MICR Code: 582002116

Bank: State Bank of India
IFSC Code: Sbin0002229
MICR Code: 582002116
Address: Apmc Yard, Shirahatti Tq., Distt. Gadag, Karnataka 582116
City: Gadak
District: Lakshmeshwar
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 582002116.

  • In this case first three codes 582 is city code and it represents city Gadak.
  • Next three characters 002 represents bank State Bank of India.
  • Remaining characters which are 116 represents branch. In our case branch is located at address Apmc Yard, Shirahatti Tq., Distt. Gadag, Karnataka 582116.

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.