IFSC Code of State Bank of India, Vishakhapatnam Muvvalavanipalem Branch, Andhra Pradesh

Use this page as a one-stop reference for everything related to State Bank of India's VISHAKHAPATNAM MUVVALAVANIPALEM branch in VISHAKAPATNAM, ANDHRA PRADESH. The branch's IFSC code SBIN0020535 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 VISHAKHAPATNAM MUVVALAVANIPALEM branch, the IFSC SBIN0020535 breaks down as follows: SBIN identifies the bank, 0 is the reserved character, and 020535 identifies this particular branch.

Bank profile

State Bank of India is among the recognised banks listed on the Reserve Bank of India's payments network. The Vishakhapatnam Muvvalavanipalem branch — IFSC SBIN0020535 — extends the bank's services to customers in and around Vishakapatnam, Andhra Pradesh.

Branch details at a glance

About the Vishakhapatnam Muvvalavanipalem branch

The Vishakhapatnam Muvvalavanipalem branch of State Bank of India is situated at BPLOTNO11SECTOR6UVVALAVANPALEVSAKHAPATNA. 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 SBIN0020535 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 VISHAKHAPATNAM MUVVALAVANIPALEM branch came to be assigned the code SBIN0020535.

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 SBIN0020535, money simply cannot be routed to the VISHAKHAPATNAM MUVVALAVANIPALEM branch electronically.

Account types you can open at the Vishakhapatnam Muvvalavanipalem branch

Once you have an account at State Bank of India – VISHAKHAPATNAM MUVVALAVANIPALEM, the IFSC SBIN0020535 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 Vishakhapatnam Muvvalavanipalem branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 891-2551701.

• 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 SBIN0020535

How to transfer money using IFSC SBIN0020535

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 SBIN0020535 across all three.

NEFT to State Bank of India, VISHAKHAPATNAM MUVVALAVANIPALEM using IFSC SBIN0020535

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 SBIN0020535, and confirm that the system picks up State Bank of India – VISHAKHAPATNAM MUVVALAVANIPALEM. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.

Real-Time Gross Settlement to VISHAKHAPATNAM MUVVALAVANIPALEM

If you need to transfer ₹2 lakh or more in one go to an account at State Bank of India's VISHAKHAPATNAM MUVVALAVANIPALEM branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC SBIN0020535 while initiating the transfer and the credit will appear within minutes.

IMPS to State Bank of India VISHAKHAPATNAM MUVVALAVANIPALEM (IFSC SBIN0020535)

IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC SBIN0020535 in your mobile or internet banking app, and the money is credited to the VISHAKHAPATNAM MUVVALAVANIPALEM branch account within seconds.

Comparing NEFT, RTGS and IMPS for transfers to Vishakhapatnam Muvvalavanipalem

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 SBIN0020535:

• 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 VISHAKHAPATNAM MUVVALAVANIPALEM is still linked to IFSC SBIN0020535.

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 SBIN0020535

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 – VISHAKHAPATNAM MUVVALAVANIPALEM is still mapped to IFSC SBIN0020535. 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 SBIN0020535 and the beneficiary's account number to complete the transfer.

Online banking and IFSC SBIN0020535

State Bank of India customers can register for net banking and the bank's official mobile app once their account at the VISHAKHAPATNAM MUVVALAVANIPALEM 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 SBIN0020535 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 SBIN0020535 and the account number together uniquely identify the Vishakhapatnam Muvvalavanipalem 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 – VISHAKHAPATNAM MUVVALAVANIPALEM:

• The IFSC is exactly SBIN0020535 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 VISHAKHAPATNAM MUVVALAVANIPALEM 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 Vishakhapatnam Muvvalavanipalem branch sits at BPLOTNO11SECTOR6UVVALAVANPALEVSAKHAPATNA. If you are travelling from outside Vishakapatnam, search for the branch on a maps application using the bank name and locality, or call 891-2551701 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 SBIN0020535 and your account number.

Other ways to verify the IFSC code

While this page already lists the verified IFSC SBIN0020535 for State Bank of India – VISHAKHAPATNAM MUVVALAVANIPALEM, 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 Vishakhapatnam Muvvalavanipalem branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC SBIN0020535, however, work 24x7.

Branch address & contact

Frequently asked questions

Summary

The IFSC code SBIN0020535 belongs to State Bank of India's VISHAKHAPATNAM MUVVALAVANIPALEM branch, located at BPLOTNO11SECTOR6UVVALAVANPALEVSAKHAPATNA in VISHAKAPATNAM, 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.