Branch Details — SBIN0016024
| Bank Name | State Bank of India |
| Branch Name | Mithilapuri Colony Road,madhurawada |
| IFSC Code | SBIN0016024 |
| MICR Code | 530002080 |
| Bank Code (RBI) | SBIN |
| Branch Code | 016024 |
| Address | GROUND FLOOR, D.NO.1 173/5, ANNAPURNA ARCADE, MITHILAPURI COL. ROAD, MADHURAWADA, VISAKHAPATNAM. ANDHRA PRADESH 530041 |
| City | Visakhapatnam |
| District | Visakhapatnam |
| State | Andhra Pradesh |
| Toll Free | 1800-11-2211 |
| NEFT | ✓ Enabled — 24×7 |
| RTGS | ✓ Enabled — 24×7 |
| IMPS | ✓ Enabled — 24×7 |
| UPI | ✓ Enabled |
Transfer Methods Using SBIN0016024
NEFT
Available 24×7 including holidays. Settled in 30-minute batches. No minimum. Use IFSC SBIN0016024.
RTGS
Available 24×7. Minimum ₹2 lakh. Real-time gross settlement. Use IFSC SBIN0016024.
IMPS
Instant 24×7, 365 days. Up to ₹5 lakh per transaction.
Frequently Asked Questions
The IFSC code is SBIN0016024. This 11-character RBI-assigned code is required for NEFT, RTGS and IMPS transfers to accounts at State Bank of India Mithilapuri Colony Road,madhurawada branch, Visakhapatnam, Andhra Pradesh.
The MICR code is 530002080. It is a 9-digit code printed at the bottom of cheques, used only for cheque clearing.
Address: GROUND FLOOR, D.NO.1 173/5, ANNAPURNA ARCADE, MITHILAPURI COL. ROAD, MADHURAWADA, VISAKHAPATNAM. ANDHRA PRADESH 530041. Branch timings: Monday–Friday 9:30 AM – 3:30 PM, Saturday 9:30 AM – 1:30 PM (closed 2nd/4th Saturdays).
SBIN identifies State Bank of India. The 5th character 0 is reserved by RBI. The last 6 characters 016024 identify the Mithilapuri Colony Road,madhurawada branch.
Yes. State Bank of India Mithilapuri Colony Road,madhurawada Branch (IFSC: SBIN0016024) is fully enabled for NEFT, RTGS, IMPS, UPI, available 24×7 including weekends and holidays.
Log in to your bank's net banking or mobile app → Fund Transfer → Add Beneficiary → enter account number and IFSC SBIN0016024 → select NEFT/RTGS/IMPS → confirm with OTP.