State Bank of India Cac Paramana Layout, Nelamangala (SBI)
Cac Paramana Layout, Nelamangala · Nelamangala, Karnataka
562002304 is the MICR code for the Cac Paramana Layout, Nelamangala branch of State Bank of India, located in Nelamangala, Karnataka. 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 SBIN0061853.
Bank
State Bank of India
Branch & Address
Cac Paramana Layout, Nelamangala
No.690, Post Office Road, Nelamangala, Bangalore Rural District, Pin-562123
Nelamangala, Nelamangala, Karnataka
Contact
+919606437755MICR Code Structure
562
City
002
Bank
304
Branch
City code 562 identifies the RBI clearing centre, bank code 002 identifies State Bank of India, and branch code 304 identifies this specific branch.
Online Payment Methods Supported
Other State Bank of India (SBI) branches near Nelamangala
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 (SBIN0061853) 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 562002304 is in the middle, and your account number is on the right.