MICR Code: 306003027

Bank: State Bank of Bikaner and Jaipur
IFSC Code: Sbbj0011262
MICR Code: 306003027
Address: Near Mega Township, Punayata Industrial Area, Pali
City: Pali
District: Pali
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 306003027.

  • In this case first three codes 306 is city code and it represents city Pali.
  • Next three characters 003 represents bank State Bank of Bikaner and Jaipur.
  • Remaining characters which are 027 represents branch. In our case branch is located at address Near Mega Township, Punayata Industrial Area, Pali.

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.