MICR Code: 585002416

Bank: State Bank of India
IFSC Code: Sbin0003824
MICR Code: 585002416
Address: Anand Bhavan Basavakalyan Tq Hulsoor Distt Bidar Karnataka 585416
City: Bidar
District: Hulsoor
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 585002416.

  • In this case first three codes 585 is city code and it represents city Bidar.
  • Next three characters 002 represents bank State Bank of India.
  • Remaining characters which are 416 represents branch. In our case branch is located at address Anand Bhavan Basavakalyan Tq Hulsoor Distt Bidar Karnataka 585416.

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.