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MICR code · Kandhamal

MICR code 762002530

MICR code
762002530
State Bank of India, Simonbadi
✔ Verified in RBI list
Bank
State Bank of India
Branch
Simonbadi
IFSC
SBIN0007834
Address
DIST KANDHAMAL,ORISSA 762106
City
Kandhamal
District
Simanbadi
State
Odisha
City code
762
Bank code
002
Branch code
530
Branch page
Quick summary✔ RBI data Last synced · release v2.0.62

MICR code 762002530 belongs to State Bank of India, Simonbadi branch in Kandhamal, Odisha. The matching IFSC code is SBIN0007834.

How to read MICR 762002530

  • 762: the city code. It usually follows the first digits of the area's PIN code; here it is Kandhamal.
  • 002: the bank code, the same for every branch of State Bank of India in cheque clearing.
  • 530: 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 (SBIN0007834 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 762002530 belong to?

State Bank of India, Simonbadi branch (Kandhamal, Odisha).

What is the IFSC code for MICR 762002530?

SBIN0007834.

What do the digits of 762002530 mean?

762 is the city code, 002 the bank code and 530 the branch code.

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