MICR Code: 500002494

Bank: State Bank of India
IFSC Code: Sbin0011336
MICR Code: 500002494
Address: Opphyderabad Central University, Gachi Bowli
City: Hyderabad Urban
District: Gachibowli
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 500002494.

  • In this case first three codes 500 is city code and it represents city Hyderabad Urban.
  • Next three characters 002 represents bank State Bank of India.
  • Remaining characters which are 494 represents branch. In our case branch is located at address Opphyderabad Central University, Gachi Bowli.

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.