SBINBranch Code: 020975

State Bank of India IFSC Code

M G CLOTH MARKET Branch, EAST GODAVARI, EAST GODAVARI, ANDHRA PRADESH

Primary IFSC Code

SBIN0020975

Banking information from our maintained dataset. Last Verified: 23 Sept 2026

The official Indian Financial System Code (IFSC) for State Bank of India, M G CLOTH MARKET branch in EAST GODAVARI, ANDHRA PRADESH is SBIN0020975. The MICR code for cheque clearance is 533002122.

Branch Fact Sheet & Electronic Routing Details

Bank Name: State Bank of India
Branch Name: M G CLOTH MARKET
MICR Code: 533002122
City / District: EAST GODAVARI (EAST GODAVARI)
State: ANDHRA PRADESH
Postal Pincode: N/A

Full Branch Address

IOJUYEOII

Contact Details

Phone: +918832467463

How to Read IFSC Code: SBIN0020975

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.

SBINBank Identifier

First 4 alphabetic characters identify State Bank of India.

0Control Character

5th character is always numeral '0', reserved for future use.

020975Branch Code

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

Both NEFT and RTGS operate around the clock in India. Always double check the 11-digit IFSC code and recipient account number before submitting your transfer.

Frequently Asked Questions: State Bank of India (SBIN0020975)

What is the IFSC Code for State Bank of India M G CLOTH MARKET branch?

The IFSC Code for State Bank of India M G CLOTH MARKET branch in EAST GODAVARI, ANDHRA PRADESH is SBIN0020975. It is used for NEFT, RTGS, and IMPS funds transfer.

What is the address of State Bank of India M G CLOTH MARKET branch?

The branch is located at: IOJUYEOII, EAST GODAVARI, ANDHRA PRADESH.

What is the MICR Code for State Bank of India M G CLOTH MARKET?

The MICR Code for electronic cheque clearing at State Bank of India M G CLOTH MARKET is 533002122.

How can I contact State Bank of India M G CLOTH MARKET branch?

You can contact the branch at: Phone: +918832467463. For official national customer care, refer to State Bank of India's official banking channels.

How to decipher the IFSC code SBIN0020975?

The first 4 characters 'SBIN' represent State Bank of India. The 5th character is '0' reserved for future use. The last 6 characters '020975' represent the specific M G CLOTH MARKET branch code.