State Bank of India VISHAKHAPATNAM P M PALEM Branch IFSC Code

SBIN 0020963
State Bank of India Logo State Bank of India
VISHAKHAPATNAM P M PALEM — VISHAKAPATNAM, ANDHRA PRADESH
MICR: 530002331 RTGS: ✓ NEFT: ✓ IMPS: ✓ UPI: ✓

Branch Details

Bank
State Bank of India
Branch
VISHAKHAPATNAM P M PALEM
IFSC Code
SBIN0020963
MICR Code
530002331
Address
HHMMHUVHKPM
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City
VISHAKAPATNAM
District
VISHAKAPATNAM
State
ANDHRA PRADESH
Contact
+918912782956

How to Use This IFSC Code

NEFT Transfer

Use IFSC code SBIN0020963 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 SBIN0020963.

IMPS Transfer

IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code SBIN0020963.

IFSC Code Structure

S
B
I
N
0
0
2
0
9
6
3
  • SBIN — Bank code (State Bank of India)
  • 0 — Reserved (always 0)
  • 020963 — Branch code (VISHAKHAPATNAM P M PALEM)

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Frequently Asked Questions

Is SBIN0020963 valid for online transfer?
Yes, SBIN0020963 is a valid IFSC code for State Bank of India VISHAKHAPATNAM P M PALEM branch in VISHAKAPATNAM, ANDHRA PRADESH. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does SBIN0020963 belong to?
SBIN0020963 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 VISHAKHAPATNAM P M PALEM is 530002331. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using SBIN0020963?
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.