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State Bank of India · Medak

SBIN0020537: State Bank of India, Eddumailaram

IFSC code SBIN0020537 belongs to the Eddumailaram branch of State Bank of India in Medak, Andhra Pradesh. Its MICR code is 500002479.

IFSC
SBIN0020537
MICR
500002479
Bank
State Bank of India
Branch
Eddumailaram
District
Medak
State
Andhra Pradesh
Phone
+918455238236

Branch address

State Bank of India
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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 020537 is the code of the Eddumailaram branch. In the MICR code 500002479, 500 is the city, 002 the bank and 479 the branch.

Other State Bank of India branches in Medak

All 41 State Bank of India branches in Medak

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 Eddumailaram branch (Medak, Andhra Pradesh) is SBIN0020537.

  2. 500002479. MICR is printed at the bottom of the branch's cheques.

  3. Greytqmekit

  4. RBI's list shows this branch on NEFT, RTGS, IMPS and UPI. Use the IFSC SBIN0020537 with the beneficiary's account number.

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