State Bank of India Pitlam Branch IFSC Code: SBIN0012969
Branch Code: 012969 | NIZAMABAD, NIZAMABAD, ANDHRA PRADESH
The official Indian Financial System Code (IFSC) for State Bank of India, Pitlam branch in NIZAMABAD, ANDHRA PRADESH is SBIN0012969. The MICR code for cheque clearance is 503002503.
Branch Fact Sheet & Electronic Routing Details
- Bank Name
- State Bank of India
- Branch Name
- PITLAM
- MICR Code
- City / District
- NIZAMABAD (NIZAMABAD)
- State
- ANDHRA PRADESH
- Postal Pincode
- 503310
165 BY 8 MAIN ROAD,PITLAM,NIZAMABAD 503310, Pincode: 503310
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: NIZAMABAD, ANDHRA PRADESH
How to Read IFSC Code: SBIN0012969
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 (SBIN0012969)
Which bank does IFSC Code SBIN0012969 belong to?
IFSC Code SBIN0012969 belongs to State Bank of India for its PITLAM branch, located in NIZAMABAD, ANDHRA PRADESH. The 4-letter prefix 'SBIN' represents State Bank of India.
What is the IFSC Code for State Bank of India PITLAM branch?
The IFSC Code for State Bank of India PITLAM branch in NIZAMABAD, ANDHRA PRADESH is SBIN0012969. It is used for NEFT, RTGS, and IMPS funds transfer.
What is the address of State Bank of India PITLAM branch?
The branch is located at: 165 BY 8 MAIN ROAD,PITLAM,NIZAMABAD 503310, Pincode: 503310, NIZAMABAD, ANDHRA PRADESH.
What is the MICR Code for State Bank of India PITLAM?
The MICR Code for electronic cheque clearing at State Bank of India PITLAM is 503002503.
How to decipher the IFSC code SBIN0012969?
The first 4 characters 'SBIN' represent State Bank of India. The 5th character is '0' reserved for future use. The last 6 characters '012969' represent the specific PITLAM branch code.
Parent Directory Links
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