SBM Bank Narimanpoint-mumbai
Narimanpoint-mumbai · Maharashtra, Maharashtra
400332002 is the MICR code for the Narimanpoint-mumbai branch of SBM Bank, located in Maharashtra, 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 STCB0000001.
Bank
SBM Bank
Branch & Address
Narimanpoint-mumbai
101, Raheja Centre 1st Floor, Free Press Journal Road, Narimanpoint Mumbai 400021
Maharashtra, Mumbai, Maharashtra
Contact
+912243028826MICR Code Structure
400
City
332
Bank
002
Branch
City code 400 identifies the RBI clearing centre, bank code 332 identifies SBM Bank, and branch code 002 identifies this specific branch.
Online Payment Methods Supported
Other SBM Bank branches near Maharashtra
Other banks in Maharashtra, 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 (STCB0000001) 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 400332002 is in the middle, and your account number is on the right.