MICR Code: 507004107

Bank: State Bank of Hyderabad
IFSC Code: Sbhy0021984
MICR Code: 507004107
Address: Dno 3 1 238 6 9 Kothagudem 507101
City: Khammam
District: Kothagudem
State: Telangana

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 507004107.

  • In this case first three codes 507 is city code and it represents city Khammam.
  • Next three characters 004 represents bank State Bank of Hyderabad.
  • Remaining characters which are 107 represents branch. In our case branch is located at address Dno 3 1 238 6 9 Kothagudem 507101.

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.