MICR Code: 524002018

Bank: State Bank of India
IFSC Code: Sbin0006112
MICR Code: 524002018
Address: Nellore, Andhra Pradesh 524405
City: Nellore
District: Manubolu
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 524002018.

  • 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 018 represents branch. In our case branch is located at address Nellore, Andhra Pradesh 524405.

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.