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ADALAT    1 Branches
ADB GOVINDARAOPET    1 Branches
ADB JANGAON    1 Branches
ADB MEHBOOBABAD    1 Branches
ADB NARSAMPET    1 Branches
AP RAYONS    1 Branches
AREPALLY    1 Branches
BALASAMUDRAM    1 Branches
BASANTNAGAR    1 Branches
BATTALA BAZAR    1 Branches
BHIMARAM    1 Branches
BHOOPALPALLY    1 Branches
BHUPALAPALLYJANGEDU    1 Branches
CBS HANAMKONDA    1 Branches
CHELPUR    1 Branches
CHENNARAOPET    1 Branches
CHERIYAL    1 Branches
CHERIYAL ADB    1 Branches
CHOWRASTA HANAMKONDA    1 Branches
DESAIPET    1 Branches
DHOOLIMITTA    1 Branches
DORNAKAL    2 Branches
DUBBAPALLY    1 Branches
DUGGONDI    1 Branches
ENUMAMULA    1 Branches
ETURU NAGARAM    1 Branches
FATHIMA NAGAR    1 Branches
GHANAPUR    1 Branches
GOPALPURAM    1 Branches
GORREKUNTA    1 Branches
HANUMANKONDA    1 Branches
HASANPARTHI    1 Branches
I.E WARANGAL    1 Branches
JANGAON    2 Branches
KAKATIYA UNIVERSITY    1 Branches
KASIBUGGA WARANGAL    1 Branches
KAZIPET    1 Branches
KESAMUDRAM    2 Branches
KHILESHAPURAM    1 Branches
KODAKANDLA    1 Branches
MADIKONDA    1 Branches
MAHABUBABAD    2 Branches
MAIN BR    2 Branches
MARIPEDA    1 Branches
MARIPEDA BUNGLOW    1 Branches
MGM HOSPITAL    1 Branches
MOGULLAPALLE    1 Branches
MULUG    1 Branches
MULUG ROAD BR    1 Branches
N I T BR    1 Branches
NARSAMPET    1 Branches
NARSIMLUPET    1 Branches
NAYEEMNAGAR    1 Branches
NEKKONDA    1 Branches
NELLIKUDURU    1 Branches
NGOS COLONY    1 Branches
NUZENDLA    1 Branches
OAD ZO WARANGAL    1 Branches
PALAKURTHI    1 Branches
PARKAL    1 Branches
PARKAL ADB    1 Branches
PEDAVANGARA    1 Branches
PEDDAMUPPARAM    1 Branches
RAIPARTHY    1 Branches
RASMECCC WARANGAL    1 Branches
RBO MAHABOOBNAGAR    1 Branches
RCPC WARANGAL    1 Branches
SERVICE BR    1 Branches
SHAYAMPET    1 Branches
SHIVA NAGAR    1 Branches
SHIVUNIPALLY    1 Branches
SIB BRANCH WARANGAL    1 Branches
SIDDAPUR    1 Branches
STATION GHANPUR    1 Branches
SUBEDARI    1 Branches
THORRUR    1 Branches
TREASURY HANAMKONDA    1 Branches
VELAIR    1 Branches
WADDEPALLI    1 Branches
WARDHANNAPET    1 Branches
WARDHANNAPET ADB    1 Branches
YERRAGATTUGUTTA    1 Branches

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Rate Date : 29/11/24

We found 99 Branches available for STATE BANK OF INDIA, ANDHRA PRADESH, WARANGAL

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.