MICR Code: 500004023

Bank: State Bank of Hyderabad
IFSC Code: Sbhy0020068
MICR Code: 500004023
Address: 20-3-421 To 423 And 425, Moosa Bowli, Hussaini Alam, Hyderabad
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 500004023.

  • 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 023 represents branch. In our case branch is located at address 20-3-421 To 423 And 425, Moosa Bowli, Hussaini Alam, Hyderabad.

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.