MICR Code: 803002003

Bank: State Bank of India
IFSC Code: Sbin0001216
MICR Code: 803002003
Address: Distnalanda Bihar 803101
City: Nalanda
District: Bihar Sharif
State: Bihar

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 803002003.

  • In this case first three codes 803 is city code and it represents city Nalanda.
  • Next three characters 002 represents bank State Bank of India.
  • Remaining characters which are 003 represents branch. In our case branch is located at address Distnalanda Bihar 803101.

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.