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Updated: 31 Oct 2026, 12:03 pm IST

SBI Palem, Nizamabad – IFSC SBIN0020738

State Bank of India · Guvadi Kapu Sangam Bldg, Palem, Teh Bheemgal Block Nizamabad 503225, Nizamabad, Telangana

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Bank
State Bank of India
Branch
Palem
MICR Code
503002685
Address
Guvadi Kapu Sangam Bldg, Palem, Teh Bheemgal Block Nizamabad 503225
Branch Code
20738
WhatsApp these details Copies bank, branch and IFSC in the order banking apps ask for them.

Is this the right branch?

SBIN
State Bank of India
0
always zero
020738
Palem
Careful — 3 other SBI branches have the same PIN code 503225. Check the branch name on your cheque or passbook before you send money.
Palem this pageSBIN0020738Guvadi Kapu Sangam Bldg, Palem, Teh Bheemgal Block Nizamabad 503225
MortadSBIN0020268Mortad, Armoor Taluk Nizamabad 503225
SunketSBIN0022095Village Development Committee Building, No. Sunket Main Road 503225
ThimmapurSBIN0021583Grampanchayat Building Thimmapur Grampanchyat 503225

How should I send money here?

UPI
Instant · up to ₹1 lakh*
IMPS
Instant · up to ₹5 lakh
NEFT
24×7 · half-hourly batches
RTGS
Real-time · ₹2 lakh minimum

*Most banks cap UPI at ₹1 lakh a day. Limits set by your own bank may be lower.

SBI branches near Palem

Branches with other PIN codes close by:

BranchIFSCPIN
Ankapoor M/S L G & S M T Building Ankapoor 503224 SBIN0021373 503224
Armoor Branch Mahalakshmi Road, Mohsinabad, Armoor 503224 SBIN0004190 503224
Arugul Argul, Teh Armoor, Nizamabad 503224 SBIN0020574 503224
M G Road Armoor M.G. Road, Armoor 503224 SBIN0020110 503224
Perkit NH 7 Road Perkit Nagpur Highway 503224 SBIN0014156 503224
Rajaramnagar Gupta Complex, Mahalaxmi Colony, Rajaramnagar, Armoor 503224 SBIN0020894 503224
Torlikonda Z.P. Rd, Thorlikonda, Teh Armoor, Nizamabad 503224 SBIN0020562 503224
Agriculture Commercial Branch-Manchippa Manchippa, Teh Nizamabad 503230 SBIN0007532 503230
Mugpal GP New Main Road, Mugpal Nizamabad 503230 SBIN0065449 503230
Pochampad Doodgaon Balkonda Mandal 503219 SBIN0020116 503219

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IFSC Code of Palem, State Bank of India

The IFSC code of Palem branch of State Bank of India, located at Guvadi Kapu Sangam Bldg, Palem, Teh Bheemgal Block Nizamabad 503225, Nizamabad, Telangana is SBIN0020738. This code is mandatory for all electronic fund transfers — NEFT, RTGS, and IMPS — initiated to or from this branch.

The MICR (Magnetic Ink Character Recognition) code of this branch is 503002685. MICR codes are printed on cheques and used by banks to process paper-based clearing transactions.

Websitesbi.bank.in ↗
DistrictNizamabad
StateTelangana
PIN Code503225
CircleHyderabad

New to IFSC? See What is an IFSC code — how it is structured, where to find it on a cheque, and how NEFT, RTGS and IMPS use it.

More about this branch

Sample cheque showing where IFSC and MICR are printed
Sample cheque for SBIN0020738 — Palem, State Bank of India

Specimen image for reference only. IFSC SBIN0020738 belongs to Palem, State Bank of India.

Branch Location
Palem — State Bank of India
Guvadi Kapu Sangam Bldg, Palem, Teh Bheemgal Block Nizamabad 503225
Nizamabad, Telangana, India — PIN 503225
Branch details of SBIN0020738 as a JSON file
Sources: SBI — list of branches (30 Jun 2025) · RBI — NEFT-enabled bank branches (as on 15 Oct 2026) · RBI — RTGS-enabled bank branches (as on 15 Oct 2026)