SBIN0016431 IFSC Code, STATE BANK OF INDIA, MANGALDAS NAGAR

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

STATE BANK OF INDIA, MANGALDAS NAGAR - SBIN0016431

  • Bank name: STATE BANK OF INDIA

Bank Address: D.no.8 20 34/a, Sitarama Nagar, 4th Lane, Mangaldas Nagar, Guntur. Distt.guntur. Andhra Pradesh 522001

  • IFSC Code sbin0016431
  • Bank Code SBIN
  • Bank name STATE BANK OF INDIA
  • Bank contact number
  • Bank branch MANGALDAS NAGAR
  • Bank ISO3166 Code IN-AP
  • Bank Center GUNTUR
  • MICR Code 520002131
  • State name ANDHRA PRADESH
  • District name GUNTUR
  • City name GUNTUR
  • 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, MANGALDAS NAGAR branch is SBIN0016431, ensures that your transactions are directed to the correct branch.

How to Use SBIN0016431 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 MANGALDAS NAGAR 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.