MICR Code: 144002403

Bank: State Bank of India
IFSC Code: Sbin0012325
MICR Code: 144002403
Address: Nri Nawanshahr, Railway Road, Nawanshahr, Distnawanshahr144505
City: Navansahar
District: Nawanshahar
State: Punjab

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 144002403.

  • In this case first three codes 144 is city code and it represents city Navansahar.
  • Next three characters 002 represents bank State Bank of India.
  • Remaining characters which are 403 represents branch. In our case branch is located at address Nri Nawanshahr, Railway Road, Nawanshahr, Distnawanshahr144505.

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.