IFSC Code of State Bank of India, NALEGAON, LATUR

SBIN0020409

BankState Bank of India
IFSC CodeSBIN0020409
Branch Code020409 (last six characters of IFSC)
BranchNALEGAON
City / DistrictLATUR
StateMAHARASHTRA

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State Bank of India NALEGAON IFSC Code

The NALEGAON branch of State Bank of India located in LATUR, MAHARASHTRA is identified by the IFSC code SBIN0020409. 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 SBIN0020409

  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 SBIN0020409 to identify the NALEGAON 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, NALEGAON?
The IFSC code is SBIN0020409.

What is the branch code?
The branch code is 020409, the last six characters of the IFSC code.