IFSC Code of State Bank of India, VINAYAK NAGAR, NIZAMABAD

SBIN0020881

BankState Bank of India
IFSC CodeSBIN0020881
Branch Code020881 (last six characters of IFSC)
BranchVINAYAK NAGAR
City / DistrictNIZAMABAD
StateANDHRA PRADESH

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State Bank of India VINAYAK NAGAR IFSC Code

The VINAYAK NAGAR branch of State Bank of India located in NIZAMABAD, ANDHRA PRADESH is identified by the IFSC code SBIN0020881. 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 SBIN0020881

  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 SBIN0020881 to identify the VINAYAK NAGAR 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, VINAYAK NAGAR?
The IFSC code is SBIN0020881.

What is the branch code?
The branch code is 020881, the last six characters of the IFSC code.