IFSC Code of State Bank of India, MADHURANAGAR, HYDERABAD

SBIN0022061

BankState Bank of India
IFSC CodeSBIN0022061
Branch Code022061 (last six characters of IFSC)
BranchMADHURANAGAR
City / DistrictHYDERABAD
StateTELANGANA

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State Bank of India MADHURANAGAR IFSC Code

The MADHURANAGAR branch of State Bank of India located in HYDERABAD, TELANGANA is identified by the IFSC code SBIN0022061. 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 SBIN0022061

  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 SBIN0022061 to identify the MADHURANAGAR 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, MADHURANAGAR?
The IFSC code is SBIN0022061.

What is the branch code?
The branch code is 022061, the last six characters of the IFSC code.