MICR Code: 457002016

Bank: State Bank of India
IFSC Code: Sbin0012167
MICR Code: 457002016
Address: Khadi Bhawan, Opp Sir Pratap Utkrust Vidyalaya, Mp, Distalirajpur457887
City: Jhabua
District: Alirajpur
State: Madhya Pradesh

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 457002016.

  • In this case first three codes 457 is city code and it represents city Jhabua.
  • Next three characters 002 represents bank State Bank of India.
  • Remaining characters which are 016 represents branch. In our case branch is located at address Khadi Bhawan, Opp Sir Pratap Utkrust Vidyalaya, Mp, Distalirajpur457887.

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.