State Bank of India NAGEWADI Branch IFSC Code

SBIN 0020506
State Bank of India Logo State Bank of India
NAGEWADI — JALNA, MAHARASHTRA
MICR: 431002615 RTGS: ✓ NEFT: ✓ IMPS: ✓ UPI: ✓

Branch Details

Bank
State Bank of India
Branch
NAGEWADI
IFSC Code
SBIN0020506
MICR Code
431002615
Address
FBUILDINGADDLMIDJALNATQJALNADIST
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City
JALNA
District
JALNA
State
MAHARASHTRA
Contact
+912482220307

How to Use This IFSC Code

NEFT Transfer

Use IFSC code SBIN0020506 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 SBIN0020506.

IMPS Transfer

IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code SBIN0020506.

IFSC Code Structure

S
B
I
N
0
0
2
0
5
0
6
  • SBIN — Bank code (State Bank of India)
  • 0 — Reserved (always 0)
  • 020506 — Branch code (NAGEWADI)

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Frequently Asked Questions

Is SBIN0020506 valid for online transfer?
Yes, SBIN0020506 is a valid IFSC code for State Bank of India NAGEWADI branch in JALNA, MAHARASHTRA. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does SBIN0020506 belong to?
SBIN0020506 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 NAGEWADI is 431002615. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using SBIN0020506?
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.