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

MICR CODE 160002034
Bank State Bank Of India
Branch Shfb Mohali
IFSC Code IFSC Code State Bank Of India
Address Sector No 32, C Phase, 8 Sector, 64 Mohali Punjab
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).