MICR Code: 431004215

Bank: State Bank of Hyderabad
IFSC Code: Sbhy0020885
MICR Code: 431004215
Address: R 8 By 1624 By 1 Ausad Rd Ausa Rd Latur
City: Latur
District: Latur
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 431004215.

  • In this case first three codes 431 is city code and it represents city Latur.
  • Next three characters 004 represents bank State Bank of Hyderabad.
  • Remaining characters which are 215 represents branch. In our case branch is located at address R 8 By 1624 By 1 Ausad Rd Ausa Rd Latur.

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.