IFSC Code of State Bank of India, NEW MARKET MALAKPET, HYDERABAD

SBIN0063932

BankState Bank of India
IFSC CodeSBIN0063932
Branch Code063932 (last six characters of IFSC)
BranchNEW MARKET MALAKPET
City / DistrictHYDERABAD
StateTELANGANA

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State Bank of India NEW MARKET MALAKPET IFSC Code

The NEW MARKET MALAKPET branch of State Bank of India located in HYDERABAD, TELANGANA is identified by the IFSC code SBIN0063932. 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 SBIN0063932

  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 SBIN0063932 to identify the NEW MARKET MALAKPET 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, NEW MARKET MALAKPET?
The IFSC code is SBIN0063932.

What is the branch code?
The branch code is 063932, the last six characters of the IFSC code.