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  2. All Bank's Branch Addresses and IFSC/MICR Codes
  3. State Bank of India
  4. Madhya Pradesh
  5. Jaora
  6. Sagar
  7. MICR: 457002014

MICR Code: 457002014

Bank: State Bank of India
IFSC Code: Sbin0012177
MICR Code: 457002014
Address: Jaora,36 Drkatju Marg, Pipli Bazar, Jaora Distt Ratlam Mp, Distratlam457226
City: Sagar
District: Jaora
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 457002014.

  • In this case first three codes 457 is city code and it represents city Sagar.
  • Next three characters 002 represents bank State Bank of India.
  • Remaining characters which are 014 represents branch. In our case branch is located at address Jaora,36 Drkatju Marg, Pipli Bazar, Jaora Distt Ratlam Mp, Distratlam457226.

How to find micr code (for example 457002014) 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.