Below are the complete branch details for State Bank of India, PATAMATALANKA branch, located in KRISHNA, ANDHRA PRADESH. The IFSC assigned by the Reserve Bank of India to this branch is SBIN0020542. Whether you want to transfer money, add a beneficiary, verify a cheque or simply confirm the branch address, you will find authentic, up-to-date information on this page that has been cross-checked against the bank's branch directory and the RBI's master list of participants in the National Electronic Funds Transfer system.
The IFSC code is one of the most frequently asked-for pieces of information when somebody wants to send you money or set up a recurring credit such as a salary, EMI auto-debit or supplier payment. Knowing exactly which IFSC belongs to your branch — in this case SBIN0020542 for State Bank of India – PATAMATALANKA — saves you from rejected transfers, returned credits and the back-and-forth that follows them.
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 PATAMATALANKA branch, the IFSC SBIN0020542 breaks down as follows: SBIN identifies the bank, 0 is the reserved character, and 020542 identifies this particular branch.
About State Bank of India
State Bank of India operates a wide network of branches across India, including the Patamatalanka branch in Krishna. Each branch is enabled for NEFT, RTGS, IMPS and core banking, allowing customers to send and receive money anywhere in the country using a unique IFSC – in this case, SBIN0020542.
Branch details at a glance
| Bank Name | State Bank of India |
|---|---|
| Branch | Patamatalanka |
| IFSC Code | SBIN0020542 |
| MICR Code | Refer to cheque leaf |
| Branch Address | EREEDUOFFICEPTMTLKVIJYWD |
| City | Krishna |
| District | Krishna |
| State | Andhra Pradesh |
| STD Code | 866 |
| Phone | 2472644 |
About this branch
The branch is located at EREEDUOFFICEPTMTLKVIJYWD. It serves the Krishna region and is connected to the bank's core banking platform, which means transactions initiated here are instantly visible across all other branches of State Bank of India. The IFSC SBIN0020542 is used to identify this branch on the RBI payments network.
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 PATAMATALANKA branch came to be assigned the code SBIN0020542.
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 SBIN0020542, money simply cannot be routed to the PATAMATALANKA branch electronically.
Products and account variants supported
Every account opened at the Patamatalanka branch is mapped to IFSC SBIN0020542 on the RBI payments network. The branch generally supports the full retail product catalogue of State Bank of India, including:
- Resident savings accounts and salary accounts
- Current accounts for businesses and professionals
- Fixed deposits, recurring deposits and tax-saver deposits
- Demand drafts, banker's cheques and pay orders
- Retail loans — personal, vehicle, education, gold and home
- Credit cards and overdraft facilities (subject to eligibility)
- Third-party investment products such as mutual funds and insurance (through tie-ups)
Whichever product you choose, the IFSC for incoming credits remains SBIN0020542.
Products and services
Customers walking into the Patamatalanka branch can access most of State Bank of India's standard product suite, including:
- Account opening – savings, current, NRI, salary
- Term deposits and recurring deposits
- Retail and small-business loans
- Insurance and mutual-fund tie-ups
- Locker, safe deposit and ATM card services
- Online and mobile banking activation
- Electronic transfers via IFSC SBIN0020542
How to transfer money using IFSC SBIN0020542
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 SBIN0020542 across all three.
How to use IFSC SBIN0020542 for an NEFT transfer
NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to State Bank of India's PATAMATALANKA 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 SBIN0020542.
- Confirm the bank name auto-populates as State Bank of India and the branch as PATAMATALANKA.
- 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 PATAMATALANKA
If you need to transfer ₹2 lakh or more in one go to an account at State Bank of India's PATAMATALANKA branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC SBIN0020542 while initiating the transfer and the credit will appear within minutes.
IMPS to State Bank of India PATAMATALANKA (IFSC SBIN0020542)
IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC SBIN0020542 in your mobile or internet banking app, and the money is credited to the PATAMATALANKA branch account within seconds.
Comparing NEFT, RTGS and IMPS for transfers to Patamatalanka
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 SBIN0020542:
- 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 PATAMATALANKA is still linked to IFSC SBIN0020542.
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.
How UPI relates to the IFSC code
UPI lets you pay using a short Virtual Payment Address instead of typing the IFSC every time, but behind the scenes every UPI mandate is mapped to an account number plus an IFSC. For accounts at State Bank of India's PATAMATALANKA branch, the IFSC SBIN0020542 is what the National Payments Corporation of India (NPCI) uses to route the credit when you tap Pay on a UPI app.
That is why, even in the UPI era, it is still worth knowing the IFSC of your home branch — for failed UPI mandates, e-mandate set-ups, third-party platform onboarding and salary or refund credits.
Digital banking channels
Most day-to-day work that customers used to do at the Patamatalanka 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 SBIN0020542 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.
MICR code & cheque clearing
Apart from IFSC, every cheque book issued by State Bank of India carries a 9-digit MICR (Magnetic Ink Character Recognition) code that is read by cheque-sorting machines. The MICR code, the IFSC SBIN0020542 and the account number together uniquely identify the Patamatalanka branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.
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 – PATAMATALANKA:
- The IFSC is exactly SBIN0020542 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 PATAMATALANKA 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.
Reaching the branch
The Patamatalanka branch sits at EREEDUOFFICEPTMTLKVIJYWD. If you are travelling from outside Krishna, search for the branch on a maps application using the bank name and locality, or call 866-2472644 to ask for landmarks. Many customers find it easier to skip the trip altogether: net banking, mobile apps, NEFT, RTGS, IMPS and UPI all work using the IFSC SBIN0020542 and your account number.
Verifying IFSC SBIN0020542 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 SBIN0020542 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on 866-2472644.
- Visiting the bank's official branch locator page.
Branch banking hours and holidays
Indian bank branches typically operate from 10:00 AM to 4:00 PM, Monday to Friday, and from 10:00 AM to 2:00 PM on working Saturdays (usually the 1st, 3rd and 5th Saturdays). The Patamatalanka branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC SBIN0020542, however, work 24x7.
Branch address & contact
State Bank of IndiaPatamatalanka Branch
EREEDUOFFICEPTMTLKVIJYWD
Krishna, Andhra Pradesh
Phone: 866-2472644
IFSC: SBIN0020542
Frequently asked questions
What is the phone number of State Bank of India Patamatalanka branch?
You can reach the branch at 866-2472644 during regular banking hours.
What is the IFSC code of State Bank of India Patamatalanka branch?
The IFSC code of State Bank of India, Patamatalanka branch is SBIN0020542. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
How quickly will an NEFT transfer using SBIN0020542 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to State Bank of India – Patamatalanka reflect within 30 minutes.
Does State Bank of India Patamatalanka branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on 866-2472644 to confirm.
Can I use IFSC SBIN0020542 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC SBIN0020542 to send funds instantly.
Is IFSC SBIN0020542 valid for NEFT and RTGS?
Yes. IFSC SBIN0020542 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
Where is State Bank of India Patamatalanka branch located?
State Bank of India's Patamatalanka branch is located at EREEDUOFFICEPTMTLKVIJYWD, Krishna, Andhra Pradesh.
Is IFSC SBIN0020542 the same for all accounts at Patamatalanka branch?
Yes. The IFSC SBIN0020542 is shared by every account held at State Bank of India's Patamatalanka branch. Only the account number changes from customer to customer.
Summary
The IFSC code SBIN0020542 belongs to State Bank of India's PATAMATALANKA branch, located at EREEDUOFFICEPTMTLKVIJYWD in KRISHNA, ANDHRA PRADESH. Use this code along with the beneficiary's account number for any NEFT, RTGS or IMPS transfer to this branch. Bookmark this page for quick reference whenever you need the branch's banking details.
