MICR Code: 402002917

Bank: State Bank of India
IFSC Code: Sbin0007289
MICR Code: 402002917
Address: R C F Complex Thal Post Alibag Taluka Distt Raigad Maharashtra 402207
City: Raigad
District: Thal
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 402002917.

  • In this case first three codes 402 is city code and it represents city Raigad.
  • Next three characters 002 represents bank State Bank of India.
  • Remaining characters which are 917 represents branch. In our case branch is located at address R C F Complex Thal Post Alibag Taluka Distt Raigad Maharashtra 402207.

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.