State Bank of India PALEM Branch IFSC Code
SBIN 0020738
State Bank of India PALEM — NIZAMABAD, ANDHRA PRADESH
MICR: 503002685
RTGS: ✓
NEFT: ✓
IMPS: ✓
UPI: ✓
Branch Details
- Bank
- State Bank of India
- Branch
- PALEM
- IFSC Code
- SBIN0020738
- MICR Code
- 503002685
- City
- NIZAMABAD
- District
- NIZAMABAD
- State
- ANDHRA PRADESH
- Contact
- +918463288517
How to Use This IFSC Code
NEFT Transfer
Use IFSC code SBIN0020738 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 SBIN0020738.
IMPS Transfer
IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code SBIN0020738.
IFSC Code Structure
S
B
I
N
0
0
2
0
7
3
8
- SBIN — Bank code (State Bank of India)
- 0 — Reserved (always 0)
- 020738 — Branch code (PALEM)
Nearby State Bank of India Branches in NIZAMABAD
ARMOOR
SBIN0004190
MAHALAKSHMI ROAD DISTT NIZAMABAD ANDHRA PRADESH 503224
MICR: 503002224 RTGS ✓ NEFT ✓ IMPS ✓
KAMAREDDY
SBIN0005073
5-3-53, NH-7 ROAD, KAMAREDDY,DISTT. NIZAMABAD, ANDHRA PRADESH 503 111
MICR: 503002102 RTGS ✓ NEFT ✓ IMPS ✓
BODHAN
SBIN0005152
H NO. 1-4-246, MAIN ROAD, BODHAN-503185
MICR: 503002185 RTGS ✓ NEFT ✓ IMPS ✓
NIZAMABAD
SBIN0005324
GODOWN ROAD NIZAMABAD ANDHRA PRADESH PIN 503001
MICR: 503002002 RTGS ✓ NEFT ✓ IMPS ✓
SHRADHANANDGUNJ
SBIN0007169
H.NO.6 2412 BY 37,PLOT NO.37,NIZAMABAD
MICR: 503002002 RTGS ✓ NEFT ✓ IMPS ✓
Frequently Asked Questions
Is SBIN0020738 valid for online transfer?
Yes, SBIN0020738 is a valid IFSC code for State Bank of India PALEM branch in NIZAMABAD, ANDHRA PRADESH. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does SBIN0020738 belong to?
SBIN0020738 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 PALEM is 503002685. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using SBIN0020738?
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.