SBIN0014240: State Bank of India, Palakurthi
IFSC code SBIN0014240 belongs to the Palakurthi branch of State Bank of India in Palakurthi, Andhra Pradesh. Its MICR code is 506002505.
- IFSC
- SBIN0014240
- MICR
- 506002505
- Branch
- Palakurthi
- District
- Palakurthi
- State
- Andhra Pradesh
Branch address
State Bank of India
Opp Primary Health Centre,Mondrai Rd Palakurthi,Warangal District,Andhra Pradesh 506252
Open in a map · Pincode 506252: post offices and area
Payment systems
| System | On RBI's list for this branch | What it is for |
|---|---|---|
| NEFT | Yes | Transfers of any amount, settled in half-hourly batches, all day |
| RTGS | Yes | Large transfers (₹2 lakh and above), settled one by one in real time |
| IMPS | Yes | Instant transfers, any time, usually for smaller amounts |
| UPI | Yes | Payments 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 014240 is the code of the Palakurthi branch. In the MICR code 506002505, 506 is the city, 002 the bank and 505 the branch.
IFSC and your loan
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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.
The IFSC of State Bank of India's Palakurthi branch (Palakurthi, Andhra Pradesh) is SBIN0014240.
506002505. MICR is printed at the bottom of the branch's cheques.
Opp Primary Health Centre,Mondrai Rd Palakurthi,Warangal District,Andhra Pradesh 506252
RBI's list shows this branch on NEFT, RTGS, IMPS and UPI. Use the IFSC SBIN0014240 with the beneficiary's account number.
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