State Bank of India, Raikal branch

Karim Nagar, Karim Nagar district, Andhra Pradesh

IFSC code
SBIN0020264
MICR code
505002524
Branch code
020264

Branch details

BankState Bank of India
BranchRaikal
IFSC codeSBIN0020264
MICR code505002524
AddressHDPED1189HUTEPEDIKKIGDT (map)
CityKarim Nagar
DistrictKarim Nagar
StateAndhra Pradesh
Phone+918724283241
NEFTYes
RTGSYes
IMPSYes
UPIYes

How to use IFSC SBIN0020264

To send money to an account at the State Bank of India Raikal branch, add the beneficiary in your net banking or banking app with their account number, name and the IFSC code SBIN0020264, then pay by NEFT, RTGS or IMPS.

  • NEFT — any amount, settled in half-hourly batches, available 24×7.
  • RTGS — for ₹2 lakh and above, settled instantly.
  • IMPS — instant transfer up to ₹5 lakh, available 24×7.

In SBIN0020264, SBIN identifies State Bank of India, the 5th character is always 0, and 020264 identifies this branch. The MICR code 505002524 is printed at the bottom of cheques issued by the branch.

Other State Bank of India branches in Karim Nagar

Frequently asked questions

What is the IFSC code of State Bank of India Raikal branch?

The IFSC code of State Bank of India, Raikal branch (Karim Nagar, Andhra Pradesh) is SBIN0020264.

What is the MICR code of State Bank of India Raikal?

The MICR code of this branch is 505002524.

Does State Bank of India Raikal support RTGS and IMPS?

RTGS: yes. IMPS: yes. NEFT: yes.