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It is very important to find MICR code 515002301 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 515002301 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.
515002301 is the MICR Code for Madakasira branch of SBI. This can be used for online funds transfer via NEFT, RTGS amd IMPS to SBI account. The address of Madakasira branch is Dist anantapur, a p 515501, which is located in Anantpur District of Andhra Pradesh State.
In State Bank Of India MICR Code, the first 4 characters (5150) represent the bank name, 5th character is 0 (ZERO), which is reserved for future use. The last 6 characters (2301) represent the SBI Bank branch code.
Find more information on MICR Code 515002301 of SBI Madakasira Branch MICR Code Madakasira for NEFT transfer, RTGS transfer and IMPS transfer below:
*The MICR Code information presented above is for reference only. Please verify MICR Code 515002301 details before initiating any transaction!