MICR Code: 493002421

Bank: State Bank of India
IFSC Code: Sbin0005771
MICR Code: 493002421
Address: Distraipur Chattisgarh 493996
City: Raipur
District: Chhura
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 493002421.

  • In this case first three codes 493 is city code and it represents city Raipur.
  • Next three characters 002 represents bank State Bank of India.
  • Remaining characters which are 421 represents branch. In our case branch is located at address Distraipur Chattisgarh 493996.

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.