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MICR code · Beed

MICR code 431002532

MICR code
431002532
State Bank of India, Mondha Beed
✔ Verified in RBI list
Bank
State Bank of India
Branch
Mondha Beed
IFSC
SBIN0021025
Address
ODEBIR
City
Beed
District
Beed
State
Maharashtra
City code
431
Bank code
002
Branch code
532
Branch page
Quick summary✔ RBI data Last synced · release v2.0.62

MICR code 431002532 belongs to State Bank of India, Mondha Beed branch in Beed, Maharashtra. The matching IFSC code is SBIN0021025.

How to read MICR 431002532

  • 431: the city code. It usually follows the first digits of the area's PIN code; here it is Beed.
  • 002: the bank code, the same for every branch of State Bank of India in cheque clearing.
  • 532: 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 (SBIN0021025 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 431002532 belong to?

State Bank of India, Mondha Beed branch (Beed, Maharashtra).

What is the IFSC code for MICR 431002532?

SBIN0021025.

What do the digits of 431002532 mean?

431 is the city code, 002 the bank code and 532 the branch code.

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