STATE BANK OF INDIA
MITHILAPURI COLONY ROAD,MADHURAWADA Branch • Visakhapatnam • Andhra Pradesh
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
STATE BANK OF INDIA
MITHILAPURI COLONY ROAD,MADHURAWADA
Visakhapatnam
Andhra Pradesh
GROUND FLOOR, D.NO.1 173/5, ANNAPURNA ARCADE, MITHILAPURI COL. ROAD, MADHURAWADA, VISAKHAPATNAM. ANDHRA PRADESH 530041
IFSC Code Breakdown
Frequently Asked Questions
What is SBIN0016024 used for?
This IFSC code is used for electronic fund transfers (NEFT, RTGS, IMPS) to STATE BANK OF INDIA MITHILAPURI COLONY ROAD,MADHURAWADA branch.
Is SBIN0016024 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).