State Bank of India RACPC HYDERABAD Branch IFSC Code

SBIN 0020994
State Bank of India Logo State Bank of India
RACPC HYDERABAD — HYDERABAD, ANDHRA PRADESH
MICR: 500004332 RTGS: ✓ NEFT: ✓ IMPS: ✓ UPI: ✓

Branch Details

Bank
State Bank of India
Branch
RACPC HYDERABAD
IFSC Code
SBIN0020994
MICR Code
500004332
Address
4 1 327 TO 337 4TH F SAGAR PLAZA BANK STREETABIDS HYDERABAD
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City
HYDERABAD
District
HYDERABAD
State
ANDHRA PRADESH
Contact
+914024761306

How to Use This IFSC Code

NEFT Transfer

Use IFSC code SBIN0020994 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 SBIN0020994.

IMPS Transfer

IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code SBIN0020994.

IFSC Code Structure

S
B
I
N
0
0
2
0
9
9
4
  • SBIN — Bank code (State Bank of India)
  • 0 — Reserved (always 0)
  • 020994 — Branch code (RACPC HYDERABAD)

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Frequently Asked Questions

Is SBIN0020994 valid for online transfer?
Yes, SBIN0020994 is a valid IFSC code for State Bank of India RACPC HYDERABAD branch in HYDERABAD, ANDHRA PRADESH. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does SBIN0020994 belong to?
SBIN0020994 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 RACPC HYDERABAD is 500004332. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using SBIN0020994?
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.