MICR Code: 575002024

Bank: State Bank of India
IFSC Code: Sbin0005189
MICR Code: 575002024
Address: 270 Ward 2 Hotel Prakash Complex Anantha Shayana Karkala Distt Udipi Karnataka 574104
City: Udupi
District: Udupi
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 575002024.

  • In this case first three codes 575 is city code and it represents city Udupi.
  • Next three characters 002 represents bank State Bank of India.
  • Remaining characters which are 024 represents branch. In our case branch is located at address 270 Ward 2 Hotel Prakash Complex Anantha Shayana Karkala Distt Udipi Karnataka 574104.

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.