IFSC Code of State Bank of India, NEREDCHERLA, NALGONDA

SBIN0020323

BankState Bank of India
IFSC CodeSBIN0020323
Branch Code020323 (last six characters of IFSC)
BranchNEREDCHERLA
City / DistrictNALGONDA
StateANDHRA PRADESH

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State Bank of India NEREDCHERLA IFSC Code

The NEREDCHERLA branch of State Bank of India located in NALGONDA, ANDHRA PRADESH is identified by the IFSC code SBIN0020323. 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 SBIN0020323

  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 SBIN0020323 to identify the NEREDCHERLA 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, NEREDCHERLA?
The IFSC code is SBIN0020323.

What is the branch code?
The branch code is 020323, the last six characters of the IFSC code.