MICR Code: 500004030

Bank: State Bank of Hyderabad
IFSC Code: Sbhy0020601
MICR Code: 500004030
Address: Plot No 4179, Venture I, Sbh Colony, L B Nagar R R District
City: Ranga Reddy
District: Ranga Reddy
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 500004030.

  • In this case first three codes 500 is city code and it represents city Ranga Reddy.
  • Next three characters 004 represents bank State Bank of Hyderabad.
  • Remaining characters which are 030 represents branch. In our case branch is located at address Plot No 4179, Venture I, Sbh Colony, L B Nagar R R District.

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.