MICR Code: 505004505

Bank: State Bank of Hyderabad
IFSC Code: Sbhy0020477
MICR Code: 505004505
Address: Utoor Teh Karimnagar
City: Karim Nagar
District: Karim Nagar
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 505004505.

  • In this case first three codes 505 is city code and it represents city Karim Nagar.
  • Next three characters 004 represents bank State Bank of Hyderabad.
  • Remaining characters which are 505 represents branch. In our case branch is located at address Utoor Teh Karimnagar.

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.