IFSC Code of State Bank of India, KHUDAVANPUR, NIZAMABAD

SBIN0020550

BankState Bank of India
IFSC CodeSBIN0020550
Branch Code020550 (last six characters of IFSC)
BranchKHUDAVANPUR
City / DistrictNIZAMABAD
StateANDHRA PRADESH

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State Bank of India KHUDAVANPUR IFSC Code

The KHUDAVANPUR branch of State Bank of India located in NIZAMABAD, ANDHRA PRADESH is identified by the IFSC code SBIN0020550. 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 SBIN0020550

  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 SBIN0020550 to identify the KHUDAVANPUR 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, KHUDAVANPUR?
The IFSC code is SBIN0020550.

What is the branch code?
The branch code is 020550, the last six characters of the IFSC code.