State Bank of India PALASA Branch IFSC Code
SBIN 0001006
State Bank of India PALASA — SRIKAKULAM, ANDHRA PRADESH
MICR: 532002102
RTGS: ✓
NEFT: ✓
IMPS: ✓
UPI: ✓
Branch Details
- Bank
- State Bank of India
- Branch
- PALASA
- IFSC Code
- SBIN0001006
- MICR Code
- 532002102
- City
- SRIKAKULAM
- District
- PALASA
- State
- ANDHRA PRADESH
How to Use This IFSC Code
NEFT Transfer
Use IFSC code SBIN0001006 to send money via NEFT to this branch. NEFT transfers are processed in hourly batches during working hours. No minimum amount required.
RTGS Transfer
This branch supports RTGS for high-value instant transfers above ₹2 lakhs. Use the same IFSC code SBIN0001006.
IMPS Transfer
IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code SBIN0001006.
IFSC Code Structure
S
B
I
N
0
0
0
1
0
0
6
- SBIN — Bank code (State Bank of India)
- 0 — Reserved (always 0)
- 001006 — Branch code (PALASA)
Nearby State Bank of India Branches in SRIKAKULAM
NARASANNAPETA
SBIN0000753
DIST SRIKAKULAM, ANDHRA PRADESH 532421
MICR: 532002542 RTGS ✓ NEFT ✓ IMPS ✓
PALAKONDA
SBIN0000766
DIST SRIKAKULAM, ANDHRA PRADESH 532440
MICR: 532002502 RTGS ✓ NEFT ✓ IMPS ✓
SRIKAKULAM
SBIN0000919
G T RD., SRIKAKULAM - 532001
MICR: 532002002 RTGS ✓ NEFT ✓ IMPS ✓
SOMPETA
SBIN0000964
MAIN ROAD,DIST SRIKAKULAM, ANDHRA PRADESH 532284
MICR: 532002562 RTGS ✓ NEFT ✓ IMPS ✓
TEKKALI
SBIN0000966
DISTSRIKAKULAM ANDHRA PRADESH 532201
MICR: 532002522 RTGS ✓ NEFT ✓ IMPS ✓
Frequently Asked Questions
Is SBIN0001006 valid for online transfer?
Yes, SBIN0001006 is a valid IFSC code for State Bank of India PALASA branch in SRIKAKULAM, ANDHRA PRADESH. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does SBIN0001006 belong to?
SBIN0001006 belongs to State Bank of India. The first 4 characters "SBIN" identify the bank.
What is the MICR code for this branch?
The MICR code for State Bank of India PALASA is 532002102. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using SBIN0001006?
Yes, this branch supports RTGS (Real Time Gross Settlement). RTGS is used for high-value instant transfers above ₹2 lakhs. Available on working days during RBI specified hours.