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  2. All Bank's Branch Addresses and IFSC/MICR Codes
  3. State Bank of Bikaner and Jaipur
  4. Maharashtra
  5. Panvel
  6. Raigad
  7. MICR: 400003023

MICR Code: 400003023

Bank: State Bank of Bikaner and Jaipur
IFSC Code: Sbbj0011185
MICR Code: 400003023
Address: Neel Enclave, Plot No. 1, Sector9, Khanda Colony New Panvel
City: Raigad
District: Panvel
State: Maharashtra

What is MICR Code?

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.

Details of MICR Code

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 400003023.

  • In this case first three codes 400 is city code and it represents city Raigad.
  • Next three characters 003 represents bank State Bank of Bikaner and Jaipur.
  • Remaining characters which are 023 represents branch. In our case branch is located at address Neel Enclave, Plot No. 1, Sector9, Khanda Colony New Panvel.

How to find micr code (for example 400003023) from bank account number?

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.