MICR Code: 364002572

Bank: State Bank of India
IFSC Code: Sbin0060267
MICR Code: 364002572
Address: Taluka Palitana, Thadach 364140
City: Bhavnagar
District: Thadach
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 364002572.

  • In this case first three codes 364 is city code and it represents city Bhavnagar.
  • Next three characters 002 represents bank State Bank of India.
  • Remaining characters which are 572 represents branch. In our case branch is located at address Taluka Palitana, Thadach 364140.

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.