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It is very important to find MICR code 502002003 of correct branch before initiating a NEFT or RTGS or IMPS transfer. Though all banks will have a mechanism to verify the MICR Code, Bank Branch, Account Type and Name and any mismatch will result in failed transaction!
The best and simplest place to verify 502002003 MICR code branch is the cheque book. Most banks now print MICR Codes on the cheque books. Also, your account pass book should have the MICR Code printed.
502002003 is the MICR Code for Siddipet branch of SBI. This can be used for online funds transfer via NEFT, RTGS amd IMPS to SBI account. The address of Siddipet branch is Mangamma thota, near munisif court, siddipet, medak ap502 103, which is located in Medak District of Andhra Pradesh State.
In State Bank Of India MICR Code, the first 4 characters (5020) represent the bank name, 5th character is 0 (ZERO), which is reserved for future use. The last 6 characters (2003) represent the SBI Bank branch code.
Find more information on MICR Code 502002003 of SBI Siddipet Branch MICR Code Siddipet for NEFT transfer, RTGS transfer and IMPS transfer below:
*The MICR Code information presented above is for reference only. Please verify MICR Code 502002003 details before initiating any transaction!