Sumitomo Mitsui Banking Corporation Mumbai
Mumbai · Mumbai, Maharashtra
400040002 is the MICR code for the Mumbai branch of Sumitomo Mitsui Banking Corporation, located in Mumbai, 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 SMBC0000002.
Bank
Sumitomo Mitsui Banking Corporation
Branch & Address
Mumbai
Unit 601, 6th Floor, Platina Building, Plot no C-59, Bandra Kurla Complex, Bandra East, Mumbai - 400051
Mumbai, Mumbai, Maharashtra
Contact
+912262295000MICR Code Structure
400
City
040
Bank
002
Branch
City code 400 identifies the RBI clearing centre, bank code 040 identifies Sumitomo Mitsui Banking Corporation, and branch code 002 identifies this specific branch.
Online Payment Methods Supported
Other Sumitomo Mitsui Banking Corporation branches near Mumbai
Other banks in Mumbai, 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 (SMBC0000002) 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 400040002 is in the middle, and your account number is on the right.