MICR Code: 53002034

Bank: State Bank of India
IFSC Code: Sbin0002780
MICR Code: 53002034
Address: Dist Visakhapatnam Andhra Pradesh 531173
City: Vishakapatnam
District: Pendurti
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 53002034.

  • In this case first three codes 530 is city code and it represents city Vishakapatnam.
  • Next three characters 020 represents bank State Bank of India.

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.