MICR Code: 500002148

Bank: State Bank of India
IFSC Code: Sbin0013062
MICR Code: 500002148
Address: Benaulim, Opp Holy Trinity Church, Salcete Goa, Distsouth Goa403716
City: South Goa
District: Benaulim
State: Goa

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 500002148.

  • In this case first three codes 500 is city code and it represents city South Goa.
  • Next three characters 002 represents bank State Bank of India.
  • Remaining characters which are 148 represents branch. In our case branch is located at address Benaulim, Opp Holy Trinity Church, Salcete Goa, Distsouth Goa403716.

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.