Do you need to transfer money to the State Bank of India, Zilla Parshad Branch account? All you need is the beneficiary account number and IFSC code of SBI ZP Branch Khammam SBIN0020780 to transfer money.
The IFSC Code of State Bank of India Zilla Parishad Khammam is to transfer funds via RTGS, NEFT, or IMPS. Recently the State Bank of India provided a UPI transfer facility using UPI IDs or IFSC codes to transfer money.
Reserve Bank of India will allow the IFSC Code to all banks and their respective branches in India. This code is on cheques, bank account passbooks, or the Reserve Bank of India website.
What is the IFSC Code of SBI ZP Branch Khammam?
Below is the IFSC Code of State Bank of India Zilla Parishad Khammam, Telangana. Get the address, MICR code, and contact details of SBI Bank Zilla Parishad branch, Khammam.
| Bank: | STATE BANK OF INDIA |
| IFSC: | SBIN0020780 |
| MICR Code: | 507002014 |
| Branch Code: | 020780 (Last Six Characters of IFSC Code) |
| Branch: | Zilla Parishad |
| City: | Khammam |
| District: | Khammam |
| State: | Telangana |
| Address: | Wyra Road, Khammam |
| Phone No: | +918742223214 |
How to transfer money using SBI NEFT & RTGS
The customers of the State Bank of India can transfer money using NEFT (National Electronic Funds Transfer), RTGS (Real Time Gross Settlement System) and IMPS platforms. Using these, we can transfer funds across different accounts, banks, cities and even states.
NEFT (National Electronic Funds Transfer)
National Electronic Funds Transfer is to transfer smaller amounts of money which do not exceed Rs 99999. Fill in the details as per the fund transfer instruction form, which is available at the bank. Below are the details to be filled in the instruction form:
- Recipient name
- Account Number and type of account
- Bank name, branch, IFSC code
- Transfer amount
- Remark, if required to the receiver
NEFT transactions are done every day except the 2nd & 4th Saturdays and Sundays. Charges & Fees for every NEFT transaction by SBI bank
| Transaction Charges | NEFT |
|---|---|
| Cash up to INR 10,000 | INR 2,50 + Taxes Applied |
| Cash INR 10,000 and INR 1 lakh | INR 5 + Taxes Applied |
| INR 1 lakh and INR 2 lakh | INR 15 +Taxes Applied |
| Cash INR 2 lakh and INR 5 lakh | INR 25 + Taxes Applied |
| INR 5 lakh and INR 10 lakh | INR 25 +Taxes Applied |
RTGS (Real Time Gross Settlement System)
We can transfer the money from 1 Lakh and above through RTGS. Individuals must visit net banking or walk into any State Bank of India branch to do RTGS transactions. Fill in the details as per the fund transfer instruction form, which is available at the bank. Below are the details to be filled in the instruction form:
- Recipient name
- Account Number and type of account
- Bank name, branch, IFSC code
- Transfer amount
- Remark, if required to the receiver
We can do RTGS on all weekdays and Saturdays except Sundays and National holidays. Charges & Fees for every RTGS transaction by SBI bank:
| Amount | Charge(per transaction, excluding taxes) |
|---|---|
| INR 2 lakh(Minimum Amount) | – |
| Cash INR 2 lakh to INR 5 lakh | INR 25 + Applied Taxes |
| INR 5 lakh to INR 10 lakh | INR 50 + Applied Taxes |
FAQs
The IFSC code of the State Bank of India Zilla Parishad Khammam is SBIN0020780.
The working hours of SBI Bank Zilla Parishad Khammam are from Monday to Saturday, 10 AM to 4 PM, except on the 2nd and 4th Saturdays.
We can find the IFSC code on the bank’s cheque leaf and bank account passbook. We can also find it on the Reserve Bank of India’s official website and the respective bank’s official website.