0020592
URRNDBKNDDISNIZBD
Varni
SBIN0021327
N4182VADDEPALLIVVARNIDISTNIZAMABAD
Varni Road Nizamabad
SBIN0021632
N74VARNIROADNIZABABADNIZAMABADDIST
VelPur
SBIN0020399
AAA SC
Vinayak Nagar
SBIN0020881
O1181MYTHRISAAHYERABAROAVIAYAKAGARIZAMABAVIAYAKAGARIZAMABA
Vinayak Nagar, Nizamabad
SBIN0011986
DR.NO.1 1 2 BY 2 BY 2,VINAYAK NAGAR,NIZAMABAD 503001
Yellareddy
SBIN0020118
O5510AGAMAIAHBUILIGOPPJRCIVILCOURTMAIROAYELLAREY
Yergatla
SBIN0020482
HA QAAA S
Yerrapahad
SBIN0020480
OHDMDDTQNIZMBDDIST
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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