State Bank of India MALAKPET HYDERABAD Branch IFSC Code

SBIN 0020061
State Bank of India Logo State Bank of India
MALAKPET HYDERABAD — HYDERABAD URBAN, ANDHRA PRADESH
MICR: 500002332 RTGS: ✓ NEFT: ✓ IMPS: ✓ UPI: ✓

Branch Details

Bank
State Bank of India
Branch
MALAKPET HYDERABAD
IFSC Code
SBIN0020061
MICR Code
500002332
Address
SIESAHIFAMSQUEAZAMURAHYDERABAD
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City
HYDERABAD URBAN
District
HYDERABAD URBAN
State
ANDHRA PRADESH
Contact
+914024412022

How to Use This IFSC Code

NEFT Transfer

Use IFSC code SBIN0020061 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 SBIN0020061.

IMPS Transfer

IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code SBIN0020061.

IFSC Code Structure

S
B
I
N
0
0
2
0
0
6
1
  • SBIN — Bank code (State Bank of India)
  • 0 — Reserved (always 0)
  • 020061 — Branch code (MALAKPET HYDERABAD)

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Frequently Asked Questions

Is SBIN0020061 valid for online transfer?
Yes, SBIN0020061 is a valid IFSC code for State Bank of India MALAKPET HYDERABAD branch in HYDERABAD URBAN, ANDHRA PRADESH. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does SBIN0020061 belong to?
SBIN0020061 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 MALAKPET HYDERABAD is 500002332. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using SBIN0020061?
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.