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It is very important to find MICR code 507004011 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 507004011 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.
507004011 is the MICR Code for Palvancha 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 Palvancha branch is Siil campus, paloncha, khammam district., which is located in Khammam District of Andhra Pradesh State.
In SBHYD Bank MICR Code, the first 4 characters (5070) represent the bank name, 5th character is 0 (ZERO), which is reserved for future use. The last 6 characters (4011) represent the State Bank Of Hyderabad branch code.
Find more information on MICR Code 507004011 of State Bank Of Hyderabad Palvancha Branch MICR Code Palvancha for NEFT transfer, RTGS transfer and IMPS transfer below:
*The MICR Code information presented above is for reference only. Please verify MICR Code 507004011 details before initiating any transaction!