MICR Code: 494002154

Bank: State Bank of India
IFSC Code: Sbin0005504
MICR Code: 494002154
Address: Dist Kanker, Chhattisgarh 494335
City: Bastar
District: Kanker
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 494002154.

  • In this case first three codes 494 is city code and it represents city Bastar.
  • Next three characters 002 represents bank State Bank of India.
  • Remaining characters which are 154 represents branch. In our case branch is located at address Dist Kanker, Chhattisgarh 494335.

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.