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It is very important to find MICR code 502004998 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 502004998 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.
502004998 is the MICR Code for New Collectorate Complex Sangareddy branch of State Bank Of Hyderabad. This can be used for online funds transfer via NEFT, RTGS amd IMPS to State Bank Of Hyderabad account. The address of New Collectorate Complex Sangareddy branch is Mig-58, aphb phase-ii, main roadpathireddypalli,3, sangareddy medak dist, ap502295, which is located in Medak District of Andhra Pradesh State.
In SBHYD Bank 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 (4998) represent the State Bank Of Hyderabad branch code.
Find more information on MICR Code 502004998 of State Bank Of Hyderabad New Collectorate Complex Sangareddy Branch MICR Code Sangareddy for NEFT transfer, RTGS transfer and IMPS transfer below:
*The MICR Code information presented above is for reference only. Please verify MICR Code 502004998 details before initiating any transaction!