MICR Code: 360059002

Bank: The South Indian Bank Ltd
IFSC Code: Sibl0000466
MICR Code: 360059002
Address: G4/A, Solitaire Bldg, Near Navjot Park, Rajkot, Gujarat
City: Rajkot
District: Rajkot
State: Gujarat

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 360059002.

  • In this case first three codes 360 is city code and it represents city Rajkot.
  • Next three characters 059 represents bank The South Indian Bank Ltd.
  • Remaining characters which are 002 represents branch. In our case branch is located at address G4/A, Solitaire Bldg, Near Navjot Park, Rajkot, Gujarat.

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.