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State Bank of India · Medchal Malkajgiri

SBIN0061242: State Bank of India, Rock Town Nagole Road

IFSC code SBIN0061242 belongs to the Rock Town Nagole Road branch of State Bank of India in Medchal Malkajgiri, Telangana. Its MICR code is 500002547.

IFSC
SBIN0061242
MICR
500002547
Bank
State Bank of India
Branch
Rock Town Nagole Road
District
Medchal Malkajgiri
State
Telangana
Phone
+919963198767

Branch address

State Bank of India
H No 3-12-68-1-1 and 2-GF Vaishnovi TNRS Apartments,SBI Racpc Building, Rocktown,Mansoorabad, Saroornagar Mandal , R R Dist. 500068 Telangana

Open in a map · Pincode 500068: 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 061242 is the code of the Rock Town Nagole Road branch. In the MICR code 500002547, 500 is the city, 002 the bank and 547 the branch.

Other State Bank of India branches in Medchal Malkajgiri

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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  1. The IFSC of State Bank of India's Rock Town Nagole Road branch (Medchal Malkajgiri, Telangana) is SBIN0061242.

  2. 500002547. MICR is printed at the bottom of the branch's cheques.

  3. H No 3-12-68-1-1 and 2-GF Vaishnovi TNRS Apartments,SBI Racpc Building, Rocktown,Mansoorabad, Saroornagar Mandal , R R Dist. 500068 Telangana

  4. RBI's list shows this branch on NEFT, RTGS, IMPS and UPI. Use the IFSC SBIN0061242 with the beneficiary's account number.

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