MICR Code: 492005004

Bank: State Bank of India
IFSC Code: Sbin0030285
MICR Code: 492005004
Address: Near Mahesh Cold Storage, Bhanpuri Chouk, Bilaspur Road
City: Raipur
District: Urla
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 492005004.

  • In this case first three codes 492 is city code and it represents city Raipur.
  • Next three characters 005 represents bank State Bank of India.
  • Remaining characters which are 004 represents branch. In our case branch is located at address Near Mahesh Cold Storage, Bhanpuri Chouk, Bilaspur Road.

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.