MICR Code: 587004137

Bank: State Bank of Hyderabad
IFSC Code: Sbhy0020911
MICR Code: 587004137
Address: D No 130 Ward No 5 Govindpurgalli Mudhol 587313
City: Bagalkot
District: Bagalkot
State: Karnataka

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 587004137.

  • In this case first three codes 587 is city code and it represents city Bagalkot.
  • Next three characters 004 represents bank State Bank of Hyderabad.
  • Remaining characters which are 137 represents branch. In our case branch is located at address D No 130 Ward No 5 Govindpurgalli Mudhol 587313.

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.