State Bank of India MITHILAPURI COLONY ROAD,MADHURAWADA Branch IFSC Code

SBIN 0016024
State Bank of India Logo State Bank of India
MITHILAPURI COLONY ROAD,MADHURAWADA — VISAKHAPATNAM, ANDHRA PRADESH
MICR: 530002080 RTGS: ✓ NEFT: ✓ IMPS: ✓ UPI: ✓

Branch Details

Bank
State Bank of India
Branch
MITHILAPURI COLONY ROAD,MADHURAWADA
IFSC Code
SBIN0016024
MICR Code
530002080
Address
GROUND FLOOR, D.NO.1 173/5, ANNAPURNA ARCADE, MITHILAPURI COL. ROAD, MADHURAWADA, VISAKHAPATNAM. ANDHRA PRADESH 530041
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City
VISAKHAPATNAM
District
VISAKHAPATNAM
State
ANDHRA PRADESH

How to Use This IFSC Code

NEFT Transfer

Use IFSC code SBIN0016024 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 SBIN0016024.

IMPS Transfer

IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code SBIN0016024.

IFSC Code Structure

S
B
I
N
0
0
1
6
0
2
4
  • SBIN — Bank code (State Bank of India)
  • 0 — Reserved (always 0)
  • 016024 — Branch code (MITHILAPURI COLONY ROAD,MADHURAWADA)

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Frequently Asked Questions

Is SBIN0016024 valid for online transfer?
Yes, SBIN0016024 is a valid IFSC code for State Bank of India MITHILAPURI COLONY ROAD,MADHURAWADA branch in VISAKHAPATNAM, ANDHRA PRADESH. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does SBIN0016024 belong to?
SBIN0016024 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 MITHILAPURI COLONY ROAD,MADHURAWADA is 530002080. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using SBIN0016024?
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.