State Bank of India M L A Colony Branch IFSC Code: SBIN0016524
Branch Code: 016524 | HYDERABAD, HYDERABAD, ANDHRA PRADESH
The official Indian Financial System Code (IFSC) for State Bank of India, M L A Colony branch in HYDERABAD, ANDHRA PRADESH is SBIN0016524. The MICR code for cheque clearance is 500002208.
Branch Fact Sheet & Electronic Routing Details
- Bank Name
- State Bank of India
- Branch Name
- M L A COLONY BRANCH
- MICR Code
- City / District
- HYDERABAD (HYDERABAD)
- State
- ANDHRA PRADESH
- Postal Pincode
- 500034
8 2 293/82/L/275/A/B/1 8 2 293/82/L/275/A/B/1, VENKATESWARA COOP HOUSE BUILDING SOCIETY FOR AP LEGISLATORS ROAD 12, M L A COLONY, BANJARA HILLS, HYDERABAD, DISTT. HYDERABAD. ANDHRA PRADESH 500034, Pincode: 500034
How to Read IFSC Code: SBIN0016524
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 (SBIN0016524)
Which bank does IFSC Code SBIN0016524 belong to?
IFSC Code SBIN0016524 belongs to State Bank of India for its M L A COLONY BRANCH branch, located in HYDERABAD, ANDHRA PRADESH. The 4-letter prefix 'SBIN' represents State Bank of India.
What is the IFSC Code for State Bank of India M L A COLONY BRANCH branch?
The IFSC Code for State Bank of India M L A COLONY BRANCH branch in HYDERABAD, ANDHRA PRADESH is SBIN0016524. It is used for NEFT, RTGS, and IMPS funds transfer.
What is the address of State Bank of India M L A COLONY BRANCH branch?
The branch is located at: 8 2 293/82/L/275/A/B/1 8 2 293/82/L/275/A/B/1, VENKATESWARA COOP HOUSE BUILDING SOCIETY FOR AP LEGISLATORS ROAD 12, M L A COLONY, BANJARA HILLS, HYDERABAD, DISTT. HYDERABAD. ANDHRA PRADESH 500034, Pincode: 500034, HYDERABAD, ANDHRA PRADESH.
What is the MICR Code for State Bank of India M L A COLONY BRANCH?
The MICR Code for electronic cheque clearing at State Bank of India M L A COLONY BRANCH is 500002208.
How to decipher the IFSC code SBIN0016524?
The first 4 characters 'SBIN' represent State Bank of India. The 5th character is '0' reserved for future use. The last 6 characters '016524' represent the specific M L A COLONY BRANCH branch code.
Parent Directory Links
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