This page lists the IFSC code, branch address, contact number and fund-transfer information for State Bank of India, MOGALPURA HYDERABAD branch in HYDERABAD URBAN. The 11-digit IFSC SBIN0020596 uniquely identifies this branch in the RBI's centralised payments network and is required for every NEFT, RTGS or IMPS transaction routed to this branch. If you are paying somebody who banks with State Bank of India at the MOGALPURA HYDERABAD location, this is the only IFSC you need.
We have organised this page into clearly labelled sections so you can jump straight to the part that interests you — the IFSC and MICR details, the full postal address, the contact phone number, a quick primer on NEFT, RTGS and IMPS, the typical product line-up at the branch, and a frequently asked questions section that addresses the queries people raise most often about this branch.
An IFSC (Indian Financial System Code) is an 11-character alphanumeric code issued by the Reserve Bank of India. It uniquely identifies every bank branch that participates in the RBI's electronic fund-transfer systems – NEFT, RTGS and IMPS. The first four characters represent the bank, the fifth is always a zero (reserved for future use), and the last six characters identify the specific branch.
For State Bank of India's MOGALPURA HYDERABAD branch, the IFSC SBIN0020596 breaks down as follows: SBIN identifies the bank, 0 is the reserved character, and 020596 identifies this particular branch.
Branch details at a glance
| Bank Name | State Bank of India |
|---|---|
| Branch | Mogalpura Hyderabad |
| IFSC Code | SBIN0020596 |
| MICR Code | Refer to cheque leaf |
| Branch Address | 20AIADARADMGAPURAYDERAAD |
| City | Hyderabad Urban |
| District | Hyderabad Urban |
| State | Andhra Pradesh |
| STD Code | 40 |
| Phone | 24520245 |
About the bank
State Bank of India serves retail and corporate customers with a full range of deposit, lending, payments and digital banking products. Its Mogalpura Hyderabad branch in Hyderabad Urban, Andhra Pradesh is part of this network and uses the IFSC code SBIN0020596 for all electronic settlement.
About the Mogalpura Hyderabad branch
The Mogalpura Hyderabad branch of State Bank of India is situated at 20AIADARADMGAPURAYDERAAD. Customers visiting this branch can complete cash deposits, withdrawals, demand draft requests, cheque clearing, passbook updates and KYC formalities. For online transactions to or from this branch, the IFSC code SBIN0020596 is used.
The role of IFSC in India's payments network
India's electronic payment infrastructure — NEFT, RTGS, IMPS, UPI and the National Automated Clearing House (NACH) — is built on a single principle: every participating bank branch must be uniquely identifiable by an alphanumeric code. The Reserve Bank of India introduced the IFSC system to fulfil this requirement, and that is how State Bank of India's MOGALPURA HYDERABAD branch came to be assigned the code SBIN0020596.
Whether you are receiving a salary on the first of the month, paying a vendor invoice, settling an EMI, or accepting a refund from an e-commerce platform, the IFSC is the silent piece of metadata that tells the network where your account lives. Without IFSC SBIN0020596, money simply cannot be routed to the MOGALPURA HYDERABAD branch electronically.
How to transfer money using IFSC SBIN0020596
Online transfers in India are powered by three major channels — NEFT, RTGS and IMPS — and each one requires a destination IFSC. Below is a quick guide for using IFSC SBIN0020596 across all three.
How to use IFSC SBIN0020596 for an NEFT transfer
NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to State Bank of India's MOGALPURA HYDERABAD branch. NEFT now settles on a 24x7 basis in half-hourly batches and has no upper limit for retail customers (individual banks may impose their own caps).
- Log in to your internet banking or mobile banking app.
- Choose Add Beneficiary and select NEFT / Other Bank.
- Enter the beneficiary name, account number and the IFSC SBIN0020596.
- Confirm the bank name auto-populates as State Bank of India and the branch as MOGALPURA HYDERABAD.
- Approve the beneficiary using OTP. Once activated, transfer any amount and the credit will reflect in the next NEFT cycle.
Real-Time Gross Settlement to MOGALPURA HYDERABAD
If you need to transfer ₹2 lakh or more in one go to an account at State Bank of India's MOGALPURA HYDERABAD branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC SBIN0020596 while initiating the transfer and the credit will appear within minutes.
Send money instantly through IMPS
For a real-time, anytime transfer to State Bank of India – MOGALPURA HYDERABAD, use IMPS. With IFSC SBIN0020596 and the beneficiary's account number you can move up to ₹5 lakh per transaction with instant credit, any day of the year.
Comparing NEFT, RTGS and IMPS for transfers to Mogalpura Hyderabad
The right transfer rail depends on how urgent the payment is, how large it is, and whether the receiving bank participates in the chosen scheme. Every option below works with the IFSC SBIN0020596:
- NEFT — best for everyday transfers of any amount; settles in half-hourly batches around the clock.
- RTGS — best for transfers of ₹2 lakh and above; settles each transaction individually in real time.
- IMPS — best when speed matters more than batch scheduling; instant credit up to ₹5 lakh.
- UPI — best for small peer-to-peer payments using a VPA; the underlying account at MOGALPURA HYDERABAD is still linked to IFSC SBIN0020596.
For salary credits, vendor payouts and refunds, employers and merchants usually default to NEFT because of its zero per-transaction cost for retail customers and its 24x7 availability.
UPI payments and IFSC SBIN0020596
UPI (Unified Payments Interface) has become the default way for individuals to send money in India. While most UPI transactions are addressed using a Virtual Payment Address (VPA) like name@bank, the underlying account at State Bank of India – MOGALPURA HYDERABAD is still mapped to IFSC SBIN0020596. When a customer links a savings or current account to a UPI app for the first time, the app silently looks up this IFSC against the account number to verify the account exists. The VPA acts as a friendly alias on top of the same plumbing.
If a UPI transfer to or from this branch fails, the most common reasons are an inactive UPI handle, a daily limit breach or a temporary outage at one of the participating banks — not the IFSC. You can always fall back to NEFT or IMPS using the IFSC SBIN0020596 and the beneficiary's account number to complete the transfer.
Account types you can open at the Mogalpura Hyderabad branch
Once you have an account at State Bank of India – MOGALPURA HYDERABAD, the IFSC SBIN0020596 stays the same regardless of the type of account you hold. The branch typically supports the following options:
- Savings account — for individuals, with chequebook, ATM card and net-banking access.
- Current account — for sole proprietors, partnerships and companies that need higher transaction volumes.
- Salary account — opened in bulk for corporate employees, often with zero-balance benefits.
- NRE / NRO accounts — for non-resident Indians who want to repatriate or maintain rupee balances in India.
- Fixed deposit and recurring deposit — term-based investment accounts with quarterly or cumulative interest.
- Senior citizen accounts — concessional minimum balance and a small interest rate premium on FDs.
- Minor and student accounts — operated jointly with a guardian until the customer turns 18.
Eligibility, minimum balance and KYC requirements vary by product. Speak to a relationship officer at the branch for the latest schedule of charges and interest rates.
Banking services available
The Mogalpura Hyderabad branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 40-24520245.
- Savings, current and salary accounts
- Fixed deposits and recurring deposits
- Personal, vehicle and home loans
- Demat and investment products (where supported)
- Internet banking and mobile banking enrolment
- Debit and credit card issuance
- Locker facilities (subject to availability)
- Foreign exchange services (at authorised branches)
- Bill payments, demand drafts and pay orders
- NEFT / RTGS / IMPS / UPI fund transfers using IFSC SBIN0020596
MICR & cheque-truncation details
Cheques drawn on the Mogalpura Hyderabad branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC SBIN0020596 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.
Digital banking channels
Most day-to-day work that customers used to do at the Mogalpura Hyderabad branch counter can now be completed digitally — adding a beneficiary, transferring funds, applying for a fixed deposit, raising a service request or downloading account statements. The IFSC SBIN0020596 is the link between the digital channel and the branch ledger; once a transaction is confirmed, the credit or debit is reflected in the same core banking system that the branch officers see.
Things to verify before sending money
Banking errors are usually small typos that snowball into delayed credits and customer-care follow-ups. Use this short checklist before you confirm any transfer to State Bank of India – MOGALPURA HYDERABAD:
- The IFSC is exactly SBIN0020596 with no extra spaces.
- The beneficiary's account number matches what they shared, digit for digit.
- The portal auto-fills State Bank of India as the bank name and MOGALPURA HYDERABAD as the branch.
- The amount and the purpose of payment are correct.
- You have a valid OTP-verifying mobile number on hand.
A 30-second review here saves hours of reconciliation later.
How to reach the Mogalpura Hyderabad branch
The branch is located at 20AIADARADMGAPURAYDERAAD, which puts it inside Hyderabad Urban, the broader Hyderabad Urban district, and the state of Andhra Pradesh. To plan your visit:
- Open Google Maps on your phone and search for “State Bank of India Mogalpura Hyderabad branch” — the verified location pin for IFSC SBIN0020596 should appear at the top of the results.
- Confirm the branch is open by calling 40-24520245 before stepping out, especially around public holidays.
- Carry photo ID and any account-related documents you may need for the transaction you plan to do.
Most banking work — passbook updates, fund transfers, statement downloads — can also be completed online without visiting the branch in person, as long as you know the IFSC SBIN0020596 and your account number.
Verifying IFSC SBIN0020596 from official sources
The IFSC listed on this page is sourced from the RBI's master list and validated against the bank's branch directory. To double-check before transferring large sums, you can also confirm SBIN0020596 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on 40-24520245.
- Visiting the bank's official branch locator page.
Working hours
Branch counters at Mogalpura Hyderabad are usually open from 10 AM to 4 PM on weekdays. Saturdays follow the RBI's alternate-Saturday rule. Even when the branch is closed, NEFT, RTGS, IMPS and UPI transfers addressed to SBIN0020596 continue to work without interruption.
Branch address & contact
State Bank of IndiaMogalpura Hyderabad Branch
20AIADARADMGAPURAYDERAAD
Hyderabad Urban, Andhra Pradesh
Phone: 40-24520245
IFSC: SBIN0020596
Frequently asked questions
Is IFSC SBIN0020596 valid for NEFT and RTGS?
Yes. IFSC SBIN0020596 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
Does State Bank of India Mogalpura Hyderabad branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on 40-24520245 to confirm.
What is the difference between IFSC and MICR code?
IFSC is an 11-character alphanumeric code used for online transfers, while MICR is a 9-digit numeric code printed on cheques and used by cheque-clearing machines. Both identify the Mogalpura Hyderabad branch but serve different purposes.
What is the IFSC code of State Bank of India Mogalpura Hyderabad branch?
The IFSC code of State Bank of India, Mogalpura Hyderabad branch is SBIN0020596. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
Is IFSC SBIN0020596 the same for all accounts at Mogalpura Hyderabad branch?
Yes. The IFSC SBIN0020596 is shared by every account held at State Bank of India's Mogalpura Hyderabad branch. Only the account number changes from customer to customer.
How do I add State Bank of India Mogalpura Hyderabad as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC SBIN0020596, and complete OTP verification. Once activated, you can transfer funds at any time.
Final notes
To recap: SBIN0020596 is the IFSC code of State Bank of India, MOGALPURA HYDERABAD branch, in HYDERABAD URBAN, ANDHRA PRADESH. It is required for every electronic transfer to an account held at this branch. We keep this page updated with the latest address and contact details, so you can rely on the information here for your day-to-day banking needs.


