MICR Code: 524002034

Bank: State Bank of India
IFSC Code: Sbin0012687
MICR Code: 524002034
Address: East Street, Chennur, Nellore District524406
City: Nellore
District: Chennur Bit
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 524002034.

  • In this case first three codes 524 is city code and it represents city Nellore.
  • Next three characters 002 represents bank State Bank of India.
  • Remaining characters which are 034 represents branch. In our case branch is located at address East Street, Chennur, Nellore District524406.

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.