State Bank of India Tikota (SBI)
Tikota · Vijayapura, Karnataka
586002023 is the MICR code for the Tikota branch of State Bank of India, located in Vijayapura, 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 SBIN0065175.
Bank
State Bank of India
Branch & Address
Tikota
State Bank of India Tikota Branch Property no 25 Gurki Complex, Athani Road Tikota - 586130 Taluk Tikota District Vijayapura
Vijayapura, Vijayapura, Karnataka
Contact
+917795676426MICR Code Structure
586
City
002
Bank
023
Branch
City code 586 identifies the RBI clearing centre, bank code 002 identifies State Bank of India, and branch code 023 identifies this specific branch.
Online Payment Methods Supported
Other State Bank of India (SBI) branches near Vijayapura
Other banks in Vijayapura, 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 (SBIN0065175) 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 586002023 is in the middle, and your account number is on the right.