State Bank of India COMMERCIAL BRANCH, NEHRU PLACE, NEW DELHI Branch NEW DELHI MICR code indicate many things about a particular banking operation. State Bank of India COMMERCIAL BRANCH, NEHRU PLACE, NEW DELHI Branch has many branches in NEW DELHI. MICR Code for State Bank of India COMMERCIAL BRANCH, NEHRU PLACE, NEW DELHI Branch NEW DELHI clearly shows its MICR Code allocated by RBI. All third party transactions and processing of any such kind can't be possible without MICR code. That is why MICR Code is considered so important in the banking transactions. Getting access to State Bank of India COMMERCIAL BRANCH, NEHRU PLACE, NEW DELHI Branch MICR codes NEW DELHI is not a big deal. It can be found out easily. The MICR Code of a particular bank indicates lots of things that it offers to account holders.