MICR Code: 323003503
| Bank: State Bank of Bikaner and Jaipur |
| IFSC Code: Sbbj0011007 |
| MICR Code: 323003503 |
| Address: Sbbj Kapren, Motor Market, Kota Road, Kapren, Tehsil Patan Keshorai, Dist Bundi, Rajasthan |
| City: Bundi |
| District: Patan Keshorai |
| 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 323003503.
- 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 503 represents branch. In our case branch is located at address Sbbj Kapren, Motor Market, Kota Road, Kapren, Tehsil Patan Keshorai, Dist Bundi, Rajasthan.
The easiest way to find MICR code is to check your
- Bank account statement
- Cheques
Please examine below sample cheque for more details
I hope this clears doubts.