MICR Code: 490002010

Bank: State Bank of India
IFSC Code: Sbin0002833
MICR Code: 490002010
Address: Old Admin Building,P.O. Bhilai, Distdurg,490001
City: Durg
District: Bhilai
State: Chandigarh

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 490002010.

  • In this case first three codes 490 is city code and it represents city Durg.
  • Next three characters 002 represents bank State Bank of India.
  • Remaining characters which are 010 represents branch. In our case branch is located at address Old Admin Building,P.O. Bhilai, Distdurg,490001.

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.