MICR Code: 452005037

Bank: State Bank of India
IFSC Code: Sbin0030416
MICR Code: 452005037
Address: Opp. Sethi Gate, Sukhniwas Road
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 452005037.

  • 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 037 represents branch. In our case branch is located at address Opp. Sethi Gate, Sukhniwas Road.

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.