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  2. All Bank's Branch Addresses and IFSC/MICR Codes
  3. State Bank of India
  4. Madhya Pradesh
  5. Ajaigarh
  6. Panna
  7. MICR: 488002024

MICR Code: 488002024

Bank: State Bank of India
IFSC Code: Sbin0002817
MICR Code: 488002024
Address: Main Market, Distt. Panna, Madhya Pradesh 488220
City: Panna
District: Ajaigarh
State: Madhya Pradesh

What is MICR Code?

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.

Details of MICR Code

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 488002024.

  • In this case first three codes 488 is city code and it represents city Panna.
  • 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 Main Market, Distt. Panna, Madhya Pradesh 488220.

How to find micr code (for example 488002024) from bank account number?

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.