State Bank of India VALAPARLA Branch IFSC Code
SBIN 0004623
State Bank of India VALAPARLA — PRAKASAM, ANDHRA PRADESH
MICR: 523002042
RTGS: ✓
NEFT: ✓
IMPS: ✓
UPI: ✓
Branch Details
- Bank
- State Bank of India
- Branch
- VALAPARLA
- IFSC Code
- SBIN0004623
- MICR Code
- 523002042
- City
- PRAKASAM
- District
- VALAPARLA
- State
- ANDHRA PRADESH
How to Use This IFSC Code
NEFT Transfer
Use IFSC code SBIN0004623 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 SBIN0004623.
IMPS Transfer
IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code SBIN0004623.
IFSC Code Structure
S
B
I
N
0
0
0
4
6
2
3
- SBIN — Bank code (State Bank of India)
- 0 — Reserved (always 0)
- 004623 — Branch code (VALAPARLA)
Nearby State Bank of India Branches in PRAKASAM
PODILI
SBIN0000268
DISTPRAKASAM ANDHRA PRADESH 523240
MICR: 523002582 RTGS ✓ NEFT ✓ IMPS ✓
ADDANKI
SBIN0000751
DIST PRAKASAM STATE ANDHRA PRADESH PIN 523201
MICR: 523002642 RTGS ✓ NEFT ✓ IMPS ✓
GIDDALUR
SBIN0000788
DIST PRAKASAM, ANDHRA PRADESH 523357
MICR: 523002522 RTGS ✓ NEFT ✓ IMPS ✓
KANDUKUR
SBIN0000854
DISTPRAKASAM ANDHRA PRADESH 523105
MICR: 523002682 RTGS ✓ NEFT ✓ IMPS ✓
MARKAPUR
SBIN0000873
MARKAPUR
MICR: 523002202 RTGS ✓ NEFT ✓ IMPS ✓
Frequently Asked Questions
Is SBIN0004623 valid for online transfer?
Yes, SBIN0004623 is a valid IFSC code for State Bank of India VALAPARLA branch in PRAKASAM, ANDHRA PRADESH. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does SBIN0004623 belong to?
SBIN0004623 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 VALAPARLA is 523002042. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using SBIN0004623?
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.