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

Choose a branch to view IFSC code and details

Branch
Adb Addanki

SBIN0003744

DISTPRAKASAM ANDHRA PRADESH 523201
Branch
Addanki

SBIN0000751

DIST PRAKASAM STATE ANDHRA PRADESH PIN 523201
Branch
Akaveedu

SBIN0008305

PRAKASAMAP
Branch
Bestawaripeta

SBIN0012921

D NO 9 222 86A,MAIN ROAD,BESTAWARIPETA,PRAKASAM DISTRICT,ANDHRA PRADESH 523334
Branch
Bmc Ongole

SBIN0008999

BAPUJI.MARKET.COMPLEX,ONGOLE,PRAKASAM,ANDHRA.PRADESH
Branch
Chakicherla

SBIN0008838

PRAKASAMAP
Branch
Chimakurthy

SBIN0011116

PARAKASANADISTANDRAPRADESHSTATE
Branch
Chinnaganjam

SBIN0003237

DIST PRAKASAM, A P 523135
Branch
Chirala

SBIN0020761

334DURBARROADCHIRALA52355PRAKASAMDT
Branch
Chirala

SBIN0001009

CHIRALA
Branch
Commercial Br Ongole

SBIN0004246

D NO.588164,BM APTMT,RAMAKURAVAR ST,SANTHAPET,ONGOLE,DIST PRAKASAM
Branch
Cumbum

SBIN0001173

DISTPRAKASAM ANDHRA PRADESH 523333
Branch
Darsi Adb

SBIN0006694

DARSI TALUK, DISTT. PRAKASAM, ANDHRA PRADESH 523247
Branch
District Court Complex, Ongole

SBIN0010311

COURT CENTRE ONGOLE PRAKASAM DISTRICT ANDHRA PRADESH 523001
Branch
Dornal

SBIN0011117

PRAKASAMAP
Branch
Dupadu

SBIN0020581

PCGTKLP
Branch
Gangavaram Santhanuthalapadu

SBIN0015400

H.NO. 5 22 S N RAO COMPLEX HIGH SCHOOL ROAD SANTHANUTHALAPADU PRAKASAM DT 523225 ANDHRA PRADESH
Branch
Giddalur

SBIN0000788

DIST PRAKASAM, ANDHRA PRADESH 523357
Branch
Giddalur Bazar

SBIN0015401

D.NO. 1 3 6,NATARAJ BAZAR,GIDDALUR,PRAKASAM, ANDHRA PRADESH 523357
Branch
ILtd, Itc Ltd, Chirala

SBIN0010206

ILTD ITC LTD., CHIRALA, OPP. ILTD,PEPALA, PRAKASAM, ANDHRA PRADESH
Branch
Inkollu

SBIN0015024

D NO 1 146,PARCHUR ROAD,INKOLLU,DIST PRAKASAM 523167
Branch
Inkollu

SBIN0020367

HNENTREINKOLLUMNDLPRKSMDIST
Branch
IPurupalem

SBIN0001943

DIST PRAKASAM, A P 523166
Branch
Juwigunta

SBIN0007822

PRAKASAMAP
Branch
Kandukur

SBIN0020774

ANROADOPPRURALPOLCESTATONKANDUKURUPRKS
Branch
Kandukur

SBIN0000854

DISTPRAKASAM ANDHRA PRADESH 523105
Branch
Kanigari

SBIN0000959

DISTPRAKASAM ANDHRA PRADESH 523230
Branch
Kanigiri

SBIN0021206

N32SIVALAKSHMIBUILINGVRAKANIGIRIPRAKASAMIST
Branch
Karamchedu

SBIN0001430

DIST PRAKASAM, A P 523168
Branch
Karedu

SBIN0007537

DIST PRAKASAM, A P 523293
Branch
Komarole

SBIN0003366

GIDDALUR TALUK
Branch
Kondapi Adb

SBIN0003367

DIST PRAKASAM, A P 523270
Branch
Konidena

SBIN0007534

DIST PRAKASAM,A P 523301
Branch
Kothapet, Chirala

SBIN0012920

CHIRALA,121643,MAIN ROAD,KOTHAPET,CHIRALA,PRAKASAM
Branch
Kurnool Rd

SBIN0020773

H Y B GK I
Branch
Kurnool Road Branch, Ongole

SBIN0012919

USHODAYA COMMERCIAL COMPLEX,DNO6 BY 211,KURNOOL ROAD,ONGOLE,DTPRAKASAM, AP
Branch
M Nidamanuru

SBIN0015386

TANGUTUR MD, DISTRICT PRAKASAM, ANDHRA PRADESH 523279
Branch
Machavaram

SBIN0015385

GUDLURU ROAD,MACHAVARAM, DISTRICT PRAKASAM, ANDHRA PRADESH 523105
Branch
Main Br

SBIN0020488

AAEGLE
Branch
Mangamur Road

SBIN0021171

OGURRODOGOLE
Branch
MarkaPur

SBIN0000873

MARKAPUR
Branch
MarkaPur Bazar

SBIN0012918

MARKAPUR BAZAR,DNO 6 449,1ST FLOOR,NS COMPLEX,DORNALA BUSSTAND,MARKAPUR
Branch
Marrivemula

SBIN0008304

DIST PRAKASAM,A P 523328
Branch
Martur

SBIN0003176

DIST PRAKASAM, ANDHRA PRADESH 523301
Branch
Ongole

SBIN0000890

ONGOLE
Branch
Ongole

SBIN0041027

SY.NO.253 D.NO.4 331 4 MANGAMURU ROAD ONGOLE 523002
Branch
Pakala

SBIN0005323

DIST PRAKASAM, A P 523301
Branch
Pamidipadu

SBIN0014162

GANDHI BOMMA VEEDHI,PAMIDIPADU,KORISAPADU MANDAL,A P 523213
Branch
Pamuru Adb

SBIN0005878

DIST PRAKASAM, A P 523328
Branch
Panguluru

SBIN0006979

DIST PRAKASAM,A P 523328
Branch
Parchur

SBIN0007432

DISTPRAKASAM ANDHRA PRADESH 523169
Branch
Pbb Ongole

SBIN0018157

D.NO.71120,BEHINDTATAGOLDPLUS,MUNGAMURROAD,ONGOLE,DISTT.PRAKASAM,ANDHRAPRADESH523002
Branch
Pedarikatla

SBIN0005816

PEDARIKATLAAP
Branch
Pitakayagulla

SBIN0009504

PITAKAYAGULLAAP
Branch
Podili

SBIN0000268

DISTPRAKASAM ANDHRA PRADESH 523240
Branch
Pokuru

SBIN0006978

DIST PRAKASAM, A P 523113
Branch
Ponnaluru

SBIN0014163

KANIGIRI ROAD,PONNALURU,PRAKASAM DISTRICT,ANDHRA PRADESH 523109
Branch
Singarayakonda

SBIN0012922

TRUNK ROAD,KANDUKUR ROAD CENTRE,SINGARAYAKONDA,PRAKASAM DT,A P
Branch
Tanguturu

SBIN0002796

DISTPRAKASAM ANDHRA PRADESH 523169
Branch
Tarlupadu

SBIN0003482

DIST PRAKASAM, A P 523169
Branch
TriPurantakam

SBIN0003728

TRIPURANTAKAM
Branch
Udayagiri

SBIN0011118

ANDRAPRADESHSTATE
Branch
Ulavapadu

SBIN0004916

DIST PRAKASAM, A P 523292
Branch
Valaparla

SBIN0004623

DIST PRAKASAM,A P 523260
Branch
Vetapalem

SBIN0021582

HNO 10 19 LIBRARY STREETVETAPALEM VILLAGE MANDAL PRAKASHAM DISTRICT ANDHRA PRADESH
Branch
Vetapalem

SBIN0003264

DIST PRAKASAM, A P 523187
Branch
Voletivaripalem

SBIN0007535

DIST PRAKASAM, A P 523187
Branch
Yerragondapalem

SBIN0002815

DIST PRAKASAM, A P 523327

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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