State Bank of India SAGAR NAGAR Branch IFSC Code
SBIN 0020862
State Bank of India SAGAR NAGAR — VISHAKAPATNAM, ANDHRA PRADESH
MICR: 530002324
RTGS: ✓
NEFT: ✓
IMPS: ✓
UPI: ✓
Branch Details
- Bank
- State Bank of India
- Branch
- SAGAR NAGAR
- IFSC Code
- SBIN0020862
- MICR Code
- 530002324
- City
- VISHAKAPATNAM
- District
- VISHAKAPATNAM
- State
- ANDHRA PRADESH
- Contact
- +918912798369
How to Use This IFSC Code
NEFT Transfer
Use IFSC code SBIN0020862 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 SBIN0020862.
IMPS Transfer
IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code SBIN0020862.
IFSC Code Structure
S
B
I
N
0
0
2
0
8
6
2
- SBIN — Bank code (State Bank of India)
- 0 — Reserved (always 0)
- 020862 — Branch code (SAGAR NAGAR)
Nearby State Bank of India Branches in VISHAKAPATNAM
CHODAVARAM
SBIN0000255
DISTVISAKHAPATNAM, ANDHRA PRADESH 531036
MICR: 530002202 RTGS ✓ NEFT ✓ IMPS ✓
YELLAMANCHILI
SBIN0000752
VISAKHAPATNAMSTATE ANDHRA PRADESHPIN 531055
MICR: 530002522 RTGS ✓ NEFT ✓ IMPS ✓
MAHARANIPETA
SBIN0000754
DIST VISHAKHAPATNAM, ANDHRA PRADESH 530002
MICR: 530002015 RTGS ✓ NEFT ✓ IMPS ✓
ANDHRA UNIVERSITY CAMPUS
SBIN0000772
VISAKHAPATNAM,ANDHRA PRADESH,PIN 530003
MICR: 530002004 RTGS ✓ NEFT ✓ IMPS ✓
ANAKAPALLE
SBIN0000805
NEHRU CHAWK, ANAKAPALLE531001
MICR: 530002102 RTGS ✓ NEFT ✓ IMPS ✓
Frequently Asked Questions
Is SBIN0020862 valid for online transfer?
Yes, SBIN0020862 is a valid IFSC code for State Bank of India SAGAR NAGAR branch in VISHAKAPATNAM, ANDHRA PRADESH. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does SBIN0020862 belong to?
SBIN0020862 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 SAGAR NAGAR is 530002324. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using SBIN0020862?
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.