Branch:Lower Parel, Mumbai
Address:Madhusudan Mills Compound,pandurang Budhkar Marg,mumbai, Maharashtra, pin-400013
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.
400002048 the MICR code of STATE BANK OF INDIA,Lower Parel, MumbaiMaharashtra.