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  2. All Bank's Branch Addresses and IFSC/MICR Codes
  3. State Bank of India
  4. Madhya Pradesh
  5. Chhindwara
  6. Chhindwara
  7. MICR: 480002123

MICR Code: 480002123

Bank: State Bank of India
IFSC Code: Sbin0010805
MICR Code: 480002123
Address: Wcl Campusprasanna Viharcolonyjurrey Minesrawanwara
City: Chhindwara
District: Chhindwara
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 480002123.

  • 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 123 represents branch. In our case branch is located at address Wcl Campusprasanna Viharcolonyjurrey Minesrawanwara.

How to find micr code (for example 480002123) 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.