MICR Code Of State Bank Of India Ashta, Kolhapur, Maharashtra

MICR CODE 416002525
Bank State Bank Of India
Branch Ashta
IFSC Code IFSC Code State Bank Of India
Address Dist Kolhapurstate Maharashtra
City Kolhapur
State Maharashtra

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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).