STATE BANK OF INDIA MACHAREDDY IFSC Code

    SBIN0020531
    Verified

    IFSC Code Breakdown

    SBIN

    Bank Code

    0

    Zero

    020531

    Branch Code

    Note: The 5th character is always the digit zero (0), not the letter O.

    Branch Details for SBIN0020531

    Bank

    STATE BANK OF INDIA

    Branch

    MACHAREDDY

    IFSC Code

    SBIN0020531

    MICR Code

    503002643

    Address

    HREYXROSPOSTNLVIKREYNIZBIST

    City

    NIZAMABAD

    District

    NIZAMABAD

    State

    ANDHRA PRADESH

    STD Code

    8468

    Phone

    252140

    How to Use This IFSC

    NEFT: Use this IFSC for National Electronic Funds Transfer. Available 24x7.

    RTGS: Use for Real Time Gross Settlement for amounts ≥₹2 lakh.

    IMPS: For Immediate Payment Service, available 24x7 for instant transfers.

    Last Updated: Feb 2026

    About this Branch

    The MACHAREDDY branch of STATE BANK OF INDIA is located in NIZAMABAD, ANDHRA PRADESH. This branch handles NEFT, RTGS, and IMPS transactions for the NIZAMABAD area. The IFSC code SBIN0020531 is required for all electronic fund transfers to this branch.

    Frequently Asked Questions

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