Which bank does MICR code 411002952 belong to?

MICR code 411002952 belongs to State Bank of India, Trade Finance Central Processing Centre, Pune branch, located at Pune Maharshtra, Pune, Maharashtra. The corresponding IFSC code is SBIN0005068.

What is the IFSC code for MICR 411002952?

The IFSC code for State Bank of India Trade Finance Central Processing Centre, Pune branch (MICR: 411002952) is SBIN0005068. Use the IFSC code for NEFT, RTGS, IMPS, and UPI transfers. Use the MICR code for cheque clearance.

What do the digits in a MICR code mean?

A 9-digit MICR code has three parts: the first 3 digits (411) represent the city/clearing centre, the next 3 digits (002) identify the bank, and the last 3 digits (952) identify the specific branch. For 411002952, the city code is 411, bank code is 002, and branch code is 952.

State Bank of India Trade Finance Central Processing Centre, Pune (SBI)

Trade Finance Central Processing Centre, Pune · Pune, Maharashtra

New search

411002952

411002952 is the MICR code for the Trade Finance Central Processing Centre, Pune branch of State Bank of India, located in Pune, 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 SBIN0005068.

Bank

State Bank of India

Branch & Address

Trade Finance Central Processing Centre, Pune

Pune Maharshtra

Pune, Pune, Maharashtra

Codes for this Branch

MICR (cheques)

411002952

IFSC (online transfers)

SBIN0005068

View

SWIFT / BIC

SBININBB600

MICR Code Structure

411

City

002

Bank

952

Branch

City code 411 identifies the RBI clearing centre, bank code 002 identifies State Bank of India, and branch code 952 identifies this specific branch.

Online Payment Methods Supported

NEFT

RTGS

IMPS

UPI

Other State Bank of India (SBI) branches near Pune

Adb Indapur Pune, Maharashtra SBIN0006793 Adb Junnar Pune, Maharashtra SBIN0006443 Afs Lohegaon Pune, Maharashtra SBIN0015578 Agriculture Comm. Branch, Pune Pune, Maharashtra SBIN0014473 Ahmednagar Camp Pune, Maharashtra SBIN0013296 Airport Road Pune, Maharashtra SBIN0065423

Other banks in Pune, Maharashtra

Abhyudaya Co-operative Bank 12 branches Ahmednagar Merchants Co-operative Bank 3 branches Ajara Urban Co-operative Bank 2 branches Ambarnath Jai-hind Co-operative Bank 2 branches Ankola Urban Co-operative Bank 1 branch Apna Sahakari Bank 1 branch AU Small Finance Bank 19 branches Axis Bank 124 branches

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 (SBIN0005068) 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 411002952 is in the middle, and your account number is on the right.

View full branch details for IFSC SBIN0005068