State Bank of India Bam (SBI)
Bam · Muktsar, Punjab
152002181 is the MICR code for the Bam branch of State Bank of India, located in Muktsar, Punjab. 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 SBIN0009228.
Bank
State Bank of India
Branch & Address
Bam
Dist Muktsar, Punjab 1
Muktsar, Muktsar, Punjab
MICR Code Structure
152
City
002
Bank
181
Branch
City code 152 identifies the RBI clearing centre, bank code 002 identifies State Bank of India, and branch code 181 identifies this specific branch.
Online Payment Methods Supported
Other State Bank of India (SBI) branches near Muktsar
Other banks in Muktsar, Punjab
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 (SBIN0009228) 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 152002181 is in the middle, and your account number is on the right.