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MICR code · Satara

MICR code 412002322

MICR code
412002322
State Bank of India, Panchgani
✔ Verified in RBI list
Bank
State Bank of India
Branch
Panchgani
IFSC
SBIN0011680
Address
PANCHGANI
City
Satara
District
Panchgani
State
Maharashtra
City code
412
Bank code
002
Branch code
322
Branch page
Quick summary✔ RBI data Last synced · release v2.0.62

MICR code 412002322 belongs to State Bank of India, Panchgani branch in Satara, Maharashtra. The matching IFSC code is SBIN0011680.

How to read MICR 412002322

  • 412: the city code. It usually follows the first digits of the area's PIN code; here it is Satara.
  • 002: the bank code, the same for every branch of State Bank of India in cheque clearing.
  • 322: 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 (SBIN0011680 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 412002322 belong to?

State Bank of India, Panchgani branch (Satara, Maharashtra).

What is the IFSC code for MICR 412002322?

SBIN0011680.

What do the digits of 412002322 mean?

412 is the city code, 002 the bank code and 322 the branch code.

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