MICR Code Of State Bank Of India Parmagudi, Paramagudi, Tamil Nadu

MICR CODE 623002003
Bank State Bank Of India
Branch Parmagudi
IFSC Code IFSC Code State Bank Of India
Address 432 By 4 By 104, Mela Vaniar Street, P.b.no.1, Paramagudi-623707
City Paramagudi
State Tamil Nadu

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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).