MICR Codes of Banks in India

Comments & Feedback


About Bank Code Finder

We at swiftifsccodes.com are your one-stop destination for finding all kinds of banking numbers, without concern for your geographical location. You may be in the United States, the United Kingdom, Australia, India or any other part of the world and may need to find the appropriate code to carry out a transaction. We offer a simple, quick and intuitive way to find different banking system codes on our website.


MICR Code or Magnetic Ink Character Recognition is a character recognition system used mostly by the banking industry for facilitating the processing of cheques. These characters are printed in special unique typefaces with magnetic ink. Iron oxide is the commonly used material and it requires a specially designed machine for reading these characters. These characters are mostly printed on the bottom of the cheque leaf. The code is required by the Reserve Bank of India (RBI) for identifying the bank and branch and clearing the cheque.

One of the simplest ways for finding the MICR Code of a bank is to start with the bank. The list can then be filtered by city, district and state. You could also search directly based on the branch's name, address or locality.

It is a highly reliable cheque clearing process that meets the international standards. It has also contributed to speeding up the speed of banking in India by reducing queue lines.

There are 9 digits in the MICR code. Each set of 3 digits signify different information about the bank and the transaction. The first 3 digits stand for the city — the city where the bank's branch is located. It will usually match with the PIN code system used in the Indian postal system. The second set of 3 digits represents the bank code and the third set the bank's branch code.

A typical example of an MICR code is 200002009. The first 3 digits, 200 represent the city code. The second set of 002 stands for the bank code (it helps in finding the name of the bank). The third set, 009 will represent the bank's branch code. The MICR code of the different banks can be checked by visiting the website of the Reserve Bank of India.

Manual cheques have always been marred with delays in clearing and human errors. The MICR code system helps in eliminating all these challenges. The code is printed on the cheque with a special magnetic ink. It is read by machine which makes the entire process of cheque clearance error free and fast.

The machine is known by different names, such as cheque sorting machine and reading machine. When the cheque is inserted, it will read the code and identify the branch. It will then activate the automatic clearing process.

This code is easily readable for the machine. It is so fine and clear that it can read it even if the code has some marks on it. The Reserve Bank of India reports that all banks in India are covered under the system. The MICR system has been part of the paper-less office movement. It has helped significantly reduce the amount of paperwork and manual work involved in the clearing process of cheques. Currently, this system processes more than 95% of the cheque volumes and amounts in the country.



Swift Code or the Society for Worldwide Interbank Financial Telecommunication code is a globally accepted identification system for banks. These codes are mostly used for carrying out international wire transfers and can have 8/11 alphanumeric characters. It was first authorized to be created by the International Organization of Standardization (IOS).

Read More

The IFSC Code or the Indian Financial System Code is an 11 character code that is used by the Reserve Bank of India for identifying all the bank branches which are part of the NEFT system in India. It is used for the electronic payment system applications like the NEFT (National Electronic Fund Transfer, RTGS and CFMS.

Read More

MICR Code or Magnetic Ink Character Recognition is a character recognition system used mostly by the banking industry for facilitating the processing of cheques. These characters are printed in special unique typefaces with magnetic ink. Iron oxide is the commonly used material and it requires a specially designed machine for reading these characters. These characters are mostly printed on the bottom of the cheque leaf. The code is required by the Reserve Bank of India (RBI) for identifying the bank and branch and clearing the cheque.

Read More

When it comes to making an international online payment, you will be required to provide a BIC code. It can often leave one confused as to what the Bic Codes refer to. These are the same as SWIFT codes. It is an international banking code for transfer of financial messages. The code is also used for identifying banks all across the world. BIC stands for Bank Identifier Code and SWIFT refers to the Society for Worldwide Interbank Financial Telecommunication.

Read More

The BSB Codes or Bank State Branch codes are 6-digit codes used for identifying banks and branches in Australia. If you want to transfer payments within Australia, you will need the account number and the BSB code of the recipient. Similarly, you will have to provide your own account number and BSB to the sender. As already mentioned, there are 6 digits in this code. The first 2 or 3 digits are used as bank identifier. This part of the code is used to process both electronic and paper-based transactions. However, it is not used in the case of payment card numbering.

Read More

Sort Codes are numbers assigned to bank branches and they are used mostly for the internal purposes of the bank. These codes will have 6 digits which are separated in sets of two's with hyphens. They are most widely used in the banking systems of the United Kingdom and Ireland.

Read More

Routing Numbers, also known as ABA Numbers or Routing Transfer Numbers are 9 digit numbers used by the banking system in the United States for identifying banks and financial institutions. This number system is used by the US banks for carrying out Automatic Clearing House and wire transfers. This includes various forms of transactions like direct deposits, electronic funds transfers, e-checks, tax payments, and direct payment against bills and much more.

Read More
Looking up..