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  2. All Bank's Branch Addresses and IFSC/MICR Codes
  3. State Bank of India
  4. Maharashtra
  5. Bhid
  6. Beed
  7. MICR: 431002983

MICR Code: 431002983

Bank: State Bank of India
IFSC Code: Sbin0003668
MICR Code: 431002983
Address: Ashiana Jalna Road Distt Beed Maharashtra 431122
City: Beed
District: Bhid
State: Maharashtra

What is MICR Code?

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.

Details of MICR Code

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 431002983.

  • In this case first three codes 431 is city code and it represents city Beed.
  • Next three characters 002 represents bank State Bank of India.
  • Remaining characters which are 983 represents branch. In our case branch is located at address Ashiana Jalna Road Distt Beed Maharashtra 431122.

How to find micr code (for example 431002983) from bank account number?

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.