State Bank of India Sedam New Town Branch (SBI)
Sedam New Town Branch · Semi Urban, Karnataka
585002069 is the MICR code for the Sedam New Town Branch branch of State Bank of India, located in Semi Urban, 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 SBIN0065224.
Bank
State Bank of India
Branch & Address
Sedam New Town Branch
Sedam Newtown Branchr V Complex Plot no 27 to 36 Udagi Road Sedam-585222
Semi Urban, Semi Urban, Karnataka
Contact
+919739762371MICR Code Structure
585
City
002
Bank
069
Branch
City code 585 identifies the RBI clearing centre, bank code 002 identifies State Bank of India, and branch code 069 identifies this specific branch.
Online Payment Methods Supported
Other State Bank of India (SBI) branches near Semi Urban
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 (SBIN0065224) 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 585002069 is in the middle, and your account number is on the right.