MICR Code: 474004001

Bank: State Bank of Hyderabad
IFSC Code: Sbhy0020855
MICR Code: 474004001
Address: Mayur Market, Thatipur, Gwalior
City: Gwalior
District: Gwalior
State: Madhya 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 474004001.

  • In this case first three codes 474 is city code and it represents city Gwalior.
  • Next three characters 004 represents bank State Bank of Hyderabad.
  • Remaining characters which are 001 represents branch. In our case branch is located at address Mayur Market, Thatipur, Gwalior.

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.