RBI Verified CodeVISHAKHAPATNAM, ANDHRA PRADESH

State Bank of India

VENKOJIPALEM Branch • IFSC: SBIN0021242

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Branch Specifications & IFSC Data

Updated 2026
Bank NameState Bank of India
Branch NameVENKOJIPALEM
Complete AddressI9SECTOR1MVPCOLONYNEARVENKOJIPALEMPETROLPUMPVISAKAPATNAM
City / LocalityVISHAKHAPATNAM
DistrictVISHAKHAPATNAM
StateANDHRA PRADESH
Contact Helpline+91 1242 000000
IFSC CodeSBIN0021242
MICR Code530002337
NEFT SupportedEnabled (24x7)
RTGS SupportedEnabled (High Value)
IMPS SupportedInstant 24x7
UPI PaymentsSupported

IFSC Code Breakdown for State Bank of India

The IFSC (Indian Financial System Code) for State Bank of India VENKOJIPALEM branch is SBIN0021242. This 11-digit alphanumeric code is regulated by the Reserve Bank of India (RBI) to uniquely route digital transactions to this specific branch.

Bank IdentifierSBIN

First 4 characters represent State Bank of India.

Control Character0

5th character is always 0 (reserved for RBI).

Branch Code021242

Last 6 digits identify VENKOJIPALEM branch.

Frequently Asked Questions (State Bank of India VENKOJIPALEM)

Q1.What is the IFSC code for State Bank of India VENKOJIPALEM branch?

The IFSC code for State Bank of India VENKOJIPALEM branch is SBIN0021242. This code is assigned by RBI and is required for NEFT, RTGS, and IMPS electronic money transfers.

Q2.What is the address and contact number of State Bank of India VENKOJIPALEM?

The complete address is: I9SECTOR1MVPCOLONYNEARVENKOJIPALEMPETROLPUMPVISAKAPATNAM, VISHAKHAPATNAM, ANDHRA PRADESH. You can reach the branch at +91 1242 000000.

Q3.What is the MICR code of State Bank of India VENKOJIPALEM?

The MICR code for State Bank of India VENKOJIPALEM is 530002337. It is printed at the bottom of cheques used for magnetic ink character recognition during clearing.

Q4.Does State Bank of India VENKOJIPALEM support 24x7 IMPS and NEFT transfers?

Yes, electronic fund transfers including IMPS, NEFT, and RTGS with IFSC SBIN0021242 are available 24x7 all year round as per Reserve Bank of India (RBI) guidelines.

Q5.How can I transfer money using IFSC code SBIN0021242?

Log in to your mobile or net banking app, go to Add Beneficiary, enter the recipient name, account number, and IFSC code SBIN0021242. Once validated, select IMPS, NEFT, or RTGS to execute the payment.

RBI Verification Disclaimer

Information displayed here is sourced from public Reserve Bank of India (RBI) records. While FinCrif rigorously updates branch details, IFSC, and MICR codes, please verify details with the recipient or branch before executing large-value RTGS/NEFT transfers.

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