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  2. All Bank's Branch Addresses and IFSC/MICR Codes
  3. State Bank of India
  4. Rajasthan
  5. Ajmer
  6. Ajmer
  7. MICR: 505002301

MICR Code: 505002301

Bank: State Bank of India
IFSC Code: Sbin0012902
MICR Code: 505002301
Address: 242, First Floor Main Road Vaishali Nagar Ajmer, Dist Ajmer305001
City: Ajmer
District: Ajmer
State: Rajasthan

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 505002301.

  • In this case first three codes 505 is city code and it represents city Ajmer.
  • Next three characters 002 represents bank State Bank of India.
  • Remaining characters which are 301 represents branch. In our case branch is located at address 242, First Floor Main Road Vaishali Nagar Ajmer, Dist Ajmer305001.

How to find micr code (for example 505002301) 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.