MICR Code: 484002055

Bank: State Bank of India
IFSC Code: Sbin0012188
MICR Code: 484002055
Address: Market Area Branch, Shahdol, Old Ghandhi Road, Station Road, Shahdol, Distshahdol484001
City: Shahdol
District: Singhpur
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 484002055.

  • In this case first three codes 484 is city code and it represents city Shahdol.
  • Next three characters 002 represents bank State Bank of India.
  • Remaining characters which are 055 represents branch. In our case branch is located at address Market Area Branch, Shahdol, Old Ghandhi Road, Station Road, Shahdol, Distshahdol484001.

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.