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State Bank of India · Bapatla

SBIN0004623: State Bank of India, Valaparla

IFSC code SBIN0004623 belongs to the Valaparla branch of State Bank of India in Bapatla, Andhra Pradesh. Its MICR code is 523002042.

IFSC
SBIN0004623
MICR
523002042
Bank
State Bank of India
Branch
Valaparla
District
Bapatla
State
Andhra Pradesh

Branch address

State Bank of India
Dist Prakasam,A P 523260

Open in a map · Pincode 523260: post offices and area

Payment systems

SystemOn RBI's list for this branchWhat it is for
NEFTYesTransfers of any amount, settled in half-hourly batches, all day
RTGSYesLarge transfers (₹2 lakh and above), settled one by one in real time
IMPSYesInstant transfers, any time, usually for smaller amounts
UPIYesPayments by UPI ID or mobile number from apps

Reading this IFSC

SBIN is State Bank of India's bank code, the fifth character 0 is kept for future use, and 004623 is the code of the Valaparla branch. In the MICR code 523002042, 523 is the city, 002 the bank and 042 the branch.

Other State Bank of India branches in Bapatla

All 38 State Bank of India branches in Bapatla

IFSC and your loan

When you take a loan through Oxon Fintech, the lending partner (a bank or NBFC) pays the money straight into your own bank account, so the application asks for your account number and its IFSC. Check both against your passbook or cheque book: a wrong IFSC can delay the payment. Oxon never asks for your OTP, PIN, CVV or passwords.

Data: the Reserve Bank of India's list of NEFT and RTGS bank branches, as compiled by Razorpay's open-source IFSC dataset. Bank details change from time to time (branches merge, move or close); confirm the IFSC with your bank or on your cheque book before you send money. Oxon Fintech is a loan platform, not a bank, and is not linked to the banks listed.

01 FAQ

Common questions.

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  1. The IFSC of State Bank of India's Valaparla branch (Bapatla, Andhra Pradesh) is SBIN0004623.

  2. 523002042. MICR is printed at the bottom of the branch's cheques.

  3. Dist Prakasam,A P 523260

  4. RBI's list shows this branch on NEFT, RTGS, IMPS and UPI. Use the IFSC SBIN0004623 with the beneficiary's account number.

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