State Bank of India DHANEGAON MIDC Branch IFSC Code

SBIN 0020425
State Bank of India Logo State Bank of India
DHANEGAON MIDC — NANDED, MAHARASHTRA
MICR: 431002113 RTGS: ✓ NEFT: ✓ IMPS: ✓ UPI: ✓

Branch Details

Bank
State Bank of India
Branch
DHANEGAON MIDC
IFSC Code
SBIN0020425
MICR Code
431002113
Address
5BBHENDEKARCOMPLEXSECTORNONHOPPOSITELICOFFICECIDCO
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City
NANDED
District
NANDED
State
MAHARASHTRA
Contact
+912462226407

How to Use This IFSC Code

NEFT Transfer

Use IFSC code SBIN0020425 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 SBIN0020425.

IMPS Transfer

IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code SBIN0020425.

IFSC Code Structure

S
B
I
N
0
0
2
0
4
2
5
  • SBIN — Bank code (State Bank of India)
  • 0 — Reserved (always 0)
  • 020425 — Branch code (DHANEGAON MIDC)

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Frequently Asked Questions

Is SBIN0020425 valid for online transfer?
Yes, SBIN0020425 is a valid IFSC code for State Bank of India DHANEGAON MIDC branch in NANDED, MAHARASHTRA. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does SBIN0020425 belong to?
SBIN0020425 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 DHANEGAON MIDC is 431002113. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using SBIN0020425?
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.