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It is very important to find MICR code 534004400 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 534004400 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.
534004400 is the MICR Code for Palakol 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 Palakol branch is Mahatma gandhi road,palakol-534260, which is located in West Godavari District of Andhra Pradesh State.
In SBHYD Bank MICR Code, the first 4 characters (5340) represent the bank name, 5th character is 0 (ZERO), which is reserved for future use. The last 6 characters (4400) represent the State Bank Of Hyderabad branch code.
Find more information on MICR Code 534004400 of State Bank Of Hyderabad Palakol Branch MICR Code Palakol for NEFT transfer, RTGS transfer and IMPS transfer below:
*The MICR Code information presented above is for reference only. Please verify MICR Code 534004400 details before initiating any transaction!