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MICR code · Anand

MICR code 388002071

MICR code
388002071
State Bank of India, Borsad
✔ Verified in RBI list
Bank
State Bank of India
Branch
Borsad
IFSC
SBIN0000299
Address
DISTANAND GUJARAT 388540
City
Anand
District
Borsad
State
Gujarat
City code
388
Bank code
002
Branch code
071
Branch page
Quick summary✔ RBI data Last synced · release v2.0.62

MICR code 388002071 belongs to State Bank of India, Borsad branch in Anand, Gujarat. The matching IFSC code is SBIN0000299.

How to read MICR 388002071

  • 388: the city code. It usually follows the first digits of the area's PIN code; here it is Anand.
  • 002: the bank code, the same for every branch of State Bank of India in cheque clearing.
  • 071: 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 (SBIN0000299 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 388002071 belong to?

State Bank of India, Borsad branch (Anand, Gujarat).

What is the IFSC code for MICR 388002071?

SBIN0000299.

What do the digits of 388002071 mean?

388 is the city code, 002 the bank code and 071 the branch code.

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