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  2. All Bank's Branch Addresses and IFSC/MICR Codes
  3. State Bank of India
  4. Madhya Pradesh
  5. Indore
  6. Indore
  7. MICR: 400005046

MICR Code: 400005046

Bank: State Bank of India
IFSC Code: Sbin0030450
MICR Code: 400005046
Address: Sch. No 54,A.B. Road, Near Press Complex
City: Indore
District: Indore
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 400005046.

  • In this case first three codes 400 is city code and it represents city Indore.
  • Next three characters 005 represents bank State Bank of India.
  • Remaining characters which are 046 represents branch. In our case branch is located at address Sch. No 54,A.B. Road, Near Press Complex.

How to find micr code (for example 400005046) 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.