State Bank of India
NAGAD Branch • IFSC: SBIN0020429
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Branch Specifications & IFSC Data
| Bank Name | State Bank of India |
| Branch Name | NAGAD |
| Complete Address | QUG SC |
| City / Locality | AURANGABAD |
| District | AURANGABAD |
| State | MAHARASHTRA |
| Contact Helpline | +91 2589 000000 |
| IFSC Code | SBIN0020429 |
| MICR Code | 431002597 |
| NEFT Supported | Enabled (24x7) |
| RTGS Supported | Enabled (High Value) |
| IMPS Supported | Instant 24x7 |
| UPI Payments | Supported |
IFSC Code Breakdown for State Bank of India
The IFSC (Indian Financial System Code) for State Bank of India NAGAD branch is SBIN0020429. This 11-digit alphanumeric code is regulated by the Reserve Bank of India (RBI) to uniquely route digital transactions to this specific branch.
First 4 characters represent State Bank of India.
5th character is always 0 (reserved for RBI).
Last 6 digits identify NAGAD branch.
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IFSC: SBIN0020005Frequently Asked Questions (State Bank of India NAGAD)
Q1.What is the IFSC code for State Bank of India NAGAD branch?
The IFSC code for State Bank of India NAGAD branch is SBIN0020429. 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 NAGAD?
The complete address is: QUG SC, AURANGABAD, MAHARASHTRA. You can reach the branch at +91 2589 000000.
Q3.What is the MICR code of State Bank of India NAGAD?
The MICR code for State Bank of India NAGAD is 431002597. It is printed at the bottom of cheques used for magnetic ink character recognition during clearing.
Q4.Does State Bank of India NAGAD support 24x7 IMPS and NEFT transfers?
Yes, electronic fund transfers including IMPS, NEFT, and RTGS with IFSC SBIN0020429 are available 24x7 all year round as per Reserve Bank of India (RBI) guidelines.
Q5.How can I transfer money using IFSC code SBIN0020429?
Log in to your mobile or net banking app, go to Add Beneficiary, enter the recipient name, account number, and IFSC code SBIN0020429. 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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