MICR Code: 506002367

Bank: State Bank of India
IFSC Code: Sbin0006638
MICR Code: 506002367
Address: Dhoolimitta
City: Warangal
District: Dhoolimitta
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 506002367.

  • In this case first three codes 506 is city code and it represents city Warangal.
  • Next three characters 002 represents bank State Bank of India.
  • Remaining characters which are 367 represents branch. In our case branch is located at address Dhoolimitta.

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.