State Bank of India Balganur Branch โ€” IFSC Code

RAICHUR, KARNATAKA

IFSC Code

SBIN0020216

IFSC CodeSBIN0020216
MICR Code584002205
BankState Bank of India
BranchBalganur
CityRAICHUR
DistrictRAICHUR
StateKARNATAKA
AddressIDARTQRAICRDITRICT
Contact+918535258622
NEFT EnabledYes โœ…
RTGS EnabledYes โœ…
IMPS EnabledYes โœ…
UPI EnabledYes โœ…

๐Ÿ“…Data sourced from RBI IFSC directory. Last verified: May 2026.Verify at State Bank of India official site โ†’

How to Use IFSC Code SBIN0020216

  1. 1. Login to your bank's mobile app or net banking
  2. 2. Go to Fund Transfer โ†’ Add Beneficiary
  3. 3. Enter recipient's account number + IFSC: SBIN0020216
  4. 4. Wait 30 minโ€“24 hrs for beneficiary activation
  5. 5. Transfer via NEFT (free) or RTGS (โ‚น2L+, instant)

IFSC Code Format โ€” State Bank of India

SBIN0020216
โ†‘ Bank codeโ†‘ Reservedโ†‘ Branch code

Frequently Asked Questions

What is the IFSC code of State Bank of India Balganur?

The IFSC code is SBIN0020216. Use this for NEFT, RTGS, and IMPS transfers to State Bank of India Balganur branch in RAICHUR.

What is the MICR code of State Bank of India Balganur?

The MICR code is 584002205. MICR codes are used for cheque processing, not for digital transfers.

Is SBIN0020216 valid for UPI transfers?

UPI transfers using a UPI ID do not require IFSC โ€” the app resolves it automatically. Use SBIN0020216 only for NEFT, RTGS, or IMPS when adding a bank account manually.