State Bank of India MADAJ Branch IFSC Code

SBIN 0020624
State Bank of India Logo State Bank of India
MADAJ — OSMANABAD, MAHARASHTRA
MICR: 413002621 RTGS: ✓ NEFT: ✓ IMPS: ✓ UPI: ✓

Branch Details

Bank
State Bank of India
Branch
MADAJ
IFSC Code
SBIN0020624
MICR Code
413002621
Address
U RRC NB
Open in Google Maps
City
OSMANABAD
District
OSMANABAD
State
MAHARASHTRA
Contact
+912475258826

How to Use This IFSC Code

NEFT Transfer

Use IFSC code SBIN0020624 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 SBIN0020624.

IMPS Transfer

IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code SBIN0020624.

IFSC Code Structure

S
B
I
N
0
0
2
0
6
2
4
  • SBIN — Bank code (State Bank of India)
  • 0 — Reserved (always 0)
  • 020624 — Branch code (MADAJ)

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Frequently Asked Questions

Is SBIN0020624 valid for online transfer?
Yes, SBIN0020624 is a valid IFSC code for State Bank of India MADAJ branch in OSMANABAD, MAHARASHTRA. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does SBIN0020624 belong to?
SBIN0020624 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 MADAJ is 413002621. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using SBIN0020624?
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.