MICR Code: 414004204

Bank: State Bank of Hyderabad
IFSC Code: Sbhy0020036
MICR Code: 414004204
Address: 607 Main Road Patoda 414204
City: Beed
District: Beed
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 414004204.

  • In this case first three codes 414 is city code and it represents city Beed.
  • Next three characters 004 represents bank State Bank of Hyderabad.
  • Remaining characters which are 204 represents branch. In our case branch is located at address 607 Main Road Patoda 414204.

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.