1. Home
  2. All Bank's Branch Addresses and IFSC/MICR Codes
  3. State Bank of India
  4. Karnataka
  5. Basavana
  6. Bijapur
  7. MICR: 586002203

MICR Code: 586002203

Bank: State Bank of India
IFSC Code: Sbin0000782
MICR Code: 586002203
Address: Distbijapur Karnataka 586203
City: Bijapur
District: Basavana
State: Karnataka

What is MICR Code?

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.

Details of MICR Code

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 586002203.

  • In this case first three codes 586 is city code and it represents city Bijapur.
  • Next three characters 002 represents bank State Bank of India.
  • Remaining characters which are 203 represents branch. In our case branch is located at address Distbijapur Karnataka 586203.

How to find micr code (for example 586002203) from bank account number?

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.