State Bank of India NAGAD Branch IFSC Code

SBIN 0020429
State Bank of India Logo State Bank of India
NAGAD — AURANGABAD, MAHARASHTRA
MICR: 431002597 RTGS: ✓ NEFT: ✓ IMPS: ✓ UPI: ✓

Branch Details

Bank
State Bank of India
Branch
NAGAD
IFSC Code
SBIN0020429
MICR Code
431002597
Address
QUG SC
Open in Google Maps
City
AURANGABAD
District
AURANGABAD
State
MAHARASHTRA
Contact
+912589232234

How to Use This IFSC Code

NEFT Transfer

Use IFSC code SBIN0020429 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 SBIN0020429.

IMPS Transfer

IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code SBIN0020429.

IFSC Code Structure

S
B
I
N
0
0
2
0
4
2
9
  • SBIN — Bank code (State Bank of India)
  • 0 — Reserved (always 0)
  • 020429 — Branch code (NAGAD)

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Frequently Asked Questions

Is SBIN0020429 valid for online transfer?
Yes, SBIN0020429 is a valid IFSC code for State Bank of India NAGAD branch in AURANGABAD, MAHARASHTRA. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does SBIN0020429 belong to?
SBIN0020429 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 NAGAD is 431002597. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using SBIN0020429?
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.