State Bank of India, Palem branch
Nizamabad, Nizamabad district, Andhra Pradesh
IFSC code
SBIN0020738
MICR code
503002685Branch code
020738Branch details
| Bank | State Bank of India |
|---|---|
| Branch | Palem |
| IFSC code | SBIN0020738 |
| MICR code | 503002685 |
| Address | UAIKAPUSANAMBLMORTAMANALNIZAMABA (map) |
| City | Nizamabad |
| District | Nizamabad |
| State | Andhra Pradesh |
| Phone | +918463288517 |
| NEFT | Yes |
| RTGS | Yes |
| IMPS | Yes |
| UPI | Yes |
How to use IFSC SBIN0020738
To send money to an account at the State Bank of India Palem branch, add the beneficiary in your net banking or banking app with their account number, name and the IFSC code SBIN0020738, 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 SBIN0020738, SBIN identifies State Bank of India, the 5th character is always 0, and 020738 identifies this branch. The MICR code 503002685 is printed at the bottom of cheques issued by the branch.
Other State Bank of India branches in Nizamabad
Frequently asked questions
What is the IFSC code of State Bank of India Palem branch?
The IFSC code of State Bank of India, Palem branch (Nizamabad, Andhra Pradesh) is SBIN0020738.
What is the MICR code of State Bank of India Palem?
The MICR code of this branch is 503002685.
Does State Bank of India Palem support RTGS and IMPS?
RTGS: yes. IMPS: yes. NEFT: yes.