Which bank does MICR code 500002369 belong to?

MICR code 500002369 belongs to State Bank of India, Icrisat branch, located at Aaeueasea, Medak, Andhra Pradesh. The corresponding IFSC code is SBIN0020106.

What is the IFSC code for MICR 500002369?

The IFSC code for State Bank of India Icrisat branch (MICR: 500002369) is SBIN0020106. Use the IFSC code for NEFT, RTGS, IMPS, and UPI transfers. Use the MICR code for cheque clearance.

What do the digits in a MICR code mean?

A 9-digit MICR code has three parts: the first 3 digits (500) represent the city/clearing centre, the next 3 digits (002) identify the bank, and the last 3 digits (369) identify the specific branch. For 500002369, the city code is 500, bank code is 002, and branch code is 369.

State Bank of India Icrisat (SBI)

Icrisat · Medak, Andhra Pradesh

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500002369

500002369 is the MICR code for the Icrisat branch of State Bank of India, located in Medak, Andhra Pradesh. MICR codes are printed on cheque leaves and used by the RBI's Cheque Truncation System (CTS) for cheque clearing. For online transfers, use the IFSC code SBIN0020106.

Bank

State Bank of India

Branch & Address

Icrisat

Aaeueasea

Medak, Medak, Andhra Pradesh

Contact

+918455242122

Codes for this Branch

MICR (cheques)

500002369

IFSC (online transfers)

SBIN0020106

View

SWIFT / BIC

SBININBBH10

MICR Code Structure

500

City

002

Bank

369

Branch

City code 500 identifies the RBI clearing centre, bank code 002 identifies State Bank of India, and branch code 369 identifies this specific branch.

Online Payment Methods Supported

NEFT

RTGS

IMPS

UPI

Other State Bank of India (SBI) branches near Medak

Adb Narsapur Medak, Andhra Pradesh SBIN0004720 Adb Toopran Medak, Andhra Pradesh SBIN0006649 Afa Township Dundigal Medak, Andhra Pradesh SBIN0002687 Alladurg Medak, Andhra Pradesh SBIN0005650 Annaram Medak, Telangana SBIN0021946 Ashoknagar Medak, Andhra Pradesh SBIN0018640

Other banks in Medak, Andhra Pradesh

AU Small Finance Bank 3 branches Axis Bank 5 branches Bank of Baroda 4 branches Bank of India 1 branch Bank of Maharashtra 1 branch Canara Bank 25 branches Central Bank of India 10 branches Federal Bank 1 branch

About MICR Codes

What is a MICR code used for?

MICR (Magnetic Ink Character Recognition) codes are printed on cheque leaves using special magnetic ink. They are read by cheque processing machines and used by the RBI's Cheque Truncation System (CTS) to process and clear cheque payments between banks. Each MICR code uniquely identifies a bank branch for cheque clearing purposes.

MICR vs IFSC — when do I use which?

Use MICR when paying by cheque — it's already printed on your cheque leaf and used automatically during clearing. Use IFSC (SBIN0020106) when making online transfers via NEFT, RTGS, IMPS, or UPI — banks ask for IFSC when you add a beneficiary for online payments.

Where is the MICR code on a cheque?

The MICR code is printed at the bottom of every cheque leaf in a distinctive machine-readable font, using magnetic ink. It appears in the centre of the three numbers at the bottom — the cheque number is on the left, the MICR code 500002369 is in the middle, and your account number is on the right.

View full branch details for IFSC SBIN0020106