MICR Code: 500002151

Bank: State Bank of India
IFSC Code: Sbin0013028
MICR Code: 500002151
Address: Laxmi Complex,1 St Floor, Neeligin Road, Hubli, Distdharwad 580020
City: Dharwad
District: Hubli
State: Karnataka

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 500002151.

  • In this case first three codes 500 is city code and it represents city Dharwad.
  • Next three characters 002 represents bank State Bank of India.
  • Remaining characters which are 151 represents branch. In our case branch is located at address Laxmi Complex,1 St Floor, Neeligin Road, Hubli, Distdharwad 580020.

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.