MICR Code: 580004075

Bank: State Bank of Hyderabad
IFSC Code: Sbhy0020824
MICR Code: 580004075
Address: Coen Road, Hubli 580020
City: Dharwad
District: Dharwad
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 580004075.

  • In this case first three codes 580 is city code and it represents city Dharwad.
  • Next three characters 004 represents bank State Bank of Hyderabad.
  • Remaining characters which are 075 represents branch. In our case branch is located at address Coen Road, Hubli 580020.

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.