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Verified Branch

State Bank of India

STEEL PLANT Branch, VISHAKAPATNAM

IFSC Code
SBIN0006318
Required for NEFT, RTGS, IMPS money transfers
MICR Code
530002025
Used in magnetic paper cheque clearing

11-Character IFSC Anatomy Breakdown

SBIN Bank Code (1-4)
0 Control Zero (5th)
006318 Branch Code (6-11)

Complete Branch Details

Full Address NEAR STEEL PLANT ADMN BLD, STEEL PLANT PREMISES, DISTT. VISHAKHAPATNAM, AP 530 031
State ANDHRA PRADESH
District / City VISAKHAPATNAM
Centre / Region VISAKHAPATNAM
Contact / Helpline 1800 1800 (Toll Free)
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Electronic Transfer Capabilities & Limits

NEFT

Available 24x7

Half-hourly batch clearance

RTGS

Min. ₹2 Lakh

Real-time gross settlement

IMPS

Instant Transfer

Up to ₹5 Lakh limit

UPI / QR

1-Tap VPA

GPay, PhonePe, Paytm

How to Transfer Money to this Branch

  1. Log in to your mobile banking app or Internet Banking portal (SBI, HDFC, ICICI, etc.).
  2. Navigate to Fund Transfer → Add Beneficiary / Payee.
  3. Enter the recipient's Account Number and paste IFSC code SBIN0006318.
  4. Confirm bank name displays as State Bank of India and branch as STEEL PLANT.
  5. Select payment mode (IMPS for instant <₹5L, or RTGS for >₹2L) and authenticate with OTP/MPIN.

Frequently Asked Questions (SBIN0006318)

What is the IFSC code of State Bank of India STEEL PLANT branch? ↓

The verified 11-digit IFSC code is SBIN0006318. This unique alphanumeric code is used for routing electronic fund transfers via NEFT, RTGS, IMPS, and clearing networks across India.

Can I transfer money on Sundays and bank holidays using this IFSC code? ↓

Yes! Under Reserve Bank of India (RBI) directives, NEFT, RTGS, IMPS, and UPI operate 24x7x365, including Sundays, second/fourth Saturdays, and public holidays. Electronic transfers will be processed automatically without branch intervention.

What is the MICR code of State Bank of India STEEL PLANT? ↓

The 9-digit Magnetic Ink Character Recognition (MICR) code is 530002025. It is printed on cheque leaves for high-speed automated sorting at RBI clearing houses.

Where is the branch located? ↓

The official branch address is NEAR STEEL PLANT ADMN BLD, STEEL PLANT PREMISES, DISTT. VISHAKHAPATNAM, AP 530 031, located in VISAKHAPATNAM district, ANDHRA PRADESH.

Other State Bank of India Branches in VISAKHAPATNAM

SBIN0002267

MOHAN NAGAR TOWNSHIP Branch

SALEM, TAMIL NADU

 SBIN0002833

BHILAI STEEL PLANT Branch

DURG, CHHATTISGARH

 SBIN0005739

SALEM STEEL PLANT CAMPUS, SALEM Branch

SALEM, TAMIL NADU

 SBIN0008009

ASP DURGAPUR Branch

BARDHAMAN, WEST BENGAL

 SBIN0010126

BHUSAN STEEL PLANT,NARENDRAPUR Branch

GANJAM, ODISHA

 SBIN0012086

R S P CAMPUS BRANCH, ROURKELA Branch

SUNDERGARH, ODISHA

 SBIN0030302

CHHATONA Branch

BILASPUR, CHHATTISGARH

 SBIN0000246

BOKARO STEEL CITY Branch

BOKARO, JHARKHAND

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