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  2. All Bank's Branch Addresses and IFSC/MICR Codes
  3. State Bank of India
  4. Maharashtra
  5. Arag
  6. Sangli
  7. MICR: 416002763

MICR Code: 416002763

Bank: State Bank of India
IFSC Code: Sbin0002139
MICR Code: 416002763
Address: Tal Miraj, Distt Sangli, Maharashtra 416401
City: Sangli
District: Arag
State: Maharashtra

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 416002763.

  • In this case first three codes 416 is city code and it represents city Sangli.
  • Next three characters 002 represents bank State Bank of India.
  • Remaining characters which are 763 represents branch. In our case branch is located at address Tal Miraj, Distt Sangli, Maharashtra 416401.

How to find micr code (for example 416002763) 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.