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State Bank of India · Mahabubnagar

SBIN0016375: State Bank of India, Ganesh Nagar

IFSC code SBIN0016375 belongs to the Ganesh Nagar branch of State Bank of India in Mahabubnagar, Andhra Pradesh. Its MICR code is 509002006.

IFSC
SBIN0016375
MICR
509002006
Bank
State Bank of India
Branch
Ganesh Nagar
District
Mahabubnagar
State
Andhra Pradesh

Branch address

State Bank of India
Raichur Road, Distt. Mahabubnagar. Andhra Pradesh 509 001

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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 016375 is the code of the Ganesh Nagar branch. In the MICR code 509002006, 509 is the city, 002 the bank and 006 the branch.

Other State Bank of India branches in Mahabubnagar

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.

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Common questions.

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  1. The IFSC of State Bank of India's Ganesh Nagar branch (Mahabubnagar, Andhra Pradesh) is SBIN0016375.

  2. 509002006. MICR is printed at the bottom of the branch's cheques.

  3. Raichur Road, Distt. Mahabubnagar. Andhra Pradesh 509 001

  4. RBI's list shows this branch on NEFT, RTGS, IMPS and UPI. Use the IFSC SBIN0016375 with the beneficiary's account number.

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