IFSC Code of State Bank of India, MANGALDAS NAGAR, GUNTUR

SBIN0016431

BankState Bank of India
IFSC CodeSBIN0016431
Branch Code016431 (last six characters of IFSC)
BranchMANGALDAS NAGAR
City / DistrictGUNTUR
StateANDHRA PRADESH

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State Bank of India MANGALDAS NAGAR IFSC Code

The MANGALDAS NAGAR branch of State Bank of India located in GUNTUR, ANDHRA PRADESH is identified by the IFSC code SBIN0016431. 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 SBIN0016431

  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 SBIN0016431 to identify the MANGALDAS NAGAR 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, MANGALDAS NAGAR?
The IFSC code is SBIN0016431.

What is the branch code?
The branch code is 016431, the last six characters of the IFSC code.