State Bank of India Shivaji Circle (SBI)
Shivaji Circle · Bhavnagar, Gujarat
364002539 is the MICR code for the Shivaji Circle branch of State Bank of India, located in Bhavnagar, 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 SBIN0013539.
Bank
State Bank of India
Branch & Address
Shivaji Circle
Near Shivaji Circle, Panchwati Chowk, Subhashnagar, Bhavnagar 364002
Bhavnagar, Bhavnagar, Gujarat
Contact
+912782201563MICR Code Structure
364
City
002
Bank
539
Branch
City code 364 identifies the RBI clearing centre, bank code 002 identifies State Bank of India, and branch code 539 identifies this specific branch.
Online Payment Methods Supported
Other State Bank of India (SBI) branches near Bhavnagar
Other banks in Bhavnagar, 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 (SBIN0013539) 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 364002539 is in the middle, and your account number is on the right.