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  2. All Bank's Branch Addresses and IFSC/MICR Codes
  3. State Bank of India
  4. Madhya Pradesh
  5. Augasod
  6. Sagar
  7. MICR: 470002314

MICR Code: 470002314

Bank: State Bank of India
IFSC Code: Sbin0010167
MICR Code: 470002314
Address: H No. C11, Flat No.1, Borl Township, Tehsil Bina, Distt. Sagar, Madhya Pradesh
City: Sagar
District: Augasod
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 470002314.

  • In this case first three codes 470 is city code and it represents city Sagar.
  • Next three characters 002 represents bank State Bank of India.
  • Remaining characters which are 314 represents branch. In our case branch is located at address H No. C11, Flat No.1, Borl Township, Tehsil Bina, Distt. Sagar, Madhya Pradesh.

How to find micr code (for example 470002314) 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.