MICR Code: 360002019

Bank: State Bank of India
IFSC Code: Sbin0060243
MICR Code: 360002019
Address: Madhav Kunj, Raiya Road, Rajkot 360001
City: Rajkot
District: Rajkot
State: Gujarat

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 360002019.

  • In this case first three codes 360 is city code and it represents city Rajkot.
  • Next three characters 002 represents bank State Bank of India.
  • Remaining characters which are 019 represents branch. In our case branch is located at address Madhav Kunj, Raiya Road, Rajkot 360001.

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.