MICR Code: 500004010

Bank: State Bank of Hyderabad
IFSC Code: Sbhy0020378
MICR Code: 500004010
Address: Agl. Research Inst, Himayat Nagar Rd, Budvel, Rajendranagar 500030
City: Hyderabad Urban
District: Hyderabad Urban
State: Andhra Pradesh

MICR is acronym of Magnetic Ink Character Recognition. Basically it is a character-recognition technology used by the banking industry to ease the processing and clearance of cheques and other documents.

Generally MICR code is nine character long. First three charaters represent city, next three charaters represents bank name and last three charaters represents bank branch.

Let's decode MICR code 500004010.

  • In this case first three codes 500 is city code and it represents city Hyderabad Urban.
  • Next three characters 004 represents bank State Bank of Hyderabad.
  • Remaining characters which are 010 represents branch. In our case branch is located at address Agl. Research Inst, Himayat Nagar Rd, Budvel, Rajendranagar 500030.

The easiest way to find MICR code is to check your

  1. Bank account statement
  2. Cheques

Please examine below sample cheque for more details

I hope this clears doubts.