MICR Code: 501004111

Bank: State Bank of Hyderabad
IFSC Code: Sbhy0020544
MICR Code: 501004111
Address: Via Vikarabad Nawabpet Teh Vikarabad 501111
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 501004111.

  • In this case first three codes 501 is city code and it represents city Ranga Reddy.
  • Next three characters 004 represents bank State Bank of Hyderabad.
  • Remaining characters which are 111 represents branch. In our case branch is located at address Via Vikarabad Nawabpet Teh Vikarabad 501111.

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.