MICR Code: 423002400

Bank: State Bank of India
IFSC Code: Sbin0008319
MICR Code: 423002400
Address: Tal Chandwad, Distt. Nasik, Maharashtra 423104
City: Nashik
District: Dugaon
State: Maharashtra

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 423002400.

  • In this case first three codes 423 is city code and it represents city Nashik.
  • Next three characters 002 represents bank State Bank of India.
  • Remaining characters which are 400 represents branch. In our case branch is located at address Tal Chandwad, Distt. Nasik, Maharashtra 423104.

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.