State Bank of India — VELPUR Branch

NIZAMABAD, ANDHRA PRADESH

IFSC Code SBIN0020399
MICR Code 503002686

Available Services

IMPS RTGS NEFT UPI

Branch Details

Bank Name State Bank of India
Branch Name VELPUR
IFSC Code SBIN0020399
MICR Code 503002686
SWIFT Code N/A
Address AAA SC
City NIZAMABAD
District NIZAMABAD
State ANDHRA PRADESH
Contact Number +918463275045

How to Use SBIN0020399 for Money Transfers

The IFSC code SBIN0020399 is specifically assigned to the VELPUR branch of State Bank of India located in NIZAMABAD, ANDHRA PRADESH. This unique code is mandatory for routing electronic payments correctly within India.

NEFT Transfer

Use SBIN0020399 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 SBIN0020399 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 SBIN0020399 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 VELPUR Branch

The VELPUR branch of State Bank of India is situated in NIZAMABAD, ANDHRA PRADESH. The branch address is AAA SC. This branch supports electronic payment services including NEFT, RTGS, IMPS, and UPI. You can contact this branch at +918463275045. Always use the IFSC code SBIN0020399 when making any online fund transfer to an account held at this branch.

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