MICR Code: 737002516

Bank: State Bank of India
IFSC Code: Sbin0007516
MICR Code: 737002516
Address: South Sikkim Sikkim 737126
City: South Sikkim
District: Namchi
State: Sikkim

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 737002516.

  • In this case first three codes 737 is city code and it represents city South Sikkim.
  • Next three characters 002 represents bank State Bank of India.
  • Remaining characters which are 516 represents branch. In our case branch is located at address South Sikkim Sikkim 737126.

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.