Transit Number # 07182-294

Bank	State Bank of India (Canada) (SBIC)
Branch Name	Mississauga Branch
Routing Number	029407182
Transit Number (MICR)	07182-294
Address	1450 Meyerside Drive, Suite 100, Dixie Place
City	Mississauga
State	ON
Postal Code	L5T 2N5

Location Map of State Bank of India (Canada)
Mississauga,ON

State Bank of India (Canada)

Mississauga-ON

List of State Bank of India (Canada) Transit Numbers in Mississauga ( ON )

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What is the Routing Number?

A routing number identifies the financial institution and the branch to which a payment item is directed. Along with the account number, it is essential for delivering payments through the clearing system.

In Canada, there are two formats for routing numbers:

EFT Routing Number

An Electronic Fund Transactions (EFT) routing number is comprised of a three-digit financial institution number and a five-digit branch number, preceded by a "leading zero".
Example : 0XXXYYYYY

0 : Leading zero
YYY : Institution Number
XXXXX : Branch Number

The electronic routing number is used for routing electronic payment items, such as direct deposits and wire transfers.

MICR Number (Transit Number)

MICR Numbers or widely known as Transit Numbers are used in cheques processing. It appears on the bottom of negotiable instruments such as checks identifying the financial institution on which it was drawn.
A paper (MICR) routing number is comprised of a three-digit financial institution number and a five-digit branch number. It is encoded using magnetic ink on paper payment items (such as cheques).
Example : XXXXX-YYY

XXXXX : Branch Number
YYY : Institution Number

MICR stands for Magnetic Ink Character Recognition.