MICR Code: 313002503

Bank: State Bank of India
IFSC Code: Sbin0013555
MICR Code: 313002503
Address: Pancholi Bhawan N.H.8 Udaipur Road Kherwara, Distt Udaipur Rajasthan Dist Udaipur313803
City: Udaipur
District: Kherwara
State: Rajasthan

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 313002503.

  • In this case first three codes 313 is city code and it represents city Udaipur.
  • Next three characters 002 represents bank State Bank of India.
  • Remaining characters which are 503 represents branch. In our case branch is located at address Pancholi Bhawan N.H.8 Udaipur Road Kherwara, Distt Udaipur Rajasthan Dist Udaipur313803.

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.