IFSC Code of State Bank of India, RAIDURG, RANGA REDDY

SBIN0020540

BankState Bank of India
IFSC CodeSBIN0020540
Branch Code020540 (last six characters of IFSC)
BranchRAIDURG
City / DistrictRANGA REDDY
StateANDHRA PRADESH

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State Bank of India RAIDURG IFSC Code

The RAIDURG branch of State Bank of India located in RANGA REDDY, ANDHRA PRADESH is identified by the IFSC code SBIN0020540. 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 SBIN0020540

  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 SBIN0020540 to identify the RAIDURG 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, RAIDURG?
The IFSC code is SBIN0020540.

What is the branch code?
The branch code is 020540, the last six characters of the IFSC code.