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MICR code · Chhindwara

MICR code 480002518

MICR code
480002518
State Bank of India, Sausar
✔ Verified in RBI list
Bank
State Bank of India
Branch
Sausar
IFSC
SBIN0001034
Address
DIST CHHINDWARA, MADHYA PRADESH 480106
City
Chhindwara
District
Sausar
State
Madhya Pradesh
City code
480
Bank code
002
Branch code
518
Branch page
Quick summary✔ RBI data Last synced · release v2.0.62

MICR code 480002518 belongs to State Bank of India, Sausar branch in Chhindwara, Madhya Pradesh. The matching IFSC code is SBIN0001034.

How to read MICR 480002518

  • 480: the city code. It usually follows the first digits of the area's PIN code; here it is Chhindwara.
  • 002: the bank code, the same for every branch of State Bank of India in cheque clearing.
  • 518: the branch code within that city and bank.

The MICR is printed in magnetic ink at the bottom of every cheque leaf, between the cheque number and your account ID. Clearing houses read it under the Cheque Truncation System (CTS) to route the cheque to the right branch. It is not needed for NEFT, RTGS, IMPS or UPI, which use the IFSC (SBIN0001034 for this branch).

Before you deposit or write a cheque

  • Check that the MICR on the cheque matches the branch printed at the top of the leaf.
  • Use a CTS-2010 cheque; older formats are no longer cleared.
  • Write in blue or black ink and do not overwrite on the MICR band; changes can make the cheque bounce.

Frequently asked questions

Which bank does MICR 480002518 belong to?

State Bank of India, Sausar branch (Chhindwara, Madhya Pradesh).

What is the IFSC code for MICR 480002518?

SBIN0001034.

What do the digits of 480002518 mean?

480 is the city code, 002 the bank code and 518 the branch code.

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