MICR Code: 431004003

Bank: State Bank of Hyderabad
IFSC Code: Sbhy0020958
MICR Code: 431004003
Address: Sai Shankar Bldg Kotwalpura Road Khadkeshwar Aurangabad 431001
City: Aurangabad
District: Aurangabad
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 431004003.

  • In this case first three codes 431 is city code and it represents city Aurangabad.
  • Next three characters 004 represents bank State Bank of Hyderabad.
  • Remaining characters which are 003 represents branch. In our case branch is located at address Sai Shankar Bldg Kotwalpura Road Khadkeshwar Aurangabad 431001.

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.