MICR Code: 462002028

Bank: State Bank of India
IFSC Code: Sbin0006190
MICR Code: 462002028
Address: Mandideep Distt. Raisen, Madhya Pradesh 462 046
City: Raisen
District: Mandideep
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 462002028.

  • In this case first three codes 462 is city code and it represents city Raisen.
  • Next three characters 002 represents bank State Bank of India.
  • Remaining characters which are 028 represents branch. In our case branch is located at address Mandideep Distt. Raisen, Madhya Pradesh 462 046.

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.