MICR Code: 577002014

Bank: State Bank of India
IFSC Code: Sbin0008036
MICR Code: 577002014
Address: Dist Davangere, Karnatka 577551
City: Davanagare
District: Punyasthala
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 577002014.

  • In this case first three codes 577 is city code and it represents city Davanagare.
  • Next three characters 002 represents bank State Bank of India.
  • Remaining characters which are 014 represents branch. In our case branch is located at address Dist Davangere, Karnatka 577551.

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.