State Bank of India FIMM RACC MAHABUBNAGAR Branch IFSC Code

SBIN 0062523
State Bank of India Logo State Bank of India
FIMM RACC MAHABUBNAGAR — MAHABUBNAGAR, TELANGANA
MICR: 509002029 RTGS: ✓ NEFT: ✓ IMPS: ✓ UPI: ✓

Branch Details

Bank
State Bank of India
Branch
FIMM RACC MAHABUBNAGAR
IFSC Code
SBIN0062523
MICR Code
509002029
Address
AYYAPPA COMPLEX, OPP POLICE HEAD QUARTERS, MAHABUBNAGAR
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City
MAHABUBNAGAR
District
MAHABUBNAGAR
State
TELANGANA
Contact
+919848114728

How to Use This IFSC Code

NEFT Transfer

Use IFSC code SBIN0062523 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 SBIN0062523.

IMPS Transfer

IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code SBIN0062523.

IFSC Code Structure

S
B
I
N
0
0
6
2
5
2
3
  • SBIN — Bank code (State Bank of India)
  • 0 — Reserved (always 0)
  • 062523 — Branch code (FIMM RACC MAHABUBNAGAR)

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Frequently Asked Questions

Is SBIN0062523 valid for online transfer?
Yes, SBIN0062523 is a valid IFSC code for State Bank of India FIMM RACC MAHABUBNAGAR branch in MAHABUBNAGAR, TELANGANA. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does SBIN0062523 belong to?
SBIN0062523 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 FIMM RACC MAHABUBNAGAR is 509002029. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using SBIN0062523?
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.