MICR Code: 524004299

Bank: State Bank of Hyderabad
IFSC Code: Sbhy0020897
MICR Code: 524004299
Address: 385 By 2A Arya Towers G T Road Dargametta Nellore P O Dargametta 52400
City: Nellore
District: Nellore
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 524004299.

  • In this case first three codes 524 is city code and it represents city Nellore.
  • Next three characters 004 represents bank State Bank of Hyderabad.
  • Remaining characters which are 299 represents branch. In our case branch is located at address 385 By 2A Arya Towers G T Road Dargametta Nellore P O Dargametta 52400.

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.