MICR Code: 303002045

Bank: State Bank of India
IFSC Code: Sbin0012820
MICR Code: 303002045
Address: Lalsot, Kothun Road Tiraha, Lalsot, Distt Dausa, Distdausa Raj 303503
City: Dausa
District: Lalsot
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 303002045.

  • In this case first three codes 303 is city code and it represents city Dausa.
  • Next three characters 002 represents bank State Bank of India.
  • Remaining characters which are 045 represents branch. In our case branch is located at address Lalsot, Kothun Road Tiraha, Lalsot, Distt Dausa, Distdausa Raj 303503.

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.