State Bank of India
MAKTHAL Branch
RBI Sourced
Official branch credentials for State Bank of India located in MEHBOOBNAGAR, ANDHRA PRADESH.
Banking Data Matrix
80/100
Multi-factor score: Data source (RBI Sourced), freshness, fraud reports, and bank health. How we verify
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Supported Payment Networks
Typical Banking Hours (India)
Standard RBI working hours for scheduled commercial bank branches — shown as general guidance. Actual timings at this branch may differ.
How to Use IFSC Code SBIN0020197
Follow these step-by-step instructions to use the IFSC code SBIN0020197 for sending money to State Bank of India MAKTHAL branch.
Send via NEFT
- Log into your Internet Banking or Mobile Banking app
- Go to Fund Transfer → Add Beneficiary
- Enter beneficiary name and account number at State Bank of India
- Enter IFSC Code: SBIN0020197
- Select NEFT as transfer mode, enter amount, and confirm
- Money reaches within 30 minutes to 2 hours (processed in batches)
Send via RTGS (₹2 Lakh+)
- Open your bank's net banking portal or mobile app
- Navigate to Fund Transfer → RTGS
- Add beneficiary with account number + IFSC: SBIN0020197
- Minimum transfer amount: ₹2,00,000
- Money is credited instantly in real-time (24x7 available)
Send via IMPS (Instant)
- Open your mobile banking app
- Select IMPS Transfer
- Enter beneficiary details with IFSC: SBIN0020197
- Maximum limit: ₹5,00,000 per transaction
- Transfer completes within seconds — available 24x7x365
- Always double-check the IFSC code before confirming any transfer
- Cross-verify with your passbook or cheque book issued by State Bank of India
- For first-time transfers, send a small test amount (₹1-₹10) first
- Never share your OTP, PIN, or password with anyone claiming to be from State Bank of India
About State Bank of India MAKTHAL
State Bank of India MAKTHAL is a verified banking branch listed in the Reserve Bank of India's IFSC master directory. The verification timestamp is not yet recorded for this branch. A confidence score has not yet been assigned to this record.
The IFSC code SBIN0020197 is decoded as: bank identifier SBIN (State Bank of India) and branch code 020197, which uniquely identifies this MAKTHAL location. This branch reports MICR 509002526 (used for cheque clearing). Supported payment rails: NEFT ✔ (half-hourly batch settlements); RTGS ✔ (real-time for amounts above ₹2 lakh); IMPS ✔ (instant, 24×7, up to ₹5 lakh). All electronic transactions are settled through the NPCI and regulated by the RBI.
The registered address is ERGKLKLQBBGRDIS in MEHBOOBNAGAR district, MEHBOOBNAGAR, ANDHRA PRADESH. For branch-specific queries, call +918503283136. As with all scheduled commercial bank branches in India, deposits up to ₹5,00,000 per account holder are insured under the DICGC framework.
Frequently Asked Questions
Everything you need to know about State Bank of India MAKTHAL branch in MEHBOOBNAGAR.
Related Banking Guides
Deepen your understanding of banking operations, digital payments, and financial tools with these expert-written guides — curated specifically for State Bank of India customers in ANDHRA PRADESH.