MICR Code: 323003051

Bank: State Bank of Bikaner and Jaipur
IFSC Code: Sbbj0011231
MICR Code: 323003051
Address: Nainawa Road, Bundi, Rajasthan 323001
City: Bundi
District: Bundi
State: Rajasthan

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 323003051.

  • In this case first three codes 323 is city code and it represents city Bundi.
  • Next three characters 003 represents bank State Bank of Bikaner and Jaipur.
  • Remaining characters which are 051 represents branch. In our case branch is located at address Nainawa Road, Bundi, Rajasthan 323001.

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.