Nexnews
Loading…

NOTIFICATIONS

 
15th May
    Loading…

    IFSC Code of State Bank of India, Collectorate Complex Branch, Andhra Pradesh

    IFSC code SBIN0020951 - State Bank of India, Collectorate Complex Branch, Nalgonda, Andhra Pradesh. Use it for NEFT, RTGS and IMPS transfers.

    Use this page as a one-stop reference for everything related to State Bank of India's COLLECTORATE COMPLEX branch in NALGONDA, ANDHRA PRADESH. The branch's IFSC code SBIN0020951 is the key identifier you need whenever a remitter, employer or biller asks for a bank routing number to send funds to an account held at this branch. We have also included the branch's postal address, telephone number, banking hours, common services, and an extensive FAQ block that should answer almost every question that comes up when you are about to add this branch as a beneficiary in your net-banking app for the first time.

    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 COLLECTORATE COMPLEX branch, the IFSC SBIN0020951 breaks down as follows: SBIN identifies the bank, 0 is the reserved character, and 020951 identifies this particular branch.

    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 Collectorate Complex branch in Nalgonda, Andhra Pradesh is part of this network and uses the IFSC code SBIN0020951 for all electronic settlement.

    Branch details at a glance

    Bank NameState Bank of India
    BranchCollectorate Complex
    IFSC CodeSBIN0020951
    MICR CodeRefer to cheque leaf
    Branch AddressOO OPGOD
    CityNalgonda
    DistrictNalgonda
    StateAndhra Pradesh
    STD Code8682
    Phone232227

    About this branch

    The branch is located at OO OPGOD. It serves the Nalgonda 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 SBIN0020951 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 COLLECTORATE COMPLEX branch came to be assigned the code SBIN0020951.

    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 SBIN0020951, money simply cannot be routed to the COLLECTORATE COMPLEX branch electronically.

    Products and account variants supported

    Every account opened at the Collectorate Complex branch is mapped to IFSC SBIN0020951 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 SBIN0020951.

    Products and services

    Customers walking into the Collectorate 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 SBIN0020951

    How to transfer money using IFSC SBIN0020951

    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 SBIN0020951 across all three.

    NEFT to State Bank of India, COLLECTORATE COMPLEX using IFSC SBIN0020951

    National Electronic Funds Transfer is the simplest way to move money into an account at this branch. NEFT works around the clock, including Sundays and public holidays, and settles in half-hourly batches.

    To send funds, add the recipient as a beneficiary in your bank's online portal, key in the account number, paste the IFSC SBIN0020951, and confirm that the system picks up State Bank of India – COLLECTORATE COMPLEX. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.

    RTGS transfers via IFSC SBIN0020951

    RTGS (Real-Time Gross Settlement) is the fastest high-value transfer mechanism in India. It is meant for transfers of ₹2 lakh and above and settles each transaction individually and instantly. To remit through RTGS to State Bank of India – COLLECTORATE COMPLEX, ensure your bank's portal accepts IFSC SBIN0020951 while registering the beneficiary. RTGS is also available 24x7.

    Send money instantly through IMPS

    For a real-time, anytime transfer to State Bank of India – COLLECTORATE COMPLEX, use IMPS. With IFSC SBIN0020951 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 Collectorate 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 SBIN0020951:

    • 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 COLLECTORATE COMPLEX is still linked to IFSC SBIN0020951.

    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 SBIN0020951

    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 – COLLECTORATE COMPLEX is still mapped to IFSC SBIN0020951. 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 SBIN0020951 and the beneficiary's account number to complete the transfer.

    Online banking and IFSC SBIN0020951

    State Bank of India customers can register for net banking and the bank's official mobile app once their account at the COLLECTORATE 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 SBIN0020951 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.

    MICR & cheque-truncation details

    Cheques drawn on the Collectorate Complex branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC SBIN0020951 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.

    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 – COLLECTORATE COMPLEX:

    • The IFSC is exactly SBIN0020951 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 COLLECTORATE COMPLEX 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 Collectorate Complex branch sits at OO OPGOD. If you are travelling from outside Nalgonda, search for the branch on a maps application using the bank name and locality, or call 8682-232227 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 SBIN0020951 and your account number.

    Other ways to verify the IFSC code

    While this page already lists the verified IFSC SBIN0020951 for State Bank of India – COLLECTORATE 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.

    Working hours

    Branch counters at Collectorate Complex 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 SBIN0020951 continue to work without interruption.

    Branch address & contact

    State Bank of India
    Collectorate Complex Branch
    OO OPGOD
    Nalgonda, Andhra Pradesh
    Phone: 8682-232227
    IFSC: SBIN0020951

    Frequently asked questions

    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 Collectorate Complex branch but serve different purposes.

    How do I add State Bank of India Collectorate Complex as a beneficiary?

    Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC SBIN0020951, and complete OTP verification. Once activated, you can transfer funds at any time.

    How quickly will an NEFT transfer using SBIN0020951 be credited?

    NEFT settles in half-hourly batches around the clock. Most transfers to State Bank of India – Collectorate Complex reflect within 30 minutes.

    Can I use IFSC SBIN0020951 for IMPS transfers?

    Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC SBIN0020951 to send funds instantly.

    Where is State Bank of India Collectorate Complex branch located?

    State Bank of India's Collectorate Complex branch is located at OO OPGOD, Nalgonda, Andhra Pradesh.

    What is the phone number of State Bank of India Collectorate Complex branch?

    You can reach the branch at 8682-232227 during regular banking hours.

    Is IFSC SBIN0020951 the same for all accounts at Collectorate Complex branch?

    Yes. The IFSC SBIN0020951 is shared by every account held at State Bank of India's Collectorate Complex branch. Only the account number changes from customer to customer.

    Summary

    The IFSC code SBIN0020951 belongs to State Bank of India's COLLECTORATE COMPLEX branch, located at OO OPGOD in NALGONDA, 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.

    keyboard_arrow_up