MICR Code: 301002155

Bank: State Bank of India
IFSC Code: Sbin0012940
MICR Code: 301002155
Address: Akanksha Tower, Achole Road, Nallasopara East, Dist Thane 401209
City: Thane
District: Nallasopara
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 301002155.

  • In this case first three codes 301 is city code and it represents city Thane.
  • Next three characters 002 represents bank State Bank of India.
  • Remaining characters which are 155 represents branch. In our case branch is located at address Akanksha Tower, Achole Road, Nallasopara East, Dist Thane 401209.

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.