State Bank of India Malakpet Hyderabad Branch โ€” IFSC Code

HYDERABAD URBAN, ANDHRA PRADESH

IFSC Code

SBIN0020061

IFSC CodeSBIN0020061
MICR Code500002332
BankState Bank of India
BranchMalakpet Hyderabad
CityHYDERABAD URBAN
DistrictHYDERABAD URBAN
StateANDHRA PRADESH
AddressSIESAHIFAMSQUEAZAMURAHYDERABAD
Contact+914024412022
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 SBIN0020061

  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: SBIN0020061
  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

SBIN0020061
โ†‘ Bank codeโ†‘ Reservedโ†‘ Branch code

Frequently Asked Questions

What is the IFSC code of State Bank of India Malakpet Hyderabad?

The IFSC code is SBIN0020061. Use this for NEFT, RTGS, and IMPS transfers to State Bank of India Malakpet Hyderabad branch in HYDERABAD URBAN.

What is the MICR code of State Bank of India Malakpet Hyderabad?

The MICR code is 500002332. MICR codes are used for cheque processing, not for digital transfers.

Is SBIN0020061 valid for UPI transfers?

UPI transfers using a UPI ID do not require IFSC โ€” the app resolves it automatically. Use SBIN0020061 only for NEFT, RTGS, or IMPS when adding a bank account manually.