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It is very important to find MICR code 586006503 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 586006503 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.
586006503 is the MICR Code for Basavan Bagewadi branch of Sbm Bank. This can be used for online funds transfer via NEFT, RTGS amd IMPS to Sbm Bank account. The address of Basavan Bagewadi branch is Ground floor, cts no.-1760, opposite basaveshwar temple, basavan bagewadi, dist-bijapur, which is located in Bijapur District of Karnataka State.
In State Bank Of Mysore MICR Code, the first 4 characters (5860) represent the bank name, 5th character is 0 (ZERO), which is reserved for future use. The last 6 characters (6503) represent the Sbm Bank branch code.
Find more information on MICR Code 586006503 of Sbm Bank Basavan Bagewadi Branch MICR Code Basavana Bagevadi for NEFT transfer, RTGS transfer and IMPS transfer below:
*The MICR Code information presented above is for reference only. Please verify MICR Code 586006503 details before initiating any transaction!