MICR Code: 160003003

Bank: State Bank of Bikaner and Jaipur
IFSC Code: Sbbj0010859
MICR Code: 160003003
Address: Sco 4 & 5, Phase 11, Sas Nagar, Mohali, Punjab
City: Rupnagar
District: Mohali
State: Punjab

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 160003003.

  • In this case first three codes 160 is city code and it represents city Rupnagar.
  • Next three characters 003 represents bank State Bank of Bikaner and Jaipur.
  • Remaining characters which are 003 represents branch. In our case branch is located at address Sco 4 & 5, Phase 11, Sas Nagar, Mohali, Punjab.

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.