SBIN0015975: State Bank of India, Koratla
IFSC code SBIN0015975 belongs to the Koratla branch of State Bank of India in Koratla, Andhra Pradesh. Its MICR code is 505002901.
- IFSC
- SBIN0015975
- MICR
- 505002901
- Branch
- Koratla
- District
- Koratla
- State
- Andhra Pradesh
Branch address
State Bank of India
D.No.1 4 238, Main Road, Koratla, Dist Karimnagar, Andhra Pradesh 505 326.
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 015975 is the code of the Koratla branch. In the MICR code 505002901, 505 is the city, 002 the bank and 901 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 Koratla branch (Koratla, Andhra Pradesh) is SBIN0015975.
505002901. MICR is printed at the bottom of the branch's cheques.
D.No.1 4 238, Main Road, Koratla, Dist Karimnagar, Andhra Pradesh 505 326.
RBI's list shows this branch on NEFT, RTGS, IMPS and UPI. Use the IFSC SBIN0015975 with the beneficiary's account number.
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