MICR Code Of State Bank Of India Kandala, Mohali, Punjab

MICR CODE 160002061
Bank State Bank Of India
Branch Kandala
IFSC Code IFSC Code State Bank Of India
Address Near Temple Village Kandala,p.o.dharamgarh,distmohali140306
City Mohali
State Punjab

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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).