IFSC Code of State Bank of India, RACC PALAKONDA, AMARAVATI

SBIN0062690

BankState Bank of India
IFSC CodeSBIN0062690
Branch Code062690 (last six characters of IFSC)
BranchRACC PALAKONDA
City / DistrictAMARAVATI
StateANDHRA PRADESH

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State Bank of India RACC PALAKONDA IFSC Code

The RACC PALAKONDA branch of State Bank of India located in AMARAVATI, ANDHRA PRADESH is identified by the IFSC code SBIN0062690. This 11-character code is issued by the Reserve Bank of India (RBI) and is required for electronic fund transfers such as NEFT, RTGS, IMPS and UPI.

How to transfer money using SBIN0062690

  1. Log in to your bank’s net banking or mobile banking app.
  2. Choose the NEFT, RTGS or IMPS transfer option.
  3. Add the beneficiary with account number and branch name.
  4. Enter IFSC code SBIN0062690 to identify the RACC PALAKONDA branch.
  5. Enter the amount and confirm the transaction.

Difference between IFSC and MICR

AspectIFSC
Full formIndian Financial System Code
PurposeOnline money transfer (NEFT / RTGS / IMPS)
Format11-character alphanumeric
Issued byReserve Bank of India (RBI)

Frequently asked questions

What is the IFSC code of State Bank of India, RACC PALAKONDA?
The IFSC code is SBIN0062690.

What is the branch code?
The branch code is 062690, the last six characters of the IFSC code.