SBIN0012218 IFSC Code, STATE BANK OF INDIA, MADGUL

IFSC Code of State Bank Of India, Madgul, Andhra Pradesh IFSC CODE & MICR CODE

STATE BANK OF INDIA, MADGUL - SBIN0012218

Bank name: STATE BANK OF INDIA

Bank Address: C By O Mpdo Office Premises,mehboobnagar Dist Madgul,ap 509327

IFSC Code sbin0012218
Bank Code SBIN
Bank name STATE BANK OF INDIA
Bank contact number
Bank branch MADGUL
Bank ISO3166 Code IN-AP
Bank Center MEHBOOBNAGAR
MICR Code 509002702
State name ANDHRA PRADESH
District name MEHBOOBNAGAR
City name MADGUL
Swift Swift not provided
IMPS No
NEFT No
UPI No
RTGS No

What is an IFSC Code?

The Indian Financial System Code (IFSC) is an 11-character alphanumeric code used to uniquely identify a bank branch for online fund transfers. The IFSC code for STATE BANK OF INDIA, MADGUL branch is SBIN0012218, ensures that your transactions are directed to the correct branch.

How to Use SBIN0012218 for Transactions?

NEFT: Use the IFSC code to transfer funds quickly to accounts in other banks.
RTGS: For high-value transactions, the IFSC code ensures your payment is processed instantly.
IMPS: The IFSC code allows 24/7 fund transfers, including weekends and holidays.

What is a MICR Code?

The Magnetic Ink Character Recognition (MICR) code is a 9-digit code used for processing paper-based transactions, such as cheques. For the MADGUL branch, this code complements the IFSC code for efficient banking operations.

Benefits of Using the Correct IFSC Code

Accuracy: Ensures your funds are directed to the right branch.
Security: Prevents fraudulent transactions by uniquely identifying each branch.