MICR Code: 452005014

Bank: State Bank of India
IFSC Code: Sbin0030107
MICR Code: 452005014
Address: Kothari Market
City: Indore
District: Indore
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 452005014.

  • In this case first three codes 452 is city code and it represents city Indore.
  • Next three characters 005 represents bank State Bank of India.
  • Remaining characters which are 014 represents branch. In our case branch is located at address Kothari Market.

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.