SBIN0020994: State Bank of India, Racpc Hyderabad
IFSC code SBIN0020994 belongs to the Racpc Hyderabad branch of State Bank of India in Visakhapatanam, Andhra Pradesh. Its MICR code is 500004332.
- IFSC
- SBIN0020994
- MICR
- 500004332
- Branch
- Racpc Hyderabad
- District
- Visakhapatanam
- State
- Andhra Pradesh
- Phone
- +914024761306
Branch address
State Bank of India
4 1 327 to 337 4th F Sagar Plaza Bank Streetabids Hyderabad
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 020994 is the code of the Racpc Hyderabad branch. In the MICR code 500004332, 500 is the city, 004 the bank and 332 the branch.
Other State Bank of India branches in Visakhapatanam
All 368 State Bank of India branches in Visakhapatanam
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.
- Personal loan and business loan — apply once, see offers from several lenders.
- EMI calculator — the monthly payment for any amount and tenure.
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 Racpc Hyderabad branch (Visakhapatanam, Andhra Pradesh) is SBIN0020994.
500004332. MICR is printed at the bottom of the branch's cheques.
4 1 327 to 337 4th F Sagar Plaza Bank Streetabids Hyderabad
RBI's list shows this branch on NEFT, RTGS, IMPS and UPI. Use the IFSC SBIN0020994 with the beneficiary's account number.
Ready to get started?
Pick a loan, share a few details and see the offers you may be eligible for — no obligation.
- One application
- Paperless, AA-based
- No obligation