State Bank of India MARATHWADA Branch IFSC Code

SBIN 0020906
State Bank of India Logo State Bank of India
MARATHWADA — AURANGABAD, MAHARASHTRA
MICR: 431002040 RTGS: ✓ NEFT: ✓ IMPS: ✓ UPI: ✓

Branch Details

Bank
State Bank of India
Branch
MARATHWADA
IFSC Code
SBIN0020906
MICR Code
431002040
Address
AAHAASAHIYAPAISHABSOUIACOLONYNEAPAIHANGAEAUANGABA
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City
AURANGABAD
District
AURANGABAD
State
MAHARASHTRA
Contact
+912402320719

How to Use This IFSC Code

NEFT Transfer

Use IFSC code SBIN0020906 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 SBIN0020906.

IMPS Transfer

IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code SBIN0020906.

IFSC Code Structure

S
B
I
N
0
0
2
0
9
0
6
  • SBIN — Bank code (State Bank of India)
  • 0 — Reserved (always 0)
  • 020906 — Branch code (MARATHWADA)

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Frequently Asked Questions

Is SBIN0020906 valid for online transfer?
Yes, SBIN0020906 is a valid IFSC code for State Bank of India MARATHWADA branch in AURANGABAD, MAHARASHTRA. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does SBIN0020906 belong to?
SBIN0020906 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 MARATHWADA is 431002040. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using SBIN0020906?
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.