MICR Code: 461002024

Bank: State Bank of India
IFSC Code: Sbin0012160
MICR Code: 461002024
Address: Vakratunda Complex, Opp Mpsrtc Bus Stand Krishnapuri, Dthoshangabad, Mp,461001
City: Hoshangabad
District: Hoshangabad
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 461002024.

  • In this case first three codes 461 is city code and it represents city Hoshangabad.
  • Next three characters 002 represents bank State Bank of India.
  • Remaining characters which are 024 represents branch. In our case branch is located at address Vakratunda Complex, Opp Mpsrtc Bus Stand Krishnapuri, Dthoshangabad, Mp,461001.

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.