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It is very important to find MICR code 587006509 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 587006509 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.
587006509 is the MICR Code for Lokapur branch of Sbm Bank. This can be used for online funds transfer via NEFT, RTGS amd IMPS to Sbm Bank account. The address of Lokapur branch is Plot no. 2319/1, ward no. 5, bagalkot road, lokapur,, which is located in Bagalkote District of Karnataka State.
In State Bank Of Mysore MICR Code, the first 4 characters (5870) represent the bank name, 5th character is 0 (ZERO), which is reserved for future use. The last 6 characters (6509) represent the Sbm Bank branch code.
Find more information on MICR Code 587006509 of Sbm Bank Lokapur Branch MICR Code Lokapur for NEFT transfer, RTGS transfer and IMPS transfer below:
*The MICR Code information presented above is for reference only. Please verify MICR Code 587006509 details before initiating any transaction!