State Bank of India Vishakhapatnam P M Palem Branch โ€” IFSC Code

VISHAKAPATNAM, ANDHRA PRADESH

IFSC Code

SBIN0020963

IFSC CodeSBIN0020963
MICR Code530002331
BankState Bank of India
BranchVishakhapatnam P M Palem
CityVISHAKAPATNAM
DistrictVISHAKAPATNAM
StateANDHRA PRADESH
AddressHHMMHUVHKPM
Contact+918912782956
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 SBIN0020963

  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: SBIN0020963
  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

SBIN0020963
โ†‘ Bank codeโ†‘ Reservedโ†‘ Branch code

Frequently Asked Questions

What is the IFSC code of State Bank of India Vishakhapatnam P M Palem?

The IFSC code is SBIN0020963. Use this for NEFT, RTGS, and IMPS transfers to State Bank of India Vishakhapatnam P M Palem branch in VISHAKAPATNAM.

What is the MICR code of State Bank of India Vishakhapatnam P M Palem?

The MICR code is 530002331. MICR codes are used for cheque processing, not for digital transfers.

Is SBIN0020963 valid for UPI transfers?

UPI transfers using a UPI ID do not require IFSC โ€” the app resolves it automatically. Use SBIN0020963 only for NEFT, RTGS, or IMPS when adding a bank account manually.