State Bank of India Chikka Mandya (SBI)
Chikka Mandya · Mandya, Karnataka
571002544 is the MICR code for the Chikka Mandya branch of State Bank of India, located in Mandya, 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 SBIN0040972.
Bank
State Bank of India
Branch & Address
Chikka Mandya
No 544 by 9 Gopalapura Post
Mandya, Mandya, Karnataka
Contact
+918232220098MICR Code Structure
571
City
002
Bank
544
Branch
City code 571 identifies the RBI clearing centre, bank code 002 identifies State Bank of India, and branch code 544 identifies this specific branch.
Online Payment Methods Supported
Other State Bank of India (SBI) branches near Mandya
Other banks in Mandya, Karnataka
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 (SBIN0040972) 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 571002544 is in the middle, and your account number is on the right.