Which bank does MICR code 110002228 belong to?

MICR code 110002228 belongs to State Bank of India, Commercial Branch, Nehru Place, New Delhi branch, located at Comm Branch, Nehru Place, Iind Floor, Vardhman Trade Centre Bldg., Nehru Place - 110 019, New Delhi, Delhi. The corresponding IFSC code is SBIN0004298.

What is the IFSC code for MICR 110002228?

The IFSC code for State Bank of India Commercial Branch, Nehru Place, New Delhi branch (MICR: 110002228) is SBIN0004298. Use the IFSC code for NEFT, RTGS, IMPS, and UPI transfers. Use the MICR code for cheque clearance.

What do the digits in a MICR code mean?

A 9-digit MICR code has three parts: the first 3 digits (110) represent the city/clearing centre, the next 3 digits (002) identify the bank, and the last 3 digits (228) identify the specific branch. For 110002228, the city code is 110, bank code is 002, and branch code is 228.

State Bank of India Commercial Branch, Nehru Place, New Delhi (SBI)

Commercial Branch, Nehru Place, New Delhi · New Delhi, Delhi

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110002228

110002228 is the MICR code for the Commercial Branch, Nehru Place, New Delhi branch of State Bank of India, located in New Delhi, Delhi. MICR codes are printed on cheque leaves and used by the RBI's Cheque Truncation System (CTS) for cheque clearing. For online transfers, use the IFSC code SBIN0004298.

Bank

State Bank of India

Branch & Address

Commercial Branch, Nehru Place, New Delhi

Comm Branch, Nehru Place, Iind Floor, Vardhman Trade Centre Bldg., Nehru Place - 110 019

New Delhi, New Delhi, Delhi

Codes for this Branch

MICR (cheques)

110002228

IFSC (online transfers)

SBIN0004298

View

SWIFT / BIC

SBININBB191

MICR Code Structure

110

City

002

Bank

228

Branch

City code 110 identifies the RBI clearing centre, bank code 002 identifies State Bank of India, and branch code 228 identifies this specific branch.

Online Payment Methods Supported

NEFT

RTGS

IMPS

UPI

Other State Bank of India (SBI) branches near New Delhi

Adb Najafgarh New Delhi, Delhi SBIN0001419 Adb Sonipat New Delhi, Haryana SBIN0003853 Afs Tuglakabad, New Delhi New Delhi, Delhi SBIN0003857 Agcr Building , Ito New Delhi, Delhi SBIN0011780 Agv Complex New Delhi, Delhi SBIN0007407 Aicholi New Delhi, Uttarakhand SBIN0011328

Other banks in New Delhi, Delhi

AU Small Finance Bank 9 branches Axis Bank 94 branches Bandhan Bank 15 branches Bank of America 1 branch Bank of Bahrein and Kuwait 1 branch Bank of Baroda 54 branches Bank of India 91 branches Bank of Maharashtra 6 branches

About MICR Codes

What is a MICR code used for?

MICR (Magnetic Ink Character Recognition) codes are printed on cheque leaves using special magnetic ink. They are read by cheque processing machines and used by the RBI's Cheque Truncation System (CTS) to process and clear cheque payments between banks. Each MICR code uniquely identifies a bank branch for cheque clearing purposes.

MICR vs IFSC — when do I use which?

Use MICR when paying by cheque — it's already printed on your cheque leaf and used automatically during clearing. Use IFSC (SBIN0004298) when making online transfers via NEFT, RTGS, IMPS, or UPI — banks ask for IFSC when you add a beneficiary for online payments.

Where is the MICR code on a cheque?

The MICR code is printed at the bottom of every cheque leaf in a distinctive machine-readable font, using magnetic ink. It appears in the centre of the three numbers at the bottom — the cheque number is on the left, the MICR code 110002228 is in the middle, and your account number is on the right.

View full branch details for IFSC SBIN0004298