MICR Code: 414004201

Bank: State Bank of Hyderabad
IFSC Code: Sbhy0020422
MICR Code: 414004201
Address: Premdan Bldg, Telikunt, Ahmedngr Dist, Ahmedngr
City: Ahmednagar
District: Ahmednagar
State: Maharashtra

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 414004201.

  • In this case first three codes 414 is city code and it represents city Ahmednagar.
  • Next three characters 004 represents bank State Bank of Hyderabad.
  • Remaining characters which are 201 represents branch. In our case branch is located at address Premdan Bldg, Telikunt, Ahmedngr Dist, Ahmedngr.

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.