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State Bank of India · Siddarath NGR

SBIN0005326: State Bank of India, Velair

IFSC code SBIN0005326 belongs to the Velair branch of State Bank of India in Siddarath NGR, Andhra Pradesh. Its MICR code is 506002009.

IFSC
SBIN0005326
MICR
506002009
Bank
State Bank of India
Branch
Velair
District
Siddarath NGR
State
Andhra Pradesh

Branch address

State Bank of India
Siddarathngr Rec Post, Fathimangr, Kazipet, Warangal, Ap

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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 005326 is the code of the Velair branch. In the MICR code 506002009, 506 is the city, 002 the bank and 009 the branch.

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 Velair branch (Siddarath NGR, Andhra Pradesh) is SBIN0005326.

  2. 506002009. MICR is printed at the bottom of the branch's cheques.

  3. Siddarathngr Rec Post, Fathimangr, Kazipet, Warangal, Ap

  4. RBI's list shows this branch on NEFT, RTGS, IMPS and UPI. Use the IFSC SBIN0005326 with the beneficiary's account number.

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