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Bank Details for MICR: 500002122

Bank NameState Bank Of India
Branch Name Hydernagar
Branch Code 011665
IFSC Code SBIN0011665
MICR Code 500002122
Bank Address Hyderabad,distrangareddy.dist500072
State Name Andhra Pradesh
City / Area Hydernagar
District Name Hyderabad Urban
Contact Details0

MICR code - 500002122 of bank Hydernagar Hyderabad Urban Andhra Pradesh India State Bank Of India is use to do any online transaction like NEFT, RTGS, ECS Transactions.

IFSC Code - SBIN0011665 of bank State Bank Of India and MICR code - 500002122 of bank State Bank Of India is use to do any online transaction or transaction related to the Hydernagar branch of State Bank Of India Hyderabad Urban Andhra Pradesh. an Invalid use ifsc code or micr code will lead to failur of the transaction.

Map Location for 500002122

MICR Code: Magnetic Ink Character Recognition MICR CODE is printed on cheque book to facilitate the Process of cheques.

National Electronic Funds Transfer (NEFT) is a nation-wide system that facilitates individuals, firms and corporates to electronically transfer funds from any bank branch to any individual, firm or corporate having an account with any other bank branch in the country. NEFT transfers are also referred as e-cheques as the funds are not transferred in real-time and the funds are settled in batches.

'RTGS' stands for Real Time Gross Settlement, which can be defined as the continuous (real-time) settlement of funds transfers individually on an order by order basis (without netting). You need the IFSC Code to identify the Branch for which you will want to transfer funds using RTGS. Note all branches don't have IFSC Codes.

'IMPS' is Immediate Payment Service and it is commonly known as Interbank Mobile Payment Service. IMPS uses IFSC codes to offer a number of fund transfer services instantly in a round the clock environment. National Payments Corporation of India (NPCI), which is an organization that regulates the retail payments in India, has provided this facility.