IFSC Code of State Bank of India, SAGAR NAGAR, VISHAKAPATNAM

SBIN0020862

BankState Bank of India
IFSC CodeSBIN0020862
Branch Code020862 (last six characters of IFSC)
BranchSAGAR NAGAR
City / DistrictVISHAKAPATNAM
StateANDHRA PRADESH

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State Bank of India SAGAR NAGAR IFSC Code

The SAGAR NAGAR branch of State Bank of India located in VISHAKAPATNAM, ANDHRA PRADESH is identified by the IFSC code SBIN0020862. 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 SBIN0020862

  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 SBIN0020862 to identify the SAGAR 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, SAGAR NAGAR?
The IFSC code is SBIN0020862.

What is the branch code?
The branch code is 020862, the last six characters of the IFSC code.