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  2. All Bank's Branch Addresses and IFSC/MICR Codes
  3. State Bank of India
  4. Maharashtra
  5. Nanded
  6. Nanded
  7. MICR: 431002701

MICR Code: 431002701

Bank: State Bank of India
IFSC Code: Sbin0003498
MICR Code: 431002701
Address: Opp Balaji Oil Industries, Near Laxmi Talkies, Distt Nanded, Maharashtra 431709
City: Nanded
District: Nanded
State: Maharashtra

What is MICR Code?

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.

Details of MICR Code

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 431002701.

  • In this case first three codes 431 is city code and it represents city Nanded.
  • Next three characters 002 represents bank State Bank of India.
  • Remaining characters which are 701 represents branch. In our case branch is located at address Opp Balaji Oil Industries, Near Laxmi Talkies, Distt Nanded, Maharashtra 431709.

How to find micr code (for example 431002701) from bank account number?

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.