MICR Code: 492002008

Bank: State Bank of India
IFSC Code: Sbin0007237
MICR Code: 492002008
Address: Shankarnagar Raipur, Raipur, Madhya Pradesh, 492007 , Pin - 492007
City: Raipur
District: Raipur
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 492002008.

  • In this case first three codes 492 is city code and it represents city Raipur.
  • Next three characters 002 represents bank State Bank of India.
  • Remaining characters which are 008 represents branch. In our case branch is located at address Shankarnagar Raipur, Raipur, Madhya Pradesh, 492007 , Pin - 492007.

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.