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Bank Details for MICR: 500007005

Bank NameState Bank Of Patiala
Branch Name Shamshabad
Branch Code 001066
IFSC Code STBP0001066
MICR Code 500007005
Bank Address No 20-114/3, Rb Nagar, Shamshabad, Dist Ranga Reddy, Andhra Pradesh, Pin 501218
State Name Andhra Pradesh
City / Area Rangareddy
District Name Shamshabad
Contact Details223471

MICR code - 500007005 of bank Shamshabad Shamshabad Andhra Pradesh India State Bank Of Patiala is use to do any online transaction like NEFT, RTGS, ECS Transactions.

IFSC Code - STBP0001066 of bank State Bank Of Patiala and MICR code - 500007005 of bank State Bank Of Patiala is use to do any online transaction or transaction related to the Shamshabad branch of State Bank Of Patiala Shamshabad Andhra Pradesh. an Invalid use ifsc code or micr code will lead to failur of the transaction.

Map Location for 500007005

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.