MICR Code: 508002126

Bank: State Bank of India
IFSC Code: Sbin0011992
MICR Code: 508002126
Address: Building Of Appi Reddy Sathy Reddy, Hanumakonda Road, Bibi Nagar 508126
City: Nalgonda
District: Bibinagar
State: Andhra Pradesh

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 508002126.

  • In this case first three codes 508 is city code and it represents city Nalgonda.
  • Next three characters 002 represents bank State Bank of India.
  • Remaining characters which are 126 represents branch. In our case branch is located at address Building Of Appi Reddy Sathy Reddy, Hanumakonda Road, Bibi Nagar 508126.

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.