MICR Code: 723002503

Bank: State Bank of India
IFSC Code: Sbin0002067
MICR Code: 723002503
Address: Dist Purulia, West Bengal 723130
City: Puruliya
District: Hura
State: West Bengal

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 723002503.

  • In this case first three codes 723 is city code and it represents city Puruliya.
  • 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 Dist Purulia, West Bengal 723130.

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.