State Bank of India Rasmeccc Panvel (SBI)
Rasmeccc Panvel · Panvel, Maharashtra
400004614 is the MICR code for the Rasmeccc Panvel branch of State Bank of India, located in Panvel, Maharashtra. 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 SBIN0021117.
Bank
State Bank of India
Branch & Address
Rasmeccc Panvel
State Bank of India Rasmeccc Panvel, Sharda Terrace, Plot no 65, Sector 11, Opp K Star Hotel, CBD Belapur, Navi Mumbai 400614
Panvel, Panvel, Maharashtra
Contact
+912227576482MICR Code Structure
400
City
004
Bank
614
Branch
City code 400 identifies the RBI clearing centre, bank code 004 identifies State Bank of India, and branch code 614 identifies this specific branch.
Online Payment Methods Supported
Other State Bank of India (SBI) branches near Panvel
Other banks in Panvel, Maharashtra
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 (SBIN0021117) 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 400004614 is in the middle, and your account number is on the right.