MICR Code: 497002361

Bank: State Bank of India
IFSC Code: Sbin0005792
MICR Code: 497002361
Address: Dist Koriya, Chhattisgarh 497778
City: Koriya
District: Koreacolliery
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 497002361.

  • In this case first three codes 497 is city code and it represents city Koriya.
  • Next three characters 002 represents bank State Bank of India.
  • Remaining characters which are 361 represents branch. In our case branch is located at address Dist Koriya, Chhattisgarh 497778.

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.