State Bank of India M G CLOTH MARKET Branch IFSC Code

SBIN 0020975
State Bank of India Logo State Bank of India
M G CLOTH MARKET — EAST GODAVARI, ANDHRA PRADESH
MICR: 533002122 RTGS: ✓ NEFT: ✓ IMPS: ✓ UPI: ✓

Branch Details

Bank
State Bank of India
Branch
M G CLOTH MARKET
IFSC Code
SBIN0020975
MICR Code
533002122
Address
IOJUYEOII
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City
EAST GODAVARI
District
EAST GODAVARI
State
ANDHRA PRADESH
Contact
+918832467463

How to Use This IFSC Code

NEFT Transfer

Use IFSC code SBIN0020975 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 SBIN0020975.

IMPS Transfer

IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code SBIN0020975.

IFSC Code Structure

S
B
I
N
0
0
2
0
9
7
5
  • SBIN — Bank code (State Bank of India)
  • 0 — Reserved (always 0)
  • 020975 — Branch code (M G CLOTH MARKET)

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Frequently Asked Questions

Is SBIN0020975 valid for online transfer?
Yes, SBIN0020975 is a valid IFSC code for State Bank of India M G CLOTH MARKET branch in EAST GODAVARI, ANDHRA PRADESH. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does SBIN0020975 belong to?
SBIN0020975 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 M G CLOTH MARKET is 533002122. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using SBIN0020975?
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.