State Bank of India Mini Racpc Nalgonda (SBI)
Mini Racpc Nalgonda · Nalgonda, Telangana
508002031 is the MICR code for the Mini Racpc Nalgonda branch of State Bank of India, located in Nalgonda, 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 SBIN0064115.
Bank
State Bank of India
Branch & Address
Mini Racpc Nalgonda
D no 6-2-651 Yelishala Colony Opp Market Yard, Hyderabad Road Nalgonda-508001
Nalgonda, Nalgonda, Telangana
Contact
+918682226146MICR Code Structure
508
City
002
Bank
031
Branch
City code 508 identifies the RBI clearing centre, bank code 002 identifies State Bank of India, and branch code 031 identifies this specific branch.
Online Payment Methods Supported
Other State Bank of India (SBI) branches near Nalgonda
Other banks in Nalgonda, 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 (SBIN0064115) 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 508002031 is in the middle, and your account number is on the right.