SBIN0022119 IFSC Code, STATE BANK OF INDIA, PLATINUM BRANCH HYDERABAD

IFSC Code of State Bank Of India, Platinum Branch Hyderabad, Telangana IFSC CODE & MICR CODE

STATE BANK OF INDIA, PLATINUM BRANCH HYDERABAD - SBIN0022119

  • Bank name: STATE BANK OF INDIA

Bank Address: Plot 1100, Road No 36, Jubilee Hills, Hyderabad Telangana 500033

  • IFSC Code sbin0022119
  • Bank Code SBIN
  • Bank name STATE BANK OF INDIA
  • Bank contact number +918885555687
  • Bank branch PLATINUM BRANCH HYDERABAD
  • Bank ISO3166 Code IN-TG
  • Bank Center HYDERABAD
  • MICR Code 500002512
  • State name TELANGANA
  • District name HYDERABAD
  • City name HYDERABAD
  • Swift SBININBBH35
  • 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, PLATINUM BRANCH HYDERABAD branch is SBIN0022119, ensures that your transactions are directed to the correct branch.

How to Use SBIN0022119 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 PLATINUM BRANCH HYDERABAD 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.