SBIN0020531
State Bank of India
Branch
MACHAREDDY
City
NIZAMABAD
State
ANDHRA PRADESH
Branch Details
IFSC CodeSBIN0020531
BankState Bank of India
BranchMACHAREDDY
AddressHREYXROSPOSTNLVIKREYNIZBIST
CityNIZAMABAD
DistrictNIZAMABAD
StateANDHRA PRADESH
What does SBIN0020531 mean?
SBIN0020531
SBIN — Bank code. Identifies State Bank of India. All branches of State Bank of India share this prefix.
0 — Reserved character. Always zero in every IFSC code in India.
020531 — Branch code. Uniquely identifies the MACHAREDDY branch within State Bank of India.
Transfer Methods
NEFT (not supported)
RTGS (not supported)
IMPS (not supported)
How to use this IFSC code
1
Open your bank's app or net banking
Go to Fund Transfer or Add Beneficiary.
2
Enter the recipient's account number
Double-check every digit — transfers cannot be reversed.
3
Enter IFSC code SBIN0020531
Select State Bank of India and enter SBIN0020531 for the MACHAREDDY branch.
4
Choose transfer method
Use NEFT for transfers up to ₹2 lakh, RTGS for ₹2 lakh and above.
Other State Bank of India branches
ZAHEERABAD
MEDAK DT A P PIN 502220
SIKIRI
DISTGANJAM ORISSA 761102
ALIPUR
PONASARPURA,DT,PATNA,BIHAR
BHAISWAN
DIST PATNA,BIHAR
SARASAT
DIST.PATNASTATE.BIHAR
Frequently Asked Questions
- Which bank branch does IFSC code SBIN0020531 belong to?
- IFSC code SBIN0020531 belongs to State Bank of India, MACHAREDDY branch, located at HREYXROSPOSTNLVIKREYNIZBIST, NIZAMABAD, ANDHRA PRADESH.
- What is the MICR code for SBIN0020531?
- The MICR code is not available for SBIN0020531.
- Does SBIN0020531 support NEFT, RTGS, and IMPS transfers?
- State Bank of India MACHAREDDY (SBIN0020531): NEFT — not supported; RTGS — not supported; IMPS — not supported.
- What does the code SBIN mean in IFSC SBIN0020531?
- The first four characters SBIN identify State Bank of India. The fifth character is always 0. The last six characters 020531 identify the specific branch.
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