IFSC Code of State Bank of India, BILOLI, NANDED

SBIN0020053

BankState Bank of India
IFSC CodeSBIN0020053
Branch Code020053 (last six characters of IFSC)
BranchBILOLI
City / DistrictNANDED
StateMAHARASHTRA

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State Bank of India BILOLI IFSC Code

The BILOLI branch of State Bank of India located in NANDED, MAHARASHTRA is identified by the IFSC code SBIN0020053. 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 SBIN0020053

  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 SBIN0020053 to identify the BILOLI 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, BILOLI?
The IFSC code is SBIN0020053.

What is the branch code?
The branch code is 020053, the last six characters of the IFSC code.