MICR Code: 502002321

Bank: State Bank of India
IFSC Code: Sbin0006634
MICR Code: 502002321
Address: Medak, Andhra Pradesh 502321
City: Medak
District: Digwal
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 502002321.

  • In this case first three codes 502 is city code and it represents city Medak.
  • Next three characters 002 represents bank State Bank of India.
  • Remaining characters which are 321 represents branch. In our case branch is located at address Medak, Andhra Pradesh 502321.

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.