Which bank does MICR code 500002467 belong to?

MICR code 500002467 belongs to State Bank of India, Kushaiguda branch, located at C Hid, Hyderabad, Andhra Pradesh. The corresponding IFSC code is SBIN0021495.

What is the IFSC code for MICR 500002467?

The IFSC code for State Bank of India Kushaiguda branch (MICR: 500002467) is SBIN0021495. 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 (467) identify the specific branch. For 500002467, the city code is 500, bank code is 002, and branch code is 467.

State Bank of India Kushaiguda (SBI)

Kushaiguda · Hyderabad, Andhra Pradesh

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500002467

500002467 is the MICR code for the Kushaiguda branch of State Bank of India, located in Hyderabad, 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 SBIN0021495.

Bank

State Bank of India

Branch & Address

Kushaiguda

C Hid

Hyderabad, Hyderabad, Andhra Pradesh

Contact

+914027144018

Codes for this Branch

MICR (cheques)

500002467

IFSC (online transfers)

SBIN0021495

View

SWIFT / BIC

SBININBBH74

MICR Code Structure

500

City

002

Bank

467

Branch

City code 500 identifies the RBI clearing centre, bank code 002 identifies State Bank of India, and branch code 467 identifies this specific branch.

Online Payment Methods Supported

NEFT

RTGS

IMPS

UPI

Other State Bank of India (SBI) branches near Hyderabad

Administrative Office Ii, Hyderabad Hyderabad, Andhra Pradesh SBIN0011774 Amaravatiadministrativeandbusinessunit Hyderabad, Andhra Pradesh SBIN0061020 Aml Cft Hyderabad Hyderabad, Telangana SBIN0065102 Anjaneya Nagar, Hyderabad Hyderabad, Telangana SBIN0061790 AO Cyberabad Hyderabad, Telangana SBIN0063872 Arora Colony Hyderabad, Andhra Pradesh SBIN0013271

Other banks in Hyderabad, Andhra Pradesh

A.P. Mahesh Co-operative Urban Bank 28 branches AU Small Finance Bank 14 branches Axis Bank 94 branches Bandhan Bank 15 branches Bank of Bahrein and Kuwait 2 branches Bank of Baroda 56 branches Bank of India 41 branches Bank of Maharashtra 13 branches

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 (SBIN0021495) 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 500002467 is in the middle, and your account number is on the right.

View full branch details for IFSC SBIN0021495