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State Bank of India · Vemulawada

SBIN0017241: State Bank of India, Vemulawada

IFSC code SBIN0017241 belongs to the Vemulawada branch of State Bank of India in Vemulawada, Andhra Pradesh. Its MICR code is 505002504.

IFSC
SBIN0017241
MICR
505002504
Bank
State Bank of India
Branch
Vemulawada
District
Vemulawada
State
Andhra Pradesh
Phone
+919652612321

Branch address

State Bank of India
8583ckoratla Bus Stand Roadnear Market Yardvemulawada Distt.Karimnagar. Andhra Pradesh505302

Open in a map · Pincode 505302: 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 017241 is the code of the Vemulawada branch. In the MICR code 505002504, 505 is the city, 002 the bank and 504 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 Vemulawada branch (Vemulawada, Andhra Pradesh) is SBIN0017241.

  2. 505002504. MICR is printed at the bottom of the branch's cheques.

  3. 8583ckoratla Bus Stand Roadnear Market Yardvemulawada Distt.Karimnagar. Andhra Pradesh505302

  4. RBI's list shows this branch on NEFT, RTGS, IMPS and UPI. Use the IFSC SBIN0017241 with the beneficiary's account number.

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