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MICR code · Balasore

MICR code 756002516

MICR code
756002516
State Bank of India, Chandipur
✔ Verified in RBI list
Bank
State Bank of India
Branch
Chandipur
IFSC
SBIN0005755
Address
DISTBALASORE ORISSA 756025
City
Balasore
District
Chandipur
State
Odisha
City code
756
Bank code
002
Branch code
516
Branch page
Quick summary✔ RBI data Last synced · release v2.0.62

MICR code 756002516 belongs to State Bank of India, Chandipur branch in Balasore, Odisha. The matching IFSC code is SBIN0005755.

How to read MICR 756002516

  • 756: the city code. It usually follows the first digits of the area's PIN code; here it is Balasore.
  • 002: the bank code, the same for every branch of State Bank of India in cheque clearing.
  • 516: 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 (SBIN0005755 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 756002516 belong to?

State Bank of India, Chandipur branch (Balasore, Odisha).

What is the IFSC code for MICR 756002516?

SBIN0005755.

What do the digits of 756002516 mean?

756 is the city code, 002 the bank code and 516 the branch code.

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