State Bank of India BASAR Branch IFSC Code

SBIN 0020358
State Bank of India Logo State Bank of India
BASAR — ADILABAD, ANDHRA PRADESH
MICR: 504002505 RTGS: ✓ NEFT: ✓ IMPS: ✓ UPI: ✓

Branch Details

Bank
State Bank of India
Branch
BASAR
IFSC Code
SBIN0020358
MICR Code
504002505
Address
UHLTQAILABAISTRICT
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City
ADILABAD
District
ADILABAD
State
ANDHRA PRADESH
Contact
+918752243508

How to Use This IFSC Code

NEFT Transfer

Use IFSC code SBIN0020358 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 SBIN0020358.

IMPS Transfer

IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code SBIN0020358.

IFSC Code Structure

S
B
I
N
0
0
2
0
3
5
8
  • SBIN — Bank code (State Bank of India)
  • 0 — Reserved (always 0)
  • 020358 — Branch code (BASAR)

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Frequently Asked Questions

Is SBIN0020358 valid for online transfer?
Yes, SBIN0020358 is a valid IFSC code for State Bank of India BASAR branch in ADILABAD, ANDHRA PRADESH. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does SBIN0020358 belong to?
SBIN0020358 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 BASAR is 504002505. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using SBIN0020358?
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.