MICR Code: 110007097
| Bank: State Bank of Patiala |
| IFSC Code: Stbp0001521 |
| MICR Code: 110007097 |
| Address: 32-33 Basement, Kushal Bazar, Nehru Place, New Delhi 110019 |
| City: Delhi |
| District: New Delhi |
| State: Delhi |
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 110007097.
- In this case first three codes 110 is city code and it represents city Delhi.
- Next three characters 007 represents bank State Bank of Patiala.
- Remaining characters which are 097 represents branch. In our case branch is located at address 32-33 Basement, Kushal Bazar, Nehru Place, New Delhi 110019.
The easiest way to find MICR code is to check your
- Bank account statement
- Cheques
Please examine below sample cheque for more details
I hope this clears doubts.