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SBIN0020531: State Bank of India, Machareddy

SBIN0020531 is the IFSC code of the Machareddy branch of State Bank of India in Nizamabad, Andhra Pradesh. Use it to send money to accounts at this branch by NEFT, RTGS or IMPS.

IFSC code
SBIN0020531
Branch
Machareddy
MICR code
503002643
Address
Hreyxrospostnlvikreynizbist
City
Nizamabad
State
Andhra Pradesh
Transfers
NEFT availableRTGS availableIMPS availableUPI available

What SBIN0020531 means

  • SBIN: the bank, State Bank of India
  • 0: always zero, kept for future use
  • 020531: the Machareddy branch

To send money, add the account number, the account holder's name and SBIN0020531 as a payee in your banking app. NEFT and IMPS work round the clock; RTGS is for ₹2 lakh or more.

Other State Bank of India branches in Nizamabad

All State Bank of India branches in Nizamabad

Other banks in Nizamabad

Frequently asked questions

Which bank and branch is SBIN0020531?

SBIN0020531 belongs to State Bank of India, Machareddy branch, Hreyxrospostnlvikreynizbist.

What is the MICR code of State Bank of India, Machareddy?

The MICR code is 503002643. It is printed at the bottom of cheques from this branch.

Can I use SBIN0020531 for RTGS and IMPS?

NEFT, RTGS, IMPS transfers are enabled for this branch.

Sources

Last checked on 19 September 2026. IFSC data comes from RBI’s list, refreshed monthly. Banks sometimes merge or move branches; confirm the code on your cheque book or with your bank before a large transfer.