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State Bank of India · Penpahad

SBIN0009501: State Bank of India, Cheedella

IFSC code SBIN0009501 belongs to the Cheedella branch of State Bank of India in Penpahad, Andhra Pradesh. Its MICR code is 508002565.

IFSC
SBIN0009501
MICR
508002565
Bank
State Bank of India
Branch
Cheedella
District
Penpahad
State
Andhra Pradesh

Branch address

State Bank of India
Mungal Mandal, DT Nalgonda, A P 508233

Open in a map · Pincode 508233: 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 009501 is the code of the Cheedella branch. In the MICR code 508002565, 508 is the city, 002 the bank and 565 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 Cheedella branch (Penpahad, Andhra Pradesh) is SBIN0009501.

  2. 508002565. MICR is printed at the bottom of the branch's cheques.

  3. Mungal Mandal, DT Nalgonda, A P 508233

  4. RBI's list shows this branch on NEFT, RTGS, IMPS and UPI. Use the IFSC SBIN0009501 with the beneficiary's account number.

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