State Bank of India RACC PALAKONDA Branch IFSC Code

SBIN 0062690
State Bank of India Logo State Bank of India
RACC PALAKONDA — AMARAVATI, ANDHRA PRADESH
MICR: 532002025 RTGS: ✓ NEFT: ✓ IMPS: ✓ UPI: ✓

Branch Details

Bank
State Bank of India
Branch
RACC PALAKONDA
IFSC Code
SBIN0062690
MICR Code
532002025
Address
5 6 43 1,TARVANNIPETA,WARD NO3,MANDAPETDIST EAST GODAVARIANDHRA PRADESH533308
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City
AMARAVATI
District
AMARAVATI
State
ANDHRA PRADESH

How to Use This IFSC Code

NEFT Transfer

Use IFSC code SBIN0062690 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 SBIN0062690.

IMPS Transfer

IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code SBIN0062690.

IFSC Code Structure

S
B
I
N
0
0
6
2
6
9
0
  • SBIN — Bank code (State Bank of India)
  • 0 — Reserved (always 0)
  • 062690 — Branch code (RACC PALAKONDA)

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Frequently Asked Questions

Is SBIN0062690 valid for online transfer?
Yes, SBIN0062690 is a valid IFSC code for State Bank of India RACC PALAKONDA branch in AMARAVATI, ANDHRA PRADESH. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does SBIN0062690 belong to?
SBIN0062690 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 RACC PALAKONDA is 532002025. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using SBIN0062690?
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.