State Bank of India MALKHED Branch IFSC Code

SBIN 0020355
State Bank of India Logo State Bank of India
MALKHED — GULBERGA, KARNATAKA
MICR: 585002037 RTGS: ✓ NEFT: ✓ IMPS: ✓ UPI: ✓

Branch Details

Bank
State Bank of India
Branch
MALKHED
IFSC Code
SBIN0020355
MICR Code
585002037
Address
EQUBRR81
Open in Google Maps
City
GULBERGA
District
GULBERGA
State
KARNATAKA
Contact
+918441280340

How to Use This IFSC Code

NEFT Transfer

Use IFSC code SBIN0020355 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 SBIN0020355.

IMPS Transfer

IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code SBIN0020355.

IFSC Code Structure

S
B
I
N
0
0
2
0
3
5
5
  • SBIN — Bank code (State Bank of India)
  • 0 — Reserved (always 0)
  • 020355 — Branch code (MALKHED)

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Frequently Asked Questions

Is SBIN0020355 valid for online transfer?
Yes, SBIN0020355 is a valid IFSC code for State Bank of India MALKHED branch in GULBERGA, KARNATAKA. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does SBIN0020355 belong to?
SBIN0020355 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 MALKHED is 585002037. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using SBIN0020355?
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.