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  2. All Bank's Branch Addresses and IFSC/MICR Codes
  3. State Bank of Hyderabad
  4. Andhra Pradesh
  5. Nizamabad
  6. Nizamabad
  7. MICR: 503004005

MICR Code: 503004005

Bank: State Bank of Hyderabad
IFSC Code: Sbhy0020961
MICR Code: 503004005
Address: Pragati Bhavan Ntr X Roads Nizamabad 503102
City: Nizamabad
District: Nizamabad
State: Andhra Pradesh

What is MICR Code?

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.

Details of MICR Code

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 503004005.

  • In this case first three codes 503 is city code and it represents city Nizamabad.
  • Next three characters 004 represents bank State Bank of Hyderabad.
  • Remaining characters which are 005 represents branch. In our case branch is located at address Pragati Bhavan Ntr X Roads Nizamabad 503102.

How to find micr code (for example 503004005) from bank account number?

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.