MICR Code: 508002206

Bank: State Bank of India
IFSC Code: Sbin0006315
MICR Code: 508002206
Address: Huzurnagar Junction, Main Road Kodad, Distt. Nalgonda, Andhra Pradesh 508206
City: Nalgonda
District: Kodad
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 508002206.

  • In this case first three codes 508 is city code and it represents city Nalgonda.
  • Next three characters 002 represents bank State Bank of India.
  • Remaining characters which are 206 represents branch. In our case branch is located at address Huzurnagar Junction, Main Road Kodad, Distt. Nalgonda, Andhra Pradesh 508206.

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.