MICR Code: 248002031

Bank: State Bank of India
IFSC Code: Sbin0010590
MICR Code: 248002031
Address: Indranagar, Dehradun Uttrakhand Pin 248001
City: New Delhi
District: Dehradun
State: Delhi

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 248002031.

  • In this case first three codes 248 is city code and it represents city New Delhi.
  • Next three characters 002 represents bank State Bank of India.
  • Remaining characters which are 031 represents branch. In our case branch is located at address Indranagar, Dehradun Uttrakhand Pin 248001.

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.