MICR Code: 508004248

Bank: State Bank of Hyderabad
IFSC Code: Sbhy0020179
MICR Code: 508004248
Address: Devarakonda
City: Nalgonda
District: Nalgonda
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 508004248.

  • In this case first three codes 508 is city code and it represents city Nalgonda.
  • Next three characters 004 represents bank State Bank of Hyderabad.
  • Remaining characters which are 248 represents branch. In our case branch is located at address Devarakonda.

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.