MICR Code: 500002041

Bank: State Bank of India
IFSC Code: Sbin0002788
MICR Code: 500002041
Address: Rp Road Opp Arya Samad Building Secunderabad,500003
City: Hyderabad Urban
District: Hyderabad
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 500002041.

  • 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 041 represents branch. In our case branch is located at address Rp Road Opp Arya Samad Building Secunderabad,500003.

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.