State Bank of India Balaji Nagar Nellore Branch IFSC Code: SBIN0018816
Branch Code: 018816 | NELLORE, NELLORE, ANDHRA PRADESH
The official Indian Financial System Code (IFSC) for State Bank of India, Balaji Nagar Nellore branch in NELLORE, ANDHRA PRADESH is SBIN0018816. The MICR code for cheque clearance is 524002023.
Branch Fact Sheet & Electronic Routing Details
- Bank Name
- State Bank of India
- Branch Name
- BALAJI NAGAR, NELLORE
- MICR Code
- City / District
- NELLORE (NELLORE)
- State
- ANDHRA PRADESH
- Postal Pincode
- 524002
MAIN ROAD, BALAJI NAGAR, NELLORE, DISTT.NELLORE. ANDHRA PRADESH-524002, Pincode: 524002
How to Read IFSC Code: SBIN0018816
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 (SBIN0018816)
Which bank does IFSC Code SBIN0018816 belong to?
IFSC Code SBIN0018816 belongs to State Bank of India for its BALAJI NAGAR, NELLORE branch, located in NELLORE, ANDHRA PRADESH. The 4-letter prefix 'SBIN' represents State Bank of India.
What is the IFSC Code for State Bank of India BALAJI NAGAR, NELLORE branch?
The IFSC Code for State Bank of India BALAJI NAGAR, NELLORE branch in NELLORE, ANDHRA PRADESH is SBIN0018816. It is used for NEFT, RTGS, and IMPS funds transfer.
What is the address of State Bank of India BALAJI NAGAR, NELLORE branch?
The branch is located at: MAIN ROAD, BALAJI NAGAR, NELLORE, DISTT.NELLORE. ANDHRA PRADESH-524002, Pincode: 524002, NELLORE, ANDHRA PRADESH.
What is the MICR Code for State Bank of India BALAJI NAGAR, NELLORE?
The MICR Code for electronic cheque clearing at State Bank of India BALAJI NAGAR, NELLORE is 524002023.
How can I contact State Bank of India BALAJI NAGAR, NELLORE branch?
You can contact the branch at: Phone: +919849490493. For official national customer care, refer to State Bank of India's official banking channels.
How to decipher the IFSC code SBIN0018816?
The first 4 characters 'SBIN' represent State Bank of India. The 5th character is '0' reserved for future use. The last 6 characters '018816' represent the specific BALAJI NAGAR, NELLORE branch code.
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