MICR Code: 508002235

Bank: State Bank of India
IFSC Code: Sbin0008804
MICR Code: 508002235
Address: Nadigudem Mandal, Distt Nalgonda, A P 501000
City: Mehboobnagar
District: Nadigudem
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 508002235.

  • In this case first three codes 508 is city code and it represents city Mehboobnagar.
  • Next three characters 002 represents bank State Bank of India.
  • Remaining characters which are 235 represents branch. In our case branch is located at address Nadigudem Mandal, Distt Nalgonda, A P 501000.

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.