MICR Code Of State Bank Of India Molagavalli, Alur, Andhra Pradesh

MICR CODE 518002563
Bank State Bank Of India
Branch Molagavalli
IFSC Code IFSC Code State Bank Of India
Address Dist Kurnool, A P 518401
City Alur
State Andhra Pradesh

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What is a MICR Code?

Magnetic Ink Character Recognition as printed on cheque book to facilitate the processing of cheques.

MICR code is a code printed on checks using MICR (Magnetic Ink Character Recognition) technology. The purpose of this code is to identify the cheques and which means faster processing. A MICR code is a 9-digit code that uniquely identifies the bank and branch participating in an Electronic Clearing System (ECS).