State Bank of India Rampally (SBI)
Rampally · Malkajgiri, Telangana
501002004 is the MICR code for the Rampally branch of State Bank of India, located in Malkajgiri, 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 SBIN0061773.
Bank
State Bank of India
Branch & Address
Rampally
Sly Heights, Ground Floor, Plot no 19, Prabhakar Reddy Col, Rampally Main Road, Near Andhra Bank, Rampally Village, Keesara Mandal, Medical Malkajgiri Distt 501301
Malkajgiri, Rampally, Telangana
Contact
+919505662255MICR Code Structure
501
City
002
Bank
004
Branch
City code 501 identifies the RBI clearing centre, bank code 002 identifies State Bank of India, and branch code 004 identifies this specific branch.
Online Payment Methods Supported
Other State Bank of India (SBI) branches near Malkajgiri
Other banks in Malkajgiri, Telangana
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 (SBIN0061773) 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 501002004 is in the middle, and your account number is on the right.