1. Home
  2. All Bank's Branch Addresses and IFSC/MICR Codes
  3. State Bank of India
  4. Maharashtra
  5. Panvel
  6. Raigad
  7. MICR: 400002220

MICR Code: 400002220

Bank: State Bank of India
IFSC Code: Sbin0060383
MICR Code: 400002220
Address: Payal Complex, Sector No 17, Dist Raigadh, New Panveleast 410206
City: Raigad
District: Panvel
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 400002220.

  • In this case first three codes 400 is city code and it represents city Raigad.
  • Next three characters 002 represents bank State Bank of India.
  • Remaining characters which are 220 represents branch. In our case branch is located at address Payal Complex, Sector No 17, Dist Raigadh, New Panveleast 410206.

How to find micr code (for example 400002220) 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.