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SBIN0008023

STATE BANK OF INDIA

OLD MALAKPET, HYDERABAD Branch • Hyderabad • Andhra Pradesh

Verified NEFT/RTGS/IMPS

How to Use This IFSC Code

NEFT

Up to ₹10 lakh, 2-3 hour settlement

RTGS

₹2 lakh and above, instant settlement

IMPS

24/7 instant transfers up to ₹5 lakh

Bank Branch Details

IFSC Code
SBIN0008023
Bank Name

STATE BANK OF INDIA

Branch Name

OLD MALAKPET, HYDERABAD

City

Hyderabad

State

Andhra Pradesh

Branch Address

NEAR NALGONDA CROSS ROAD,HYDERABAD

IFSC Code Breakdown

Bank Code SBIN
Check Digit 0
Branch Code 008023

Frequently Asked Questions

What is SBIN0008023 used for?

This IFSC code is used for electronic fund transfers (NEFT, RTGS, IMPS) to STATE BANK OF INDIA OLD MALAKPET, HYDERABAD branch.

Is SBIN0008023 valid for online transfers?

Yes, this IFSC code is valid for all types of online transfers including UPI, net banking, and mobile banking.

What are the transfer limits for this branch?

NEFT: up to ₹10 lakh (usually). RTGS: Minimum ₹2 lakh. IMPS: Up to ₹5 lakh per day (standard limit).