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  2. All Bank's Branch Addresses and IFSC/MICR Codes
  3. State Bank of India
  4. Maharashtra
  5. Rajapur
  6. Ratnagiri
  7. MICR: 416002878

MICR Code: 416002878

Bank: State Bank of India
IFSC Code: Sbin0001177
MICR Code: 416002878
Address: Distratnagiri Maharashtra 416702
City: Ratnagiri
District: Rajapur
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 416002878.

  • In this case first three codes 416 is city code and it represents city Ratnagiri.
  • Next three characters 002 represents bank State Bank of India.
  • Remaining characters which are 878 represents branch. In our case branch is located at address Distratnagiri Maharashtra 416702.

How to find micr code (for example 416002878) 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.