MICR Code: 302059251

Bank: The South Indian Bank Ltd
IFSC Code: Sibl0000429
MICR Code: 302059251
Address: Jaipur Branch, Shop No:103&106, Apex Mall, Lal Kothi , Tonk Road , Rajasthan, Rajasthan , Pin-
City: Jaipur
District: Jaipur
State: Rajasthan

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 302059251.

  • In this case first three codes 302 is city code and it represents city Jaipur.
  • Next three characters 059 represents bank The South Indian Bank Ltd.
  • Remaining characters which are 251 represents branch. In our case branch is located at address Jaipur Branch, Shop No:103&106, Apex Mall, Lal Kothi , Tonk Road , Rajasthan, Rajasthan , Pin-.

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.