MICR Code: 462005023

Bank: State Bank of India
IFSC Code: Sbin0030529
MICR Code: 462005023
Address: District Court Campus, Arera Hills, Bhopal
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 462005023.

  • 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 023 represents branch. In our case branch is located at address District Court Campus, Arera Hills, Bhopal.

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.