MICR Code: 473002017

Bank: State Bank of India
IFSC Code: Sbin0010848
MICR Code: 473002017
Address: Aron, Main. Market, Gulab. Ganj, Aron, Distt. Guta, Madhya. Pradesh, Distguna473101
City: Ashoknagar
District: Aron
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 473002017.

  • In this case first three codes 473 is city code and it represents city Ashoknagar.
  • Next three characters 002 represents bank State Bank of India.
  • Remaining characters which are 017 represents branch. In our case branch is located at address Aron, Main. Market, Gulab. Ganj, Aron, Distt. Guta, Madhya. Pradesh, Distguna473101.

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.