Which bank does MICR code 500002512 belong to?

MICR code 500002512 belongs to State Bank of India, Platinum Branch Hyderabad branch, located at Plot 1100, Road no 36, Jubilee Hills, Hyderabad Telangana 500033, Hyderabad, Telangana. The corresponding IFSC code is SBIN0022119.

What is the IFSC code for MICR 500002512?

The IFSC code for State Bank of India Platinum Branch Hyderabad branch (MICR: 500002512) is SBIN0022119. 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 (512) identify the specific branch. For 500002512, the city code is 500, bank code is 002, and branch code is 512.

State Bank of India Platinum Branch Hyderabad (SBI)

Platinum Branch Hyderabad · Hyderabad, Telangana

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500002512

500002512 is the MICR code for the Platinum Branch Hyderabad branch of State Bank of India, located in Hyderabad, Telangana. 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 SBIN0022119.

Bank

State Bank of India

Branch & Address

Platinum Branch Hyderabad

Plot 1100, Road no 36, Jubilee Hills, Hyderabad Telangana 500033

Hyderabad, Hyderabad, Telangana

Contact

+918885555687

Codes for this Branch

MICR (cheques)

500002512

IFSC (online transfers)

SBIN0022119

View

SWIFT / BIC

SBININBBH35

MICR Code Structure

500

City

002

Bank

512

Branch

City code 500 identifies the RBI clearing centre, bank code 002 identifies State Bank of India, and branch code 512 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, Telangana

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 (SBIN0022119) 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 500002512 is in the middle, and your account number is on the right.

View full branch details for IFSC SBIN0022119