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State Bank of India · Vaidehinagar

SBIN0016434: State Bank of India, Vaidehinagar

IFSC code SBIN0016434 belongs to the Vaidehinagar branch of State Bank of India in Vaidehinagar, Andhra Pradesh. Its MICR code is 500002205.

IFSC
SBIN0016434
MICR
500002205
Bank
State Bank of India
Branch
Vaidehinagar
District
Vaidehinagar
State
Andhra Pradesh

Branch address

State Bank of India
5 6 331/2/N,Plot No 570 Vaidehi Nagar,Vanasthalli Puram, Hyderabad,500070

Open in a map · Pincode 500070: 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 016434 is the code of the Vaidehinagar branch. In the MICR code 500002205, 500 is the city, 002 the bank and 205 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 Vaidehinagar branch (Vaidehinagar, Andhra Pradesh) is SBIN0016434.

  2. 500002205. MICR is printed at the bottom of the branch's cheques.

  3. 5 6 331/2/N,Plot No 570 Vaidehi Nagar,Vanasthalli Puram, Hyderabad,500070

  4. RBI's list shows this branch on NEFT, RTGS, IMPS and UPI. Use the IFSC SBIN0016434 with the beneficiary's account number.

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