State Bank of India RAMAYAMPET Branch IFSC Code

SBIN 0020504
State Bank of India Logo State Bank of India
RAMAYAMPET — MEDAK, ANDHRA PRADESH
MICR: 502002624 RTGS: ✓ NEFT: ✓ IMPS: ✓ UPI: ✓

Branch Details

Bank
State Bank of India
Branch
RAMAYAMPET
IFSC Code
SBIN0020504
MICR Code
502002624
Address
AAAEEAS
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City
MEDAK
District
MEDAK
State
ANDHRA PRADESH
Contact
+918452224417

How to Use This IFSC Code

NEFT Transfer

Use IFSC code SBIN0020504 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 SBIN0020504.

IMPS Transfer

IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code SBIN0020504.

IFSC Code Structure

S
B
I
N
0
0
2
0
5
0
4
  • SBIN — Bank code (State Bank of India)
  • 0 — Reserved (always 0)
  • 020504 — Branch code (RAMAYAMPET)

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Frequently Asked Questions

Is SBIN0020504 valid for online transfer?
Yes, SBIN0020504 is a valid IFSC code for State Bank of India RAMAYAMPET branch in MEDAK, ANDHRA PRADESH. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does SBIN0020504 belong to?
SBIN0020504 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 RAMAYAMPET is 502002624. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using SBIN0020504?
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.