MICR Code: 474002019

Bank: State Bank of India
IFSC Code: Sbin0010214
MICR Code: 474002019
Address: Maharaj Bada, Gwalior, Madhya Pradesh 474001
City: Gwalior
District: Gwalior
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 474002019.

  • In this case first three codes 474 is city code and it represents city Gwalior.
  • Next three characters 002 represents bank State Bank of India.
  • Remaining characters which are 019 represents branch. In our case branch is located at address Maharaj Bada, Gwalior, Madhya Pradesh 474001.

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.