IFSC Code of State Bank of India, MARKET STREET PALAKOL, WEST GODAVARI

SBIN0012992

BankState Bank of India
IFSC CodeSBIN0012992
Branch Code012992 (last six characters of IFSC)
BranchMARKET STREET PALAKOL
City / DistrictWEST GODAVARI
StateANDHRA PRADESH

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State Bank of India MARKET STREET PALAKOL IFSC Code

The MARKET STREET PALAKOL branch of State Bank of India located in WEST GODAVARI, ANDHRA PRADESH is identified by the IFSC code SBIN0012992. 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 SBIN0012992

  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 SBIN0012992 to identify the MARKET STREET PALAKOL 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, MARKET STREET PALAKOL?
The IFSC code is SBIN0012992.

What is the branch code?
The branch code is 012992, the last six characters of the IFSC code.