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MICR code · Beed

MICR code 431002536

MICR code
431002536
State Bank of India, Dhanegaon
✔ Verified in RBI list
Bank
State Bank of India
Branch
Dhanegaon
IFSC
SBIN0020665
Address
INRLTQKIJDITRICTEED
City
Beed
District
Beed
State
Maharashtra
City code
431
Bank code
002
Branch code
536
Branch page
Quick summary✔ RBI data Last synced · release v2.0.62

MICR code 431002536 belongs to State Bank of India, Dhanegaon branch in Beed, Maharashtra. The matching IFSC code is SBIN0020665.

How to read MICR 431002536

  • 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.
  • 536: 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 (SBIN0020665 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 431002536 belong to?

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

What is the IFSC code for MICR 431002536?

SBIN0020665.

What do the digits of 431002536 mean?

431 is the city code, 002 the bank code and 536 the branch code.

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