State Bank of India Racc Bhagalpur Fi and Mm (SBI)
Racc Bhagalpur Fi and Mm · Bahagalpur, Bihar
812002022 is the MICR code for the Racc Bhagalpur Fi and Mm branch of State Bank of India, located in Bahagalpur, Bihar. 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 SBIN0062807.
Bank
State Bank of India
Branch & Address
Racc Bhagalpur Fi and Mm
State Bank of India, Bhowesh Bhawan, 1st Floor, S. M. College Road, Chotti Khanjarpur, Bahagalpur 812001
Bahagalpur, Bahagalpur, Bihar
Contact
+916122209052MICR Code Structure
812
City
002
Bank
022
Branch
City code 812 identifies the RBI clearing centre, bank code 002 identifies State Bank of India, and branch code 022 identifies this specific branch.
Online Payment Methods Supported
Other State Bank of India (SBI) branches near Bahagalpur
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 (SBIN0062807) 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 812002022 is in the middle, and your account number is on the right.