MICR Code: 400007017

Bank: State Bank of Patiala
IFSC Code: Stbp0001014
MICR Code: 400007017
Address: Shop No.1-5, Gnd Floor, Anita Accord, Lokhandvala Complex, Mhada Layout, Akurli Road, Kandivali East, Mumbai-400101
City: Greater Bombay
District: Mumbai
State: Maharashtra

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 400007017.

  • In this case first three codes 400 is city code and it represents city Greater Bombay.
  • Next three characters 007 represents bank State Bank of Patiala.
  • Remaining characters which are 017 represents branch. In our case branch is located at address Shop No.1-5, Gnd Floor, Anita Accord, Lokhandvala Complex, Mhada Layout, Akurli Road, Kandivali East, Mumbai-400101.

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.