State Bank of India SHANKARAMPET Branch IFSC Code

SBIN 0020271
State Bank of India Logo State Bank of India
SHANKARAMPET — MEDAK, ANDHRA PRADESH
MICR: 502002507 RTGS: ✓ NEFT: ✓ IMPS: ✓ UPI: ✓

Branch Details

Bank
State Bank of India
Branch
SHANKARAMPET
IFSC Code
SBIN0020271
MICR Code
502002507
Address
NOETQMEKISTRICT
Open in Google Maps
City
MEDAK
District
MEDAK
State
ANDHRA PRADESH
Contact
+918450274230

How to Use This IFSC Code

NEFT Transfer

Use IFSC code SBIN0020271 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 SBIN0020271.

IMPS Transfer

IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code SBIN0020271.

IFSC Code Structure

S
B
I
N
0
0
2
0
2
7
1
  • SBIN — Bank code (State Bank of India)
  • 0 — Reserved (always 0)
  • 020271 — Branch code (SHANKARAMPET)

Nearby State Bank of India Branches in MEDAK

View all State Bank of India branches in MEDAK →

Frequently Asked Questions

Is SBIN0020271 valid for online transfer?
Yes, SBIN0020271 is a valid IFSC code for State Bank of India SHANKARAMPET branch in MEDAK, ANDHRA PRADESH. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does SBIN0020271 belong to?
SBIN0020271 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 SHANKARAMPET is 502002507. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using SBIN0020271?
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.