MICR Code: 263002305

Bank: State Bank of India
IFSC Code: Sbin0011327
MICR Code: 263002305
Address: Dist Nainitalstate Uttaranchal
City: Nainital
District: Nainital
State: Uttarakhand

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 263002305.

  • In this case first three codes 263 is city code and it represents city Nainital.
  • Next three characters 002 represents bank State Bank of India.
  • Remaining characters which are 305 represents branch. In our case branch is located at address Dist Nainitalstate Uttaranchal.

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.