| MICR CODE | 491002523 |
|---|---|
| Bank | State Bank Of India |
| Branch | A D B Balod |
| IFSC Code | IFSC Code State Bank Of India |
| Address | Distt Durg, Chhattisgarh 491 226 |
| City | Balod |
| State | Chhattisgarh |
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).