MICR Code: 400002994
| Bank: State Bank of India |
| IFSC Code: Sbin0004425 |
| MICR Code: 400002994 |
| Address: 12 Th Floor, State Bank Bhavan,, Madam Camae Road, Nariman Point, Mumbai, Distmumbai |
| City: Mumbai |
| 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 400002994.
- In this case first three codes 400 is city code and it represents city Mumbai.
- Next three characters 002 represents bank State Bank of India.
- Remaining characters which are 994 represents branch. In our case branch is located at address 12 Th Floor, State Bank Bhavan,, Madam Camae Road, Nariman Point, Mumbai, Distmumbai.
The easiest way to find MICR code is to check your
- Bank account statement
- Cheques
Please examine below sample cheque for more details
I hope this clears doubts.