Select Branch for State Bank Of India in Visakhapatnam, Andhra Pradesh
Choose a branch to view IFSC code and details
A P E P D C L Branch
SBIN0021457
APEPDCL CORPORATE OF TPT COLONY SEETHAMADHARA VISAKHAPATNAM
Adarsh Nagar
SBIN0061487
D.NO 4112, SUNDARNAGAR BUS STOP, OLD DAIRY FARM, ADARSH NAGAR,VISAKHAPATNAM, (A.P.) ANDHRA PRADESH 530040
AliPuram Branch
SBIN0061497
D NO.33-14-92,L B NIVAS,MAIN ROAD,OPP GOVET ELEMENTARY SCHOOL,ALLIPURAM,VISAKHAPATNAM,535004
AppalarajuPuram
SBIN0015389
D NO 1 39, APPALARAJUPURAM, CHEEDIKADA MANDAL, DISTT. VISAKHAPATNAM, ANDHRA PRADESH 531028
Arilova
SBIN0015212
FLAT NOS 56, HILL VIEW RESIDENCY, SIDE OF MUNICIPAL KALYANAMANDAPAM, ARILOVA, VISAKHAPATNAM530040
Asilmetta
SBIN0015810
DOOR NO.10 1 29, C V S V RAGHU CHAMBERS,SAMPATH VINAYAKA TEMPLE ROAD, DIST VISAKHAPATNAM, ANDHRA PRADESH 530 003.
Bakkannapalem Branch
SBIN0061486
PLOT NO 106 AND 107 DNO 3-6-10,11,12 SRI SAI SURYA VAYUPUTRA RESIDENCY,VAYUPUTRA NAGAR,BAKKANNAPALEM-530048
Bayyavaram
SBIN0015402
S.NO. 122/2, MAIN ROAD, BAYYAVARAM VILLAGE, PULAPARTHY POST, YELLAMANCHILLI MANDAL, DISTT. VISAKHAPATNAM. ANDHRA PRADESH 531 055
Cac Palasa Branch
SBIN0063312
D.NO.14-36-11, PURUSHOTTAPURAM STREET, PALASA, SRIKAKULAM DIST.532221
Commercial Branch Visakhpatnam
SBIN0014407
NARONA ROAD,BALAJI CHAMBERS,DONDAPARTHY,VISAKHPATNAM 530016
Currency Administration Cell, Anakapalle
SBIN0015572
NEHRU CHOWK, ANAKAPALLE, ANAKAPALLE MANDAL, VISAKHAPATNAM, ANDHRA PRADESH531 001
Dabagardens
SBIN0012837
OPP HOTEL SAKETH RESIDENCY,DABAGARDENS,VISAKHAPATNAM,DISTVISAKHAPATNAM 530 020
Devarapalle
SBIN0014508
D. NO.3 145A, KOLURIVARI STREET, DEVARAPALLE, VISAKHAPTANAM DISTRICT, ANDHRA PRADESH531030
Doctor S Colony
SBIN0061484
D.NO.14-36-11 KRISHNA NAGAR MAHARANIPETA VISAKHAPATNAM - 530002
Duvvada
SBIN0021297
15642FIRSTFLOORRLYSTATIONRDOPPVSEZFLYOVERBRIDGEDUVVADAVISAKHAPATNAM
Iim Visakhapatnam
SBIN0064372
STATE BANK OF INDIA,IIM VISAKHAPATNAM BRANCH,NEAR RTA TRACK ROAD,GAMBHEERAM VILLAGEANANDAPURAM MANDALVISAKHAPATNAM - 530052
JyothiNagar
SBIN0064984
DIST- VISAKHAPATNAM, ANDHRA PRADESH, PIN- 530018.
Kancharapalem Mettu, Visakhapatnam
SBIN0061489
D NO 36 46 77 2 GROUND FLOOR, SRI HARSHA BHAVAN, KANCHRAPALEM MAIN ROAD, KANCHARAPALEM METTU 530006
Kanithi Road
SBIN0015759
DOOR NO.2 134 AND 135, NEAR S F S SCHOOL,KANITHI ROAD, CHINA GANTYADA,GAJUWAKA, VISAKHAPATNAM 530026
Kohinoor - Vishakha Premium Banking Centre Branch Viskhapatnam
SBIN0015380
PLOT NO.6, D.NO.7 5 184, OCEAN VIEW LAYOUT, BEACH ROAD, VISAKHAPATNAM530 003.
LalithaNagar
SBIN0012838
SANKARAMATHAM ROAD,LALITHANAGAR,VISAKHAPATNAM 530016
Lawsons Bay Colony
SBIN0015213
LIG 21, D.NO. 4 62 15, LAWSONS BAY COLONY, VISAKHAPATNAM530017
Madhavadhara
SBIN0012839
GROUND FLOOR,MADHAVADHARA VUDA LAY OUT,VISAKHAPATNAM 530018
Marripalem
SBIN0015630
MIG 49, D NO 58 49 50, MARRIPALEM VUDA LAYOUT, NH 5,DIST. VISAKHAPATNAM,ANDHRA PRADESH 530009
MithilaPuri Colony Road,madhurawada
SBIN0016024
GROUND FLOOR, D.NO.1 173/5, ANNAPURNA ARCADE, MITHILAPURI COL. ROAD, MADHURAWADA, VISAKHAPATNAM. ANDHRA PRADESH 530041
N R I Branch, Visakhapatnam
SBIN0013517
SAMPATH VINAYAKA TEMPLE ROAD,WALTAIR UPLANDS,VISAKHAPATNAM,DIST VISAKHAPATNAM 530 003
Nakkapalle
SBIN0014507
D. NO. 820, NEAR BUS STAND, NAKKAPALLE, VISAKHAPATNAM DISTRICT, ANDHRA PRADESH531 081
Nakkavanipalem, Visakhapatnam
SBIN0018883
GROUND FLOOR, SSNR PARADISE, NAKAKVANIPALEM, DISTT.VISAKHAPATNAM. ANDHRA PRADESH-530013
Narsipatnam Bazar
SBIN0014372
KRISHNA BAZAR CENTRE,NARSIPATNAM,VISAKHAPATNAM DISTRICT,ANDHRA PRADESH 531116
Nggo S Colony, Visakhapatnam
SBIN0061488
PLOT NO 131, NEAR MASJID, NGGO_x0019_S COLONY, MURALINAGAR, MADHAVADHARA-530007
Payakaraopeta
SBIN0021631
N1ANROADPAYAKARAOPETVZAGDST
Poorna Market
SBIN0016025
R 5,VISAKHAPATNAM AO, BALAJI NAGAR, SIRIPURAM,DIST VISAKHAPATNAM, ANDHRA PRADESH 530 003
Racpc Two Visakhapatnam
SBIN0018241
ADMINISTRATIVE OFFICE, BALAJI NAGAR, SIRIPURAM JUNCTION, VISAKHAPATNAM - 530003
Rbo I, Metro, Visakhapatnam
SBIN0014741
ADMINISTRATIVE UNIT,BALAJI NAGAR,SIRIPURAM,VISAKHAPATNAM 530006
Rbo Sce Region, Visakhapatnam
SBIN0014744
ADMINISTRATIVE UNIT,BALAJI NAGAR,SIRIPURAM,VISAKHAPATNAM 530003
Rbo Six Anakapalli
SBIN0063879
C-O.SBI ADMINISTRATIVE OFFICE,SIRIPURAM,BALAJI NAGAR,VISAKHAPATNAM,530003
Rbo Six Bobbili
SBIN0063876
FIRST FLOOR,FLAT NO.120,1-15-1 LANE,CBNC COLONY,CANTONMENT,VIZIANAGARAM 535001
Rbo V, ViziaNagaram
SBIN0014742
REGION 5,ADMINISTRATIVE UNIT,BALAJI NAGAR,SIRIPURAM,VISAKHAPATNAM 530003
Rbo Vi, Visakhapatnam
SBIN0014743
ADMINISTRATIVE UNIT,BALAJI NAGAR,SIRIPURAM,VISAKHAPATNAM 530003
Sangivalasa
SBIN0018887
ANITS COLLEGE ROAD, SANGIVALSA VILLAGE, BHEEMUNIPATNAM MANDAL, DIST.VISAKHAPATNAM, ANDHRA PRADESH- 531162
SheelaNagar
SBIN0015102
D NO.32-10-36, FIRST FLOOR, VENKATESWARA COLONY, SHEELANAGAR, VISAKHAPATNAM-530012
ShriNagar, Visakhapatnam
SBIN0030434
D.NO.48724,GROUND FLOOR,KSR PLAZA,SRINAGAR,VISHAKHAPATNAM530016
Sme Bhpv Branch
SBIN0063650
B.H.P.V.TOWNSHIP CAMPUS VISAKHAPATNAM
Sme Dondaparti, Visakhapatnam
SBIN0063648
MANI RESIDENCY OPP SRIKANYA THEATRE DONDAPARTI, VISAKHAPATNAM-530016
Sme SiriPuram, Visakhapatnam
SBIN0063649
DUTT ISLAND SIRIPURAM VISAKHAPATNAM-530003
Sme Suryabagh Branch
SBIN0063647
E SEVA COMPLEX, YELLAMMATHOTA, SURYABAGH, VISAKHAPATNAM-530020
Sme ViziaNagaram
SBIN0063651
MG ROAD, NEAR NCS THEATER,VIZIANAGARAM-535001
Smeccc, Visakhapatnam
SBIN0005016
VISAKHAPATNAM
Sonthyam
SBIN0017310
2 160 BY 1 AND 2,MAIN ROAD,SONTHYAM VILLAGE,VISAKHAPATNAM.ANDHRA PRADESH 531173
Special Sme Visakhapatanam
SBIN0063646
DOOR NO 48.8.16, V SPACE, BEHIND V HOTEL, DOOR NO 48.8.16, V SPACE, BEHIND V HOTEL,SRINAGAR,DWARAKANAGAR,VISAKHAPATNAM-530016
Specialised Currency Administraton Branch
SBIN0016405
ZONAL OFFICE BLDG., BALAJI NAGARM SIRIPURAM JN., DISTT. VISAKHAPATNAM. ANDHRA PRADESH530 003
Specialised Sme Branch, Visakhapatnam
SBIN0014772
GEETHA MANSION V,BALAYYA SASTRY LAYOUT MAIN ROAD,SEETHAMMADHARA,VISAKHAPATNAM 530013
SujathaNagar
SBIN0015369
D NO 13 18/2, SRINIVASA COMPLEX, BRTS ROAD, SUJATHA NAGAR, VISAKHAPTNAM, ANDHRA PRADESH 531173
TimmaPuram
SBIN0021605
ASSESSMENT NO 179 REVUPOLAVARAM ROADADDU ROADS RAYAVARAM MANDAL VISAKHAPATNAM DISTRICT ANDHRA PRADESH
Vaddadi
SBIN0015332
4 102, VADDADI JUNCTION, MADUGULA ROAD, VADDADI, VISAKHAPATNAM DISTRICT, ANDHRA PRADESH531026
Vadlapudi
SBIN0061490
D NO 30-21-3 VADLAPUDI FOREMAN COMPLEX, R H COLONY, VADLAPUDI, VISAKHAPATNAM _x0013_ 530046
Venkojipalem Road
SBIN0015214
1 56 37, MIG 12/3, SECTOR 3, MVP COLONY, VISAKHAPATNAM530017
Yendada
SBIN0016350
GROUND FLOOR, PLOT NO.8, SANDEEPINI NAGAR, SRI LAKSHMI VILLA, YENDADA, VISAKHAPATNAM, DISTT. VISAKHAPATNAM. ANDHRA PRADESH 530045
Zonal Office, Visakhapatnam
SBIN0006746
DIST VISAKHAPATNAMSTATE ANDHRA PRADESHPIN 530020
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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