State Bank of India — DHANEGAON MIDC Branch

NANDED, MAHARASHTRA

IFSC Code SBIN0020425
MICR Code 431002113

Available Services

IMPS RTGS NEFT UPI

Branch Details

Bank Name State Bank of India
Branch Name DHANEGAON MIDC
IFSC Code SBIN0020425
MICR Code 431002113
SWIFT Code N/A
Address 5BBHENDEKARCOMPLEXSECTORNONHOPPOSITELICOFFICECIDCO
City NANDED
District NANDED
State MAHARASHTRA
Contact Number +912462226407

How to Use SBIN0020425 for Money Transfers

The IFSC code SBIN0020425 is specifically assigned to the DHANEGAON MIDC branch of State Bank of India located in NANDED, MAHARASHTRA. This unique code is mandatory for routing electronic payments correctly within India.

NEFT Transfer

Use SBIN0020425 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 SBIN0020425 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 SBIN0020425 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 DHANEGAON MIDC Branch

The DHANEGAON MIDC branch of State Bank of India is situated in NANDED, MAHARASHTRA. The branch address is 5BBHENDEKARCOMPLEXSECTORNONHOPPOSITELICOFFICECIDCO. This branch supports electronic payment services including NEFT, RTGS, IMPS, and UPI. You can contact this branch at +912462226407. Always use the IFSC code SBIN0020425 when making any online fund transfer to an account held at this branch.

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