State Bank of India Racpc Hyderabad Branch โ IFSC Code
HYDERABAD, ANDHRA PRADESH
IFSC Code
SBIN0020994
| IFSC Code | SBIN0020994 |
| MICR Code | 500004332 |
| Bank | State Bank of India |
| Branch | Racpc Hyderabad |
| City | HYDERABAD |
| District | HYDERABAD |
| State | ANDHRA PRADESH |
| Address | 4 1 327 TO 337 4TH F SAGAR PLAZA BANK STREETABIDS HYDERABAD |
| Contact | +914024761306 |
| NEFT Enabled | Yes โ |
| RTGS Enabled | Yes โ |
| IMPS Enabled | Yes โ |
| UPI Enabled | Yes โ |
๐ Data sourced from RBI IFSC directory. Last verified: May 2026.Verify at State Bank of India official site โ
How to Use IFSC Code SBIN0020994
- 1. Login to your bank's mobile app or net banking
- 2. Go to Fund Transfer โ Add Beneficiary
- 3. Enter recipient's account number + IFSC: SBIN0020994
- 4. Wait 30 minโ24 hrs for beneficiary activation
- 5. Transfer via NEFT (free) or RTGS (โน2L+, instant)
IFSC Code Format โ State Bank of India
SBIN0020994
โ Bank codeโ Reservedโ Branch code
Frequently Asked Questions
What is the IFSC code of State Bank of India Racpc Hyderabad?
The IFSC code is SBIN0020994. Use this for NEFT, RTGS, and IMPS transfers to State Bank of India Racpc Hyderabad branch in HYDERABAD.
What is the MICR code of State Bank of India Racpc Hyderabad?
The MICR code is 500004332. MICR codes are used for cheque processing, not for digital transfers.
Is SBIN0020994 valid for UPI transfers?
UPI transfers using a UPI ID do not require IFSC โ the app resolves it automatically. Use SBIN0020994 only for NEFT, RTGS, or IMPS when adding a bank account manually.