IFSC Code of State Bank of India, Mig Colony Ramachandrapuram Branch, Andhra Pradesh

This page lists the IFSC code, branch address, contact number and fund-transfer information for State Bank of India, MIG COLONY RAMACHANDRAPURAM branch in RANGA REDDY. The 11-digit IFSC SBIN0021053 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 MIG COLONY RAMACHANDRAPURAM 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 MIG COLONY RAMACHANDRAPURAM branch, the IFSC SBIN0021053 breaks down as follows: SBIN identifies the bank, 0 is the reserved character, and 021053 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 Mig Colony Ramachandrapuram branch in Ranga Reddy, Andhra Pradesh is part of this network and uses the IFSC code SBIN0021053 for all electronic settlement.

Branch details at a glance

About this branch

The branch is located at I3BHELRAACHANDRAPURAEDAKDIST. It serves the Ranga Reddy 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 SBIN0021053 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 MIG COLONY RAMACHANDRAPURAM of State Bank of India — its own 11-character IFSC. The code SBIN0021053 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 SBIN0021053 the same way you would treat your account number — verify it once and save it carefully for future use.

Account types you can open at the Mig Colony Ramachandrapuram branch

Once you have an account at State Bank of India – MIG COLONY RAMACHANDRAPURAM, the IFSC SBIN0021053 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 Mig Colony Ramachandrapuram branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 2452-230202.

• 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 SBIN0021053

How to transfer money using IFSC SBIN0021053

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 SBIN0021053 across all three.

How to use IFSC SBIN0021053 for an NEFT transfer

NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to State Bank of India's MIG COLONY RAMACHANDRAPURAM 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).

1. Log in to your internet banking or mobile banking app.
2. Choose Add Beneficiary and select NEFT / Other Bank.
3. Enter the beneficiary name, account number and the IFSC SBIN0021053.
4. Confirm the bank name auto-populates as State Bank of India and the branch as MIG COLONY RAMACHANDRAPURAM.
5. 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 MIG COLONY RAMACHANDRAPURAM

If you need to transfer ₹2 lakh or more in one go to an account at State Bank of India's MIG COLONY RAMACHANDRAPURAM branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC SBIN0021053 while initiating the transfer and the credit will appear within minutes.

IMPS to State Bank of India MIG COLONY RAMACHANDRAPURAM (IFSC SBIN0021053)

IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC SBIN0021053 in your mobile or internet banking app, and the money is credited to the MIG COLONY RAMACHANDRAPURAM branch account within seconds.

NEFT vs RTGS vs IMPS — which one should you use?

All three modes accept the IFSC SBIN0021053 for State Bank of India – MIG COLONY RAMACHANDRAPURAM, but they differ in speed, minimum amount and use case. The table below summarises the differences so you can pick the right channel for the situation at hand.

For most retail customers crediting the Mig Colony Ramachandrapuram branch, NEFT or IMPS will be the quickest and most economical option. RTGS comes in for one-off, high-value movements such as property purchases, vendor settlements or large gifts.

UPI payments and IFSC SBIN0021053

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 – MIG COLONY RAMACHANDRAPURAM is still mapped to IFSC SBIN0021053. 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 SBIN0021053 and the beneficiary's account number to complete the transfer.

Online banking and IFSC SBIN0021053

State Bank of India customers can register for net banking and the bank's official mobile app once their account at the MIG COLONY RAMACHANDRAPURAM 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 SBIN0021053 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 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 SBIN0021053 and the account number together uniquely identify the Mig Colony Ramachandrapuram 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 – MIG COLONY RAMACHANDRAPURAM:

• The IFSC is exactly SBIN0021053 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 MIG COLONY RAMACHANDRAPURAM 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 Mig Colony Ramachandrapuram branch sits at I3BHELRAACHANDRAPURAEDAKDIST. If you are travelling from outside Ranga Reddy, search for the branch on a maps application using the bank name and locality, or call 2452-230202 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 SBIN0021053 and your account number.

Verifying IFSC SBIN0021053 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 SBIN0021053 by:

• Looking at the cheque leaf – IFSC is printed near the MICR band.
• Opening the passbook's first page.
• Calling the branch directly on 2452-230202.
• Visiting the bank's official branch locator page.

Working hours

Branch counters at Mig Colony Ramachandrapuram 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 SBIN0021053 continue to work without interruption.

Branch address & contact

Frequently asked questions

Summary

The IFSC code SBIN0021053 belongs to State Bank of India's MIG COLONY RAMACHANDRAPURAM branch, located at I3BHELRAACHANDRAPURAEDAKDIST in RANGA REDDY, 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.