If you are searching for the IFSC code of State Bank of India, MUNICIPAL COMPLEX branch in KURNOOL, ANDHRA PRADESH, this page has every detail you need. The verified IFSC code for this branch is SBIN0020977. You can use it for NEFT, RTGS and IMPS fund transfers, online banking add-payee actions, UPI mandates and any other electronic payment request that asks for an Indian Financial System Code. The information on this page is curated specifically for customers, remitters, employers and businesses who need to credit funds to an account maintained at this branch, and it is structured so you can find what you need within a few seconds of landing here.
You will see the complete branch address, the area STD code and phone number, the city and state, the day-to-day banking services that are typically offered at the MUNICIPAL COMPLEX branch, and detailed step-by-step guides for using the IFSC SBIN0020977 across NEFT, RTGS and IMPS rails. A frequently-asked-questions section at the end answers the most common queries we receive about this particular 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 MUNICIPAL COMPLEX branch, the IFSC SBIN0020977 breaks down as follows: SBIN identifies the bank, 0 is the reserved character, and 020977 identifies this particular branch.
Branch details at a glance
| Bank Name | State Bank of India |
|---|---|
| Branch | Municipal Complex |
| IFSC Code | SBIN0020977 |
| MICR Code | Refer to cheque leaf |
| Branch Address | 3126MUNICIPALCOMPLEXNRPETAKURNOOLKURNOOL |
| City | Kurnool |
| District | Kurnool |
| State | Andhra Pradesh |
| STD Code | 8518 |
| Phone | 227660 |
Bank profile
State Bank of India is among the recognised banks listed on the Reserve Bank of India's payments network. The Municipal Complex branch — IFSC SBIN0020977 — extends the bank's services to customers in and around Kurnool, Andhra Pradesh.
About this branch
The branch is located at 3126MUNICIPALCOMPLEXNRPETAKURNOOLKURNOOL. It serves the Kurnool 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 SBIN0020977 is used to identify this branch on the RBI payments network.
Why every State Bank of India branch has a unique IFSC
Before electronic settlement systems went live in India, money transfers between banks relied heavily on demand drafts, mail transfers and telegraphic transfers. These older instruments routinely took days to clear and were prone to misrouting because there was no single machine-readable identifier for a branch. The Reserve Bank of India solved this by issuing each participating branch — including MUNICIPAL COMPLEX of State Bank of India — its own 11-character IFSC. The code SBIN0020977 is therefore not just an internal reference; it is the digital postcode that lets the RBI's NEFT, RTGS and IMPS rails route funds straight to the right branch ledger without any human intervention.
Today, almost every salary credit, vendor payment, refund and EMI deduction in the country flows through this network, which is exactly why a correct IFSC matters so much. A wrong character can either bounce the transfer or send it to the wrong branch, and reversing such a credit is a manual, time-consuming process. Treat IFSC SBIN0020977 the same way you would treat your account number — verify it once and save it carefully for future use.
How to transfer money using IFSC SBIN0020977
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 SBIN0020977 across all three.
How to use IFSC SBIN0020977 for an NEFT transfer
NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to State Bank of India's MUNICIPAL COMPLEX 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 SBIN0020977.
- Confirm the bank name auto-populates as State Bank of India and the branch as MUNICIPAL COMPLEX.
- 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 MUNICIPAL COMPLEX
If you need to transfer ₹2 lakh or more in one go to an account at State Bank of India's MUNICIPAL COMPLEX branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC SBIN0020977 while initiating the transfer and the credit will appear within minutes.
IMPS to State Bank of India MUNICIPAL COMPLEX (IFSC SBIN0020977)
IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC SBIN0020977 in your mobile or internet banking app, and the money is credited to the MUNICIPAL COMPLEX branch account within seconds.
Comparing NEFT, RTGS and IMPS for transfers to Municipal Complex
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 SBIN0020977:
- 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 MUNICIPAL COMPLEX is still linked to IFSC SBIN0020977.
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 SBIN0020977
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 – MUNICIPAL COMPLEX is still mapped to IFSC SBIN0020977. 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 SBIN0020977 and the beneficiary's account number to complete the transfer.
Account types you can open at the Municipal Complex branch
Once you have an account at State Bank of India – MUNICIPAL COMPLEX, the IFSC SBIN0020977 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.
Products and services
Customers walking into the Municipal Complex 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 SBIN0020977
MICR & cheque-truncation details
Cheques drawn on the Municipal Complex branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC SBIN0020977 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.
Online banking and IFSC SBIN0020977
State Bank of India customers can register for net banking and the bank's official mobile app once their account at the MUNICIPAL COMPLEX branch is active. Net banking lets you view balances, download statements, open fixed deposits, request cheque books and initiate NEFT/RTGS/IMPS transfers — all without setting foot in the branch. The IFSC SBIN0020977 is pre-filled by the bank for transfers originating from your own account, and you only need to enter it manually when adding an external beneficiary or sharing your account details with a third party.
Common mistakes to avoid when using IFSC SBIN0020977
An incorrect IFSC almost always results in a failed transfer or, worse, a credit to the wrong branch. Before you click Confirm on a transfer to State Bank of India – MUNICIPAL COMPLEX, double-check for these issues:
- Confusing 0 with O. The fifth character of every IFSC is the digit
0, not the letter O. Read carefully. - Spaces or hyphens. Do not put spaces in the IFSC. It is exactly 11 characters:
SBIN0020977. - Wrong branch. A bank can have dozens of branches in the same city. Make sure you are using the IFSC for the actual branch where the beneficiary holds the account, not just any nearby branch.
- Old IFSC after a merger. If two banks have merged, the IFSC may have been reissued. Always verify with a recent passbook or cheque leaf.
- Copy-paste from chat. Auto-correct on phones can silently change letters in IFSC codes. Type carefully or copy from a trusted source like the cheque book.
How to reach the Municipal Complex branch
The branch is located at 3126MUNICIPALCOMPLEXNRPETAKURNOOLKURNOOL, which puts it inside Kurnool, the broader Kurnool district, and the state of Andhra Pradesh. To plan your visit:
- Open Google Maps on your phone and search for “State Bank of India Municipal Complex branch” — the verified location pin for IFSC SBIN0020977 should appear at the top of the results.
- Confirm the branch is open by calling 8518-227660 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 SBIN0020977 and your account number.
Other ways to verify the IFSC code
While this page already lists the verified IFSC SBIN0020977 for State Bank of India – MUNICIPAL COMPLEX, you can cross-check the code from any of these sources before initiating a high-value transfer:
- The front of the cheque book issued by the branch – the IFSC is printed at the top of every leaf.
- The first page of your passbook.
- The bank's official website under the branch locator.
- The Reserve Bank of India's IFSC search portal.
- Net banking dashboards usually display the home-branch IFSC under account details.
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 Municipal Complex branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC SBIN0020977, however, work 24x7.
Branch address & contact
State Bank of IndiaMunicipal Complex Branch
3126MUNICIPALCOMPLEXNRPETAKURNOOLKURNOOL
Kurnool, Andhra Pradesh
Phone: 8518-227660
IFSC: SBIN0020977
Frequently asked questions
How do I add State Bank of India Municipal Complex as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC SBIN0020977, and complete OTP verification. Once activated, you can transfer funds at any time.
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 Municipal Complex branch but serve different purposes.
How quickly will an NEFT transfer using SBIN0020977 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to State Bank of India – Municipal Complex reflect within 30 minutes.
Where is State Bank of India Municipal Complex branch located?
State Bank of India's Municipal Complex branch is located at 3126MUNICIPALCOMPLEXNRPETAKURNOOLKURNOOL, Kurnool, Andhra Pradesh.
Can I use IFSC SBIN0020977 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC SBIN0020977 to send funds instantly.
What is the phone number of State Bank of India Municipal Complex branch?
You can reach the branch at 8518-227660 during regular banking hours.
Does State Bank of India Municipal Complex branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on 8518-227660 to confirm.
Is IFSC SBIN0020977 valid for NEFT and RTGS?
Yes. IFSC SBIN0020977 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
Final notes
To recap: SBIN0020977 is the IFSC code of State Bank of India, MUNICIPAL COMPLEX branch, in KURNOOL, 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.
