MICR Code: 577002002

Bank: State Bank of India
IFSC Code: Sbin0001926
MICR Code: 577002002
Address: Modi Complex, Jail Road, Vinobhanagar, Shimoga, Karnataka
City: Shimoga
District: Shimoga
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 577002002.

  • In this case first three codes 577 is city code and it represents city Shimoga.
  • Next three characters 002 represents bank State Bank of India.
  • Remaining characters which are 002 represents branch. In our case branch is located at address Modi Complex, Jail Road, Vinobhanagar, Shimoga, Karnataka.

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.