MICR Code: 413002495

Bank: State Bank of India
IFSC Code: Sbin0003812
MICR Code: 413002495
Address: Ratnadeep Building, Distt Latur, Maharashtra 413519
City: Latur
District: Deoni
State: Maharashtra

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 413002495.

  • In this case first three codes 413 is city code and it represents city Latur.
  • Next three characters 002 represents bank State Bank of India.
  • Remaining characters which are 495 represents branch. In our case branch is located at address Ratnadeep Building, Distt Latur, Maharashtra 413519.

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.