MICR Code: 500002080

Bank: State Bank of India
IFSC Code: Sbin0002687
MICR Code: 500002080
Address: Hyderabad, Distt. Medak, Andhra Pradesh 500 043
City: Medak
District: Dindigul
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 500002080.

  • In this case first three codes 500 is city code and it represents city Medak.
  • Next three characters 002 represents bank State Bank of India.
  • Remaining characters which are 080 represents branch. In our case branch is located at address Hyderabad, Distt. Medak, Andhra Pradesh 500 043.

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.