MICR Code: 816002502

Bank: State Bank of India
IFSC Code: Sbin0002946
MICR Code: 816002502
Address: Dist Pakur, Jharkhand 816104
City: Pakur
District: Hiranpur
State: Jharkhand

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 816002502.

  • In this case first three codes 816 is city code and it represents city Pakur.
  • Next three characters 002 represents bank State Bank of India.
  • Remaining characters which are 502 represents branch. In our case branch is located at address Dist Pakur, Jharkhand 816104.

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.