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ADILABAD    70 Branches
AMEENPUR    1 Branches
ANANTAPUR    34 Branches
ANANTAPURAM    1 Branches
ANANTPUR    57 Branches
ANATHAPUR    1 Branches
ANDHRA PRADESH    1 Branches
AP    1 Branches
CHANGLANG    1 Branches
CHILAKALURIPETA    1 Branches
CHITTOOR    45 Branches
CHITTOR    57 Branches
CHODAVARAM    1 Branches
CUDDAPAH    74 Branches
CUDDAPHA    1 Branches
DHARMAPURI    1 Branches
EAST GODAVARI    177 Branches
EAST GODAWARI    3 Branches
ELURU    1 Branches
EWST GODAVARI    1 Branches
GACHIBOWLI    1 Branches
GUNTUR    178 Branches
HYDEARABAD    1 Branches
HYDERABAD    102 Branches
HYDERABAD URBAN    251 Branches
IHKTM    1 Branches
JAGATSINGHPUR    1 Branches
KADAPA    16 Branches
KADAPPA    1 Branches
KARIM NAGAR    64 Branches
KARIMNAGAR    38 Branches
KARNOOL    1 Branches
KHAMMAM    90 Branches
KHAMMAN    4 Branches
KRISHNA    178 Branches
KURNOOL    102 Branches
MAHABOOBNAGAR    3 Branches
MAHABUBNAGAR    9 Branches
MAHBOOBABAD    1 Branches
MAHBOOBNAGAR    2 Branches
MAHBUBNAGAR    16 Branches
MEDAK    76 Branches
MEHBOOBNAGAR    77 Branches
NALGONDA    94 Branches
NANDYAL    2 Branches
NANGOLDA    1 Branches
NARASARAOPET    1 Branches
NELLORE    82 Branches
NIZAMABAD    89 Branches
NIZAMABADD    1 Branches
PRAKASAM    81 Branches
PRAKASHAM    1 Branches
RAGUNATHAPALLE    1 Branches
RAJAHMUNDRY    1 Branches
RAJENDRANAGAR    1 Branches
RANGA REDDY    103 Branches
RANGAREDDY    50 Branches
RANNGAREDDY    1 Branches
SAMASTIPUR    1 Branches
SECUNDERABAD    7 Branches
SPSR NELLORE    1 Branches
SRIKAKULAM    73 Branches
SUBANSIRI    1 Branches
SURYAPET    1 Branches
TIRUPATI    7 Branches
TIRUPUR    1 Branches
VALIGONDA    1 Branches
VIJAYAWADA    9 Branches
VISAKHAPATNAM    51 Branches
VISAKHATNAM    2 Branches
VISGHAKAPATNAM    1 Branches
VISHAKAPATNAM    129 Branches
VISHAKHAPATNAM    39 Branches
VIZIANAGARAM    67 Branches
VIZIANAGRAM    1 Branches
WARANGAL    99 Branches
WARRANGAL    6 Branches
WEST GODAVARI    134 Branches
WEST GODAWARI    1 Branches
WESTGODAVARI    3 Branches
YEAAUAN    1 Branches
YSR DISTRICT    1 Branches

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Rate Date : 28/04/24

We found 2888 Branches available for STATE BANK OF INDIA, ANDHRA PRADESH

General Information About Bank IFSC & MICR Code


What is an IFSC Code?

IFSC stands for Indian Financial System Code. It's an eleven digits & characters combination unique identifying number. This unique code helps to identify the perticular individual bank branches for smooth online transation such as NEFT, RTGS & IMPS transations. This code is developed by RBI (Reserve Bank of India).


Structure of the IFSC Code

The first four letters of the IFSC Code is bank code, Next one digits is genarally (0) zero & it's reserved for future use & last six digits is an unique identifier no for the particular Financial institution or bank branch.


Example : Breakdown of IFSC Code

A

B

C

D

0

1

2

3

4

5

6

Bank Code

Future Use

Branch Code


What is IFSC code used for?

IFSC Code used for various electronic or online fund transfer such as NEFT, RTGS, IMPS & other online fund transferring etc.


What is MICR Code?

MICR stands for Magnetic Ink Character Recognition technology & this code is developed by RBI (Reserve Bank of India). It's also a nine digits unique identifying number. This unique nine digits MICR code helps to identify the perticular individual bank branches and branch participating in an Electronic Clearing System (ECS).

The MICR code is located on the bottom of a each cheque leaf, next to the cheque number. You can also find it printed on the first page of a bank passbook.


Structure of the MICR Code


Example : Breakdown of MICR Code

1

2

3

4

5

6

7

8

9

City Code

Bank Code

Branch Code


What is MICR code used for?

MICR Code used for various financial transations such as SIP form or for transferring funds.


The given information is as per the guidelines of RBI (Reserve Bank of India)

Payment ServiceNEFTRTGSIMPS
ProcessProcess is based on Deferred Net Settlement (DNS) and the transfer of funds will be carried out in  half-hourly batches starting from 12:30 am to 12:00 amPayment process in which the money is credited in the beneficiary’s bank branch in real-time and on gross basisReal-time and instant interbank fund transfer process, IMPS is considered a secure & faster mode of fund transfer
Minimum Transfer LimitRe.1Rs.2 lakhRe.1
Maximum Transfer LimitNo limitNo limitRs.2 lakh
Operational TimingsAvailable 24x7, 365 days (including bank holidays)7 am to 6 pm on all working daysAvailable 24x7, 365 days (including bank holidays)
Inward Transaction ChargesNo chargesNo chargesDecided by individual member banks and PPIs


FAQ on IFSC & MICR code

Q. Do IFSC codes get changed?
A. Generally no but if the particular bank undergoes any merger or something then only the new IFSC code will be issued by RBI (Reserve Bank of India) & the old one will be deactivated.

Q. How to transfer money using the IFSC code?
A. Using IFSC code transferring funds from one bank to another bank or the same bank different accounts is really a hassle free solution. When you try to transfer funds using online banking such as NEFT, RTGS, IMPS & others method then you need the customer name, bank account no. & the IFSC code.

Q. Is sharing IFSC & MICR code safe?
A. Each Indivitual bank branch's IFSC code & MICR code is matchless and it's essential in India for transferring funds through the online banking. Every bank guarantees the security of the fund transfer & no one may misuse the IFSC code & MICR code for fraud, theft & spaming.

Q. Is IFSC code and branch code is same?
A. No. An IFSC code is an eleven digit alphanumeric unique code issued by RBI(Reserve Bank of India) to identify the each indivitual bank branch. Branch code is a part of of the IFSC code because it's identify a particual bank branch. The last 6 digit of the IFSC code is the branch code & this code is also printed on your first page of your bank passbook.