MICR Code: 509004324

Bank: State Bank of Hyderabad
IFSC Code: Sbhy0020194
MICR Code: 509004324
Address: D No 1 65 Ward No 1 Near Mahabubnagar Circle Kalwakurthy509324
City: Mehboobnagar
District: Mehboobnagar
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 509004324.

  • In this case first three codes 509 is city code and it represents city Mehboobnagar.
  • Next three characters 004 represents bank State Bank of Hyderabad.
  • Remaining characters which are 324 represents branch. In our case branch is located at address D No 1 65 Ward No 1 Near Mahabubnagar Circle Kalwakurthy509324.

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.