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State Bank of India · Hyderabad

SBIN0062243: State Bank of India, Income Tax Colony Hyderabad

IFSC code SBIN0062243 belongs to the Income Tax Colony Hyderabad branch of State Bank of India in Hyderabad, Telangana. Its MICR code is 500002557.

IFSC
SBIN0062243
MICR
500002557
Bank
State Bank of India
Branch
Income Tax Colony Hyderabad
District
Hyderabad
State
Telangana
Phone
+919849425169

Branch address

State Bank of India
Hno 8 2 603 23 3 and 15 Road No 10 Banjarahills Hyderabad 500034

Open in a map · Pincode 500034: 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 062243 is the code of the Income Tax Colony Hyderabad branch. In the MICR code 500002557, 500 is the city, 002 the bank and 557 the branch.

Other State Bank of India branches in Hyderabad

All 63 State Bank of India branches in Hyderabad

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 Income Tax Colony Hyderabad branch (Hyderabad, Telangana) is SBIN0062243.

  2. 500002557. MICR is printed at the bottom of the branch's cheques.

  3. Hno 8 2 603 23 3 and 15 Road No 10 Banjarahills Hyderabad 500034

  4. RBI's list shows this branch on NEFT, RTGS, IMPS and UPI. Use the IFSC SBIN0062243 with the beneficiary's account number.

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