MICR Code: 414002627

Bank: State Bank of India
IFSC Code: Sbin0008421
MICR Code: 414002627
Address: Ambika Nagar, Pune Road, Dt Ahmednagar, Maharashtra 414108
City: Ahmednagar
District: Kedgaon
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 414002627.

  • In this case first three codes 414 is city code and it represents city Ahmednagar.
  • Next three characters 002 represents bank State Bank of India.
  • Remaining characters which are 627 represents branch. In our case branch is located at address Ambika Nagar, Pune Road, Dt Ahmednagar, Maharashtra 414108.

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.