State Bank of India Nandikotkur Adb Branch IFSC Code: SBIN0001587
Branch Code: 001587 | NANDIKOTKUR, NANDIKOTKUR, ANDHRA PRADESH
The official Indian Financial System Code (IFSC) for State Bank of India, Nandikotkur Adb branch in NANDIKOTKUR, ANDHRA PRADESH is SBIN0001587. The MICR code for cheque clearance is 518002503.
Branch Fact Sheet & Electronic Routing Details
- Bank Name
- State Bank of India
- Branch Name
- NANDIKOTKUR ADB
- MICR Code
- City / District
- NANDIKOTKUR (NANDIKOTKUR)
- State
- ANDHRA PRADESH
- Postal Pincode
- 518401
DISTKURNOOL ANDHRA PRADESH 518401, Pincode: 518401
Banks Open Per Published Schedule
Earn up to 7% p.a. on Fixed Deposits
Senior citizens receive an additional premium up to 7.5% p.a.
Local Financial Pulse: NANDIKOTKUR, ANDHRA PRADESH
How to Read IFSC Code: SBIN0001587
An Indian Financial System Code (IFSC) is a unique 11-character alphanumeric code assigned by the Reserve Bank of India to identify bank branches for electronic payment systems.
First 4 alphabetic characters identify State Bank of India.
5th character is always numeral '0', reserved for future use.
Last 6 alphanumeric characters identify the specific physical branch.
Payment Systems Supported by this IFSC Code
| Payment System | Settlement Time | Minimum Amount | Availability | Ideal For |
|---|---|---|---|---|
| NEFT (National Electronic Funds Transfer) | Half-hourly batches | ₹1 (No minimum) | 24x7x365 | Routine bills, small & medium transactions |
| RTGS (Real Time Gross Settlement) | Real-time instant | ₹2,00,000 | 24x7x365 | High-value urgent financial transfers |
| IMPS (Immediate Payment Service) | Immediate | ₹1 (Max ₹5 Lakh) | 24x7x365 | Instant mobile banking & emergency transfers |
Frequently Asked Questions: State Bank of India (SBIN0001587)
Which bank does IFSC Code SBIN0001587 belong to?
IFSC Code SBIN0001587 belongs to State Bank of India for its NANDIKOTKUR ADB branch, located in NANDIKOTKUR, ANDHRA PRADESH. The 4-letter prefix 'SBIN' represents State Bank of India.
What is the IFSC Code for State Bank of India NANDIKOTKUR ADB branch?
The IFSC Code for State Bank of India NANDIKOTKUR ADB branch in NANDIKOTKUR, ANDHRA PRADESH is SBIN0001587. It is used for NEFT, RTGS, and IMPS funds transfer.
What is the address of State Bank of India NANDIKOTKUR ADB branch?
The branch is located at: DISTKURNOOL ANDHRA PRADESH 518401, Pincode: 518401, NANDIKOTKUR, ANDHRA PRADESH.
What is the MICR Code for State Bank of India NANDIKOTKUR ADB?
The MICR Code for electronic cheque clearing at State Bank of India NANDIKOTKUR ADB is 518002503.
How to decipher the IFSC code SBIN0001587?
The first 4 characters 'SBIN' represent State Bank of India. The 5th character is '0' reserved for future use. The last 6 characters '001587' represent the specific NANDIKOTKUR ADB branch code.
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