MICR Code: 462005016

Bank: State Bank of India
IFSC Code: Sbin0030405
MICR Code: 462005016
Address: B32, Kamla Nagar, Kotra Sultanabad
City: Bhopal
District: Bhopal
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 462005016.

  • In this case first three codes 462 is city code and it represents city Bhopal.
  • Next three characters 005 represents bank State Bank of India.
  • Remaining characters which are 016 represents branch. In our case branch is located at address B32, Kamla Nagar, Kotra Sultanabad.

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.