MICR Code Of State Bank Of India Pbb Khandwa, Khandwa, Madhya Pradesh

MICR CODE 450002109
Bank State Bank Of India
Branch Pbb Khandwa
IFSC Code IFSC Code State Bank Of India
Address Opposite Amber Hotel, Anand Nagar, Main Road,east Nimar Madhya Pradesh-450001
City Khandwa
State Madhya 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).