STATE BANK OF INDIA, Ifb, Mumbai, Kolaba

MICR Codes for other Branches of State Bank Of India In "Kolaba"

MICR Code for STATE BANK OF INDIAMaharashtra

The MICR code for a STATE BANK OF INDIA is a machine readable code that is used for processing and clearance of cheques. The code helps to identify the bank branch to which the cheque belongs. It is used when cheque goes for clearing, where the magnetic reader reads the code and it gets sorted automatically. This code speeds up the clearance process.

The MICR code for STATE BANK OF INDIA is printed on the bottom of every cheque leaf of the STATE BANK OF INDIA.

Decoding-400002123

400002123 the MICR code of STATE BANK OF INDIA,Ifb, MumbaiMaharashtra.

• The first 3 characters, i.e. 400 is the first three characters of PIN (Postal Index Number)
• The next three characters, i.e. 002 depicts the bank number of STATE BANK OF INDIA
• The last three charters, i.e. 123 depicts theIfb, Mumbai ofKolaba.

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