MICR Code: 457003002

Bank: State Bank of Bikaner and Jaipur
IFSC Code: Sbbj0010385
MICR Code: 457003002
Address: Station Road, Ratlam - 457001
City: Ratlam
District: Ratlam
State: Madhya Pradesh

MICR is acronym of Magnetic Ink Character Recognition. Basically it is a character-recognition technology used by the banking industry to ease the processing and clearance of cheques and other documents.

Generally MICR code is nine character long. First three charaters represent city, next three charaters represents bank name and last three charaters represents bank branch.

Let's decode MICR code 457003002.

  • In this case first three codes 457 is city code and it represents city Ratlam.
  • Next three characters 003 represents bank State Bank of Bikaner and Jaipur.
  • Remaining characters which are 002 represents branch. In our case branch is located at address Station Road, Ratlam - 457001.

The easiest way to find MICR code is to check your

  1. Bank account statement
  2. Cheques

Please examine below sample cheque for more details

I hope this clears doubts.