MICR Code: 584004301

Bank: State Bank of Hyderabad
IFSC Code: Sbhy0020944
MICR Code: 584004301
Address: Jawaharnagar Raichur 584101
City: Raichur
District: Raichur
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 584004301.

  • In this case first three codes 584 is city code and it represents city Raichur.
  • Next three characters 004 represents bank State Bank of Hyderabad.
  • Remaining characters which are 301 represents branch. In our case branch is located at address Jawaharnagar Raichur 584101.

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.