SBHY0020738 Old IFSC Code - New IFSC Code SBIN0020738

Old State Bank Of Hyderabad IFSC code 'SBHY0020738' for Palem branch has been updated to State Bank Of India IFSC code 'SBIN0020738'. Please confirm with your Bank before initiating a transaction.

Old IFSC Code

Comparison of Old IFSC SBHY0020738 and New IFSC SBIN0020738 Details

The table below compares the details of the old IFSC code SBHY0020738 and the new IFSC code SBIN0020738. Please verify the bank name, branch name, city, state, and other details before making any transactions.

OLD IFSC Code	SBHY0020738 Find its more details like Business Hour, Contact details, Address, Services, etc. Link @
Old Bank Name	State Bank Of Hyderabad
Branch Name	Palem
Address	Guvadi kapu sangam bldg. , palem, teh. Bheemgal block
District	Nizamabad
State	Andhra Pradesh

NEW IFSC Code	SBIN0020738 Find its more details like Business Hour, Contact details, Address, Services, etc. Link @
New Bank Name	State Bank Of India
Branch Name	Palem
Address	Main road, guradi kapu sangam, palem, morthad mandal, nizamabad, telangana 503225
District	Nizamabad
State	Andhra Pradesh

*Verified against latest RBI IFSC Code release dated 30-Apr-26. Please visit Updates page for more details. The IFSC Code information presented above is for reference only. Please verify IFSC Code details before initiating any transaction!

Important Dates for SBHY0020738 IFSC Code Change

The table below lists the important dates related to the change of IFSC code from SBHY0020738 to SBIN0020738 because State Bank Of Hyderabad was merged into/ acquired by State Bank Of India.

Declared On	15-Jun-2016
Completed On	31-Mar-2017

IFSC Changed On	21-Aug-2018
Last Verified On	30-Apr-26

Frequently Asked Questions about SBHY0020738 IFSC Code Change

Why was the IFSC code SBHY0020738 changed to SBIN0020738?

The IFSC code SBHY0020738 was changed to SBIN0020738 due to the merger of State Bank Of Hyderabad into State Bank Of India. The change was part of the integration process to unify the banking operations under the acquiring bank, resulting in updated IFSC codes for the merged branches.

How can I verify that SBIN0020738 is the correct replacement for SBHY0020738?

Check the branch name, bank name, city, state, and updated IFSC code shown on this page before making a transfer. For this pair, verify Palem, Nizamabad, Andhra Pradesh, and IFSC code SBIN0020738 with your bank before making any transaction.

Is the old IFSC code SBHY0020738 still valid for transactions?

The old IFSC code SBHY0020738 should be treated as a legacy IFSC code for transaction purposes. Use the new IFSC code SBIN0020738 after verifying the branch details shown on this page and confirming with the bank before making a transaction.

What steps should I take after finding the new IFSC code SBIN0020738?

After confirming that SBIN0020738 is the correct replacement for SBHY0020738, update any saved beneficiary or payment records that still use the old IFSC code. This may include banking payees, accounting records, invoices, or cheque-related references. Verify the branch details before making a transaction.

Copied!