State Bank of India PALASA Branch IFSC Code

SBIN 0020809
State Bank of India Logo State Bank of India
PALASA — SRIKAKULAM, ANDHRA PRADESH
MICR: 532002104 RTGS: ✓ NEFT: ✓ IMPS: ✓ UPI: ✓

Branch Details

Bank
State Bank of India
Branch
PALASA
IFSC Code
SBIN0020809
MICR Code
532002104
Address
N15751KTRADPALASASTDCDE08942
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City
SRIKAKULAM
District
SRIKAKULAM
State
ANDHRA PRADESH
Contact
+918945241354

How to Use This IFSC Code

NEFT Transfer

Use IFSC code SBIN0020809 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 SBIN0020809.

IMPS Transfer

IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code SBIN0020809.

IFSC Code Structure

S
B
I
N
0
0
2
0
8
0
9
  • SBIN — Bank code (State Bank of India)
  • 0 — Reserved (always 0)
  • 020809 — Branch code (PALASA)

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Frequently Asked Questions

Is SBIN0020809 valid for online transfer?
Yes, SBIN0020809 is a valid IFSC code for State Bank of India PALASA branch in SRIKAKULAM, ANDHRA PRADESH. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does SBIN0020809 belong to?
SBIN0020809 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 PALASA is 532002104. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using SBIN0020809?
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.