State Bank of India KOTAKONDA Branch IFSC Code

SBIN 0020387
State Bank of India Logo State Bank of India
KOTAKONDA — MEHBOOBNAGAR, ANDHRA PRADESH
MICR: 509002766 RTGS: ✓ NEFT: ✓ IMPS: ✓ UPI: ✓

Branch Details

Bank
State Bank of India
Branch
KOTAKONDA
IFSC Code
SBIN0020387
MICR Code
509002766
Address
QBUBNRDISRIC
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City
MEHBOOBNAGAR
District
MEHBOOBNAGAR
State
ANDHRA PRADESH
Contact
+918506285024

How to Use This IFSC Code

NEFT Transfer

Use IFSC code SBIN0020387 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 SBIN0020387.

IMPS Transfer

IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code SBIN0020387.

IFSC Code Structure

S
B
I
N
0
0
2
0
3
8
7
  • SBIN — Bank code (State Bank of India)
  • 0 — Reserved (always 0)
  • 020387 — Branch code (KOTAKONDA)

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Frequently Asked Questions

Is SBIN0020387 valid for online transfer?
Yes, SBIN0020387 is a valid IFSC code for State Bank of India KOTAKONDA branch in MEHBOOBNAGAR, ANDHRA PRADESH. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does SBIN0020387 belong to?
SBIN0020387 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 KOTAKONDA is 509002766. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using SBIN0020387?
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.