MICR Code: 524002923

Bank: State Bank of India
IFSC Code: Sbin0005327
MICR Code: 524002923
Address: Rapur Taluk, Distt Nellore, Ap 524409
City: Nellore
District: Kalichedu
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 524002923.

  • In this case first three codes 524 is city code and it represents city Nellore.
  • Next three characters 002 represents bank State Bank of India.
  • Remaining characters which are 923 represents branch. In our case branch is located at address Rapur Taluk, Distt Nellore, Ap 524409.

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.