It is very important to find IFSC code SBHY0020306 of correct branch before initiating a NEFT or RTGS or IMPS transfer. Though all banks will have a mechanism to verify the IFSC Code, Bank Branch, Account Type and Name and any mismatch will result in failed transaction!
The best and simplest place to verify SBHY0020306 IFSC code branch is the cheque book. Most banks now print IFSC Codes on the cheque books. Also, your account pass book should have the IFSC Code printed.
SBHY0020306 is the IFSC Code for Palam branch of State Bank Of Hyderabad. This can be used for online funds transfer via NEFT, RTGS amd IMPS to State Bank Of Hyderabad account. The address of Palam branch is Palam,gangakhed taluk, which is located in Parbhani District of Maharashtra State.
In SBHYD Bank IFSC Code, the first 4 characters (SBHY) represent the bank name, 5th character is 0 (ZERO), which is reserved for future use. The last 6 characters (020306) represent the State Bank Of Hyderabad branch code.
*The IFSC Code information presented above is for reference only. Please verify IFSC Code SBHY0020306 details before initiating any transaction!