State Bank of India Madhavpur Ghed (SBI)
Madhavpur Ghed · Porbandar, Gujarat
360002230 is the MICR code for the Madhavpur Ghed branch of State Bank of India, located in Porbandar, Gujarat. 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 SBIN0060469.
Bank
State Bank of India
Branch & Address
Madhavpur Ghed
Near Madhavray Temple, Madhav Chowk, Madhavpur Ghed, Distporbander
Porbandar, Madhavpur, Gujarat
Contact
+912862272111MICR Code Structure
360
City
002
Bank
230
Branch
City code 360 identifies the RBI clearing centre, bank code 002 identifies State Bank of India, and branch code 230 identifies this specific branch.
Online Payment Methods Supported
Other State Bank of India (SBI) branches near Porbandar
Other banks in Porbandar, Gujarat
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 (SBIN0060469) 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 360002230 is in the middle, and your account number is on the right.