MICR Code: 302003020

Bank: State Bank of Bikaner and Jaipur
IFSC Code: Sbbj0010340
MICR Code: 302003020
Address: Shastri Nagar, Jaipur - 302006
City: Jaipur
District: Jaipur
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 302003020.

  • In this case first three codes 302 is city code and it represents city Jaipur.
  • Next three characters 003 represents bank State Bank of Bikaner and Jaipur.
  • Remaining characters which are 020 represents branch. In our case branch is located at address Shastri Nagar, Jaipur - 302006.

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.