State Bank of India — GAJWEL Branch

MEDAK, ANDHRA PRADESH

IFSC Code SBIN0020102
MICR Code 502002605

Available Services

IMPS RTGS NEFT UPI

Branch Details

Bank Name State Bank of India
Branch Name GAJWEL
IFSC Code SBIN0020102
MICR Code 502002605
SWIFT Code N/A
Address EA SR
City MEDAK
District MEDAK
State ANDHRA PRADESH
Contact Number +918454232323

How to Use SBIN0020102 for Money Transfers

The IFSC code SBIN0020102 is specifically assigned to the GAJWEL branch of State Bank of India located in MEDAK, ANDHRA PRADESH. This unique code is mandatory for routing electronic payments correctly within India.

NEFT Transfer

Use SBIN0020102 when adding this branch as a beneficiary in NEFT transactions. NEFT operates in half-hourly batches from 12:30 AM to 12:00 AM on all days. Enter the IFSC, account number, and account holder name carefully to ensure successful transfer.

RTGS Transfer

For high-value transactions above ₹2 lakh, RTGS offers real-time gross settlement. Use SBIN0020102 along with the beneficiary's exact account number. RTGS is available on working days from 7:00 AM to 6:00 PM.

IMPS & UPI

IMPS and UPI allow instant 24×7 transfers. While UPI apps often auto-resolve the IFSC from the VPA, mobile banking apps require SBIN0020102 when registering a new beneficiary.

Always double-check the account number before confirming any transfer — the IFSC routes funds to the correct branch, but the account number specifies the exact recipient.

⚠ Important Reminder Always verify the beneficiary account number and name before initiating a transfer. An incorrect account number may result in failed or misdirected transactions.

About State Bank of India GAJWEL Branch

The GAJWEL branch of State Bank of India is situated in MEDAK, ANDHRA PRADESH. The branch address is EA SR. This branch supports electronic payment services including NEFT, RTGS, IMPS, and UPI. You can contact this branch at +918454232323. Always use the IFSC code SBIN0020102 when making any online fund transfer to an account held at this branch.

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