MICR Code: 700004007
| Bank: State Bank of Hyderabad |
| IFSC Code: Sbhy0020833 |
| MICR Code: 700004007 |
| Address: 113, Poddar Point, Park Street, Calcutta,700016 |
| City: Kolkata |
| District: Kolkata |
| State: West Bengal |
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 700004007.
- In this case first three codes 700 is city code and it represents city Kolkata.
- Next three characters 004 represents bank State Bank of Hyderabad.
- Remaining characters which are 007 represents branch. In our case branch is located at address 113, Poddar Point, Park Street, Calcutta,700016.
The easiest way to find MICR code is to check your
- Bank account statement
- Cheques
Please examine below sample cheque for more details
I hope this clears doubts.