State Bank of India Eligaid Branch โ€” IFSC Code

KARIM NAGAR, ANDHRA PRADESH

IFSC Code

SBIN0020474

IFSC CodeSBIN0020474
MICR Code505002588
BankState Bank of India
BranchEligaid
CityKARIM NAGAR
DistrictKARIM NAGAR
StateANDHRA PRADESH
AddressINGIT
Contact+918782238461
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 SBIN0020474

  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: SBIN0020474
  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

SBIN0020474
โ†‘ Bank codeโ†‘ Reservedโ†‘ Branch code

Frequently Asked Questions

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

The IFSC code is SBIN0020474. Use this for NEFT, RTGS, and IMPS transfers to State Bank of India Eligaid branch in KARIM NAGAR.

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

The MICR code is 505002588. MICR codes are used for cheque processing, not for digital transfers.

Is SBIN0020474 valid for UPI transfers?

UPI transfers using a UPI ID do not require IFSC โ€” the app resolves it automatically. Use SBIN0020474 only for NEFT, RTGS, or IMPS when adding a bank account manually.