MICR Code: 734002503

Bank: State Bank of India
IFSC Code: Sbin0008942
MICR Code: 734002503
Address: Dist Jalpaiguri, West Bengal 735215
City: Bhandara
District: Jalpaiguri
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 734002503.

  • In this case first three codes 734 is city code and it represents city Bhandara.
  • Next three characters 002 represents bank State Bank of India.
  • Remaining characters which are 503 represents branch. In our case branch is located at address Dist Jalpaiguri, West Bengal 735215.

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.