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State Bank of India · Mahbubnagar

SBIN0005874: State Bank of India, Makhtal Adb

IFSC code SBIN0005874 belongs to the Makhtal Adb branch of State Bank of India in Mahbubnagar, Andhra Pradesh. Its MICR code is 509002522.

IFSC
SBIN0005874
MICR
509002522
Bank
State Bank of India
Branch
Makhtal Adb
District
Mahbubnagar
State
Andhra Pradesh

Branch address

State Bank of India
Distmahbubnagar Andhra Pradesh 509241

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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 005874 is the code of the Makhtal Adb branch. In the MICR code 509002522, 509 is the city, 002 the bank and 522 the branch.

Other State Bank of India branches in Mahbubnagar

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 Makhtal Adb branch (Mahbubnagar, Andhra Pradesh) is SBIN0005874.

  2. 509002522. MICR is printed at the bottom of the branch's cheques.

  3. Distmahbubnagar Andhra Pradesh 509241

  4. RBI's list shows this branch on NEFT, RTGS, IMPS and UPI. Use the IFSC SBIN0005874 with the beneficiary's account number.

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