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State Bank of India · Bapatla

SBIN0007432: State Bank of India, Parchur

IFSC code SBIN0007432 belongs to the Parchur branch of State Bank of India in Bapatla, Andhra Pradesh. Its MICR code is 523002662.

IFSC
SBIN0007432
MICR
523002662
Bank
State Bank of India
Branch
Parchur
District
Bapatla
State
Andhra Pradesh

Branch address

State Bank of India
Distprakasam Andhra Pradesh 523169

Open in a map · Pincode 523169: 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 007432 is the code of the Parchur branch. In the MICR code 523002662, 523 is the city, 002 the bank and 662 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 Parchur branch (Bapatla, Andhra Pradesh) is SBIN0007432.

  2. 523002662. MICR is printed at the bottom of the branch's cheques.

  3. Distprakasam Andhra Pradesh 523169

  4. RBI's list shows this branch on NEFT, RTGS, IMPS and UPI. Use the IFSC SBIN0007432 with the beneficiary's account number.

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