State Bank of India VELPANUR Branch IFSC Code

SBIN 0008494
State Bank of India Logo State Bank of India
VELPANUR — KURNOOL, ANDHRA PRADESH
MICR: 518002523 RTGS: ✓ NEFT: ✓ IMPS: ✓ UPI: ✓

Branch Details

Bank
State Bank of India
Branch
VELPANUR
IFSC Code
SBIN0008494
MICR Code
518002523
Address
DIST KURNOOL, A P 518535
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City
KURNOOL
District
VELGODU
State
ANDHRA PRADESH

How to Use This IFSC Code

NEFT Transfer

Use IFSC code SBIN0008494 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 SBIN0008494.

IMPS Transfer

IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code SBIN0008494.

IFSC Code Structure

S
B
I
N
0
0
0
8
4
9
4
  • SBIN — Bank code (State Bank of India)
  • 0 — Reserved (always 0)
  • 008494 — Branch code (VELPANUR)

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Frequently Asked Questions

Is SBIN0008494 valid for online transfer?
Yes, SBIN0008494 is a valid IFSC code for State Bank of India VELPANUR branch in KURNOOL, ANDHRA PRADESH. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does SBIN0008494 belong to?
SBIN0008494 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 VELPANUR is 518002523. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using SBIN0008494?
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.