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MICR code · Pali

MICR code 306002042

MICR code
306002042
State Bank of India, Chanchodi
✔ Verified in RBI list
Bank
State Bank of India
Branch
Chanchodi
IFSC
SBIN0032409
Address
NEAR BUS STAND,CHANCHODI,PIN 306115
City
Pali
District
Pali
State
Rajasthan
City code
306
Bank code
002
Branch code
042
Branch page
Quick summary✔ RBI data Last synced · release v2.0.62

MICR code 306002042 belongs to State Bank of India, Chanchodi branch in Pali, Rajasthan. The matching IFSC code is SBIN0032409.

How to read MICR 306002042

  • 306: the city code. It usually follows the first digits of the area's PIN code; here it is Pali.
  • 002: the bank code, the same for every branch of State Bank of India in cheque clearing.
  • 042: 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 (SBIN0032409 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 306002042 belong to?

State Bank of India, Chanchodi branch (Pali, Rajasthan).

What is the IFSC code for MICR 306002042?

SBIN0032409.

What do the digits of 306002042 mean?

306 is the city code, 002 the bank code and 042 the branch code.

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