MICR Code: 495002018

Bank: State Bank of India
IFSC Code: Sbin0012286
MICR Code: 495002018
Address: Nehru Nagar, Shanti Nagar, Near Sidh Shikher Aprtment, Distbilaspur 495001
City: Bilaspur
District: Bilaspur
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 495002018.

  • In this case first three codes 495 is city code and it represents city Bilaspur.
  • 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 Nehru Nagar, Shanti Nagar, Near Sidh Shikher Aprtment, Distbilaspur 495001.

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.