MICR Code Of State Bank Of India Terminus Building New Town, New Town, West Bengal

MICR CODE 700002429
Bank State Bank Of India
Branch Terminus Building New Town
IFSC Code IFSC Code State Bank Of India
Address Terminus Building New Town, Action Area 1. New Town, Rajarhat, Dist. North 24 Paraganas, Kolkata, West Bengal 700156
City New Town
State West Bengal

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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).