State Bank of India Vaibhav Nagar Indore (SBI)
Vaibhav Nagar Indore · Indore, Madhya Pradesh
452002095 is the MICR code for the Vaibhav Nagar Indore branch of State Bank of India, located in Indore, Madhya Pradesh. 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 SBIN0017720.
Bank
State Bank of India
Branch & Address
Vaibhav Nagar Indore
Alok Nagar Kanadia Road Indore Disttindore Madhya Pradesh452018
Indore, Indore, Madhya Pradesh
Contact
+919826237274MICR Code Structure
452
City
002
Bank
095
Branch
City code 452 identifies the RBI clearing centre, bank code 002 identifies State Bank of India, and branch code 095 identifies this specific branch.
Online Payment Methods Supported
Other State Bank of India (SBI) branches near Indore
Other banks in Indore, Madhya Pradesh
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 (SBIN0017720) 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 452002095 is in the middle, and your account number is on the right.