State Bank of India MATUL Branch IFSC Code

SBIN 0020699
State Bank of India Logo State Bank of India
MATUL — NANDED, MAHARASHTRA
MICR: 431002575 RTGS: ✓ NEFT: ✓ IMPS: ✓ UPI: ✓

Branch Details

Bank
State Bank of India
Branch
MATUL
IFSC Code
SBIN0020699
MICR Code
431002575
Address
UHKDSCDD
Open in Google Maps
City
NANDED
District
NANDED
State
MAHARASHTRA
Contact
+912467233017

How to Use This IFSC Code

NEFT Transfer

Use IFSC code SBIN0020699 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 SBIN0020699.

IMPS Transfer

IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code SBIN0020699.

IFSC Code Structure

S
B
I
N
0
0
2
0
6
9
9
  • SBIN — Bank code (State Bank of India)
  • 0 — Reserved (always 0)
  • 020699 — Branch code (MATUL)

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Frequently Asked Questions

Is SBIN0020699 valid for online transfer?
Yes, SBIN0020699 is a valid IFSC code for State Bank of India MATUL branch in NANDED, MAHARASHTRA. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does SBIN0020699 belong to?
SBIN0020699 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 MATUL is 431002575. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using SBIN0020699?
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.