MICR Code: 302002045

Bank: State Bank of India
IFSC Code: Sbin0013055
MICR Code: 302002045
Address: Bhaktakavi Shivajibhai Devshi Road, Govandi Mumbai, Distmumbai 400088
City: Greater Bombay
District: Mumbai
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 302002045.

  • In this case first three codes 302 is city code and it represents city Greater Bombay.
  • Next three characters 002 represents bank State Bank of India.
  • Remaining characters which are 045 represents branch. In our case branch is located at address Bhaktakavi Shivajibhai Devshi Road, Govandi Mumbai, Distmumbai 400088.

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.