MICR Code: 518002401

Bank: State Bank of India
IFSC Code: Sbin0001023
MICR Code: 518002401
Address: Dist Kurnool, Andhra Pradesh 518401
City: Kurnool
District: Nandikotkur
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 518002401.

  • In this case first three codes 518 is city code and it represents city Kurnool.
  • Next three characters 002 represents bank State Bank of India.
  • Remaining characters which are 401 represents branch. In our case branch is located at address Dist Kurnool, Andhra Pradesh 518401.

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.