MICR Code: 400005007

Bank: State Bank of India
IFSC Code: Sbin0030336
MICR Code: 400005007
Address: 49, Shopping Centre, Jnpt Township, Sheva, Navi Mumbai
City: Raigarh
District: Nhava Sheva
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 400005007.

  • In this case first three codes 400 is city code and it represents city Raigarh.
  • Next three characters 005 represents bank State Bank of India.
  • Remaining characters which are 007 represents branch. In our case branch is located at address 49, Shopping Centre, Jnpt Township, Sheva, Navi Mumbai.

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.