MICR Code: 496002101

Bank: State Bank of India
IFSC Code: Sbin0001182
MICR Code: 496002101
Address: Dist Raigarh, Chattisgarh 496116
City: Raigarh
District: Dharamjaigarh
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 496002101.

  • In this case first three codes 496 is city code and it represents city Raigarh.
  • Next three characters 002 represents bank State Bank of India.
  • Remaining characters which are 101 represents branch. In our case branch is located at address Dist Raigarh, Chattisgarh 496116.

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.