MICR Code: 480002119

Bank: State Bank of India
IFSC Code: Sbin0007358
MICR Code: 480002119
Address: Chhindwara Madhya Pradesh 480441
City: Chhindwara
District: Chhindwara
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 480002119.

  • In this case first three codes 480 is city code and it represents city Chhindwara.
  • Next three characters 002 represents bank State Bank of India.
  • Remaining characters which are 119 represents branch. In our case branch is located at address Chhindwara Madhya Pradesh 480441.

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.