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

HYDERABAD URBAN, ANDHRA PRADESH

IFSC Code

SBIN0008023

IFSC CodeSBIN0008023
MICR Code500002030
BankState Bank of India
BranchOld Malakpet, Hyderabad
CityHYDERABAD URBAN
DistrictHYDERABAD
StateANDHRA PRADESH
AddressNEAR NALGONDA CROSS ROAD,HYDERABAD
Contactโ€”
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 SBIN0008023

  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: SBIN0008023
  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

SBIN0008023
โ†‘ Bank codeโ†‘ Reservedโ†‘ Branch code

Frequently Asked Questions

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

The IFSC code is SBIN0008023. Use this for NEFT, RTGS, and IMPS transfers to State Bank of India Old Malakpet, Hyderabad branch in HYDERABAD URBAN.

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

The MICR code is 500002030. MICR codes are used for cheque processing, not for digital transfers.

Is SBIN0008023 valid for UPI transfers?

UPI transfers using a UPI ID do not require IFSC โ€” the app resolves it automatically. Use SBIN0008023 only for NEFT, RTGS, or IMPS when adding a bank account manually.