Which bank does MICR code 422002003 belong to?

MICR code 422002003 belongs to State Bank of India, Satpur Ind Estate branch, located at P 24 Midc Area Satpur Distt Nasik Maharashtra 422007, Nashik, Maharashtra. The corresponding IFSC code is SBIN0003872.

What is the IFSC code for MICR 422002003?

The IFSC code for State Bank of India Satpur Ind Estate branch (MICR: 422002003) is SBIN0003872. 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 (422) represent the city/clearing centre, the next 3 digits (002) identify the bank, and the last 3 digits (003) identify the specific branch. For 422002003, the city code is 422, bank code is 002, and branch code is 003.

State Bank of India Satpur Ind Estate (SBI)

Satpur Ind Estate · Nashik, Maharashtra

New search

422002003

422002003 is the MICR code for the Satpur Ind Estate branch of State Bank of India, located in Nashik, 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 SBIN0003872.

Bank

State Bank of India

Branch & Address

Satpur Ind Estate

P 24 Midc Area Satpur Distt Nasik Maharashtra 422007

Nashik, Nashik, Maharashtra

Codes for this Branch

MICR (cheques)

422002003

IFSC (online transfers)

SBIN0003872

View

SWIFT / BIC

SBININBB368

MICR Code Structure

422

City

002

Bank

003

Branch

City code 422 identifies the RBI clearing centre, bank code 002 identifies State Bank of India, and branch code 003 identifies this specific branch.

Online Payment Methods Supported

NEFT

RTGS

IMPS

UPI

Other State Bank of India (SBI) branches near Nashik

Abhona Nashik, Maharashtra SBIN0005459 Adgaon Nashik, Maharashtra SBIN0012508 Air Force Station Deolali Nashik, Maharashtra SBIN0011435 Ambad Nashik, Maharashtra SBIN0010486 Andersule Nashik, Maharashtra SBIN0061454 Artillery Centre, Nasik Nashik, Maharashtra SBIN0011329

Other banks in Nashik, Maharashtra

Apna Sahakari Bank 1 branch AU Small Finance Bank 1 branch Axis Bank 28 branches Bandhan Bank 3 branches Bank of Baroda 15 branches Bank of India 2 branches Baramati Sahakari Bank 1 branch Bassein Catholic Co-operative Bank 2 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 (SBIN0003872) 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 422002003 is in the middle, and your account number is on the right.

View full branch details for IFSC SBIN0003872