Which bank does MICR code 638002020 belong to?

MICR code 638002020 belongs to State Bank of India, Sme Branch, Erode branch, located at State Bank Buildings, First Floor, No4, State Bank Road, Erode 638001, Erode, Tamil Nadu. The corresponding IFSC code is SBIN0012777.

What is the IFSC code for MICR 638002020?

The IFSC code for State Bank of India Sme Branch, Erode branch (MICR: 638002020) is SBIN0012777. Use the IFSC code for NEFT, RTGS, IMPS, and UPI transfers. Use the MICR code for cheque clearance.

What do the digits in a MICR code mean?

A 9-digit MICR code has three parts: the first 3 digits (638) represent the city/clearing centre, the next 3 digits (002) identify the bank, and the last 3 digits (020) identify the specific branch. For 638002020, the city code is 638, bank code is 002, and branch code is 020.

State Bank of India Sme Branch, Erode (SBI)

Sme Branch, Erode · Erode, Tamil Nadu

New search

638002020

638002020 is the MICR code for the Sme Branch, Erode branch of State Bank of India, located in Erode, Tamil Nadu. 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 SBIN0012777.

Bank

State Bank of India

Branch & Address

Sme Branch, Erode

State Bank Buildings, First Floor, No4, State Bank Road, Erode 638001

Erode, Coimbatore, Tamil Nadu

Codes for this Branch

MICR (cheques)

638002020

IFSC (online transfers)

SBIN0012777

View

SWIFT / BIC

SBININBB461

MICR Code Structure

638

City

002

Bank

020

Branch

City code 638 identifies the RBI clearing centre, bank code 002 identifies State Bank of India, and branch code 020 identifies this specific branch.

Online Payment Methods Supported

NEFT

RTGS

IMPS

UPI

Other State Bank of India (SBI) branches near Erode

Ammapettai Erode, Tamil Nadu SBIN0002193 Arachalur Erode, Tamil Nadu SBIN0012478 Ayyansalai Erode, Tamil Nadu SBIN0009216 Bhavani Erode, Tamil Nadu SBIN0000971 Bhavanisagar Erode, Tamil Nadu SBIN0004871 Brahmana Peria Agraharam Erode, Tamil Nadu SBIN0002205

Other banks in Erode, Tamil Nadu

AU Small Finance Bank 4 branches Axis Bank 18 branches Bandhan Bank 2 branches Bank of Baroda 15 branches Bank of India 3 branches Bank of Maharashtra 4 branches Canara Bank 80 branches Catholic Syrian Bank 5 branches

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 (SBIN0012777) 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 638002020 is in the middle, and your account number is on the right.

View full branch details for IFSC SBIN0012777