MICR Code: 416002954
Bank: State Bank of India |
IFSC Code: Sbin0007971 |
MICR Code: 416002954 |
Address: Dist Sangli, Maharashtra 416446 |
City: Sangli |
District: Miraj Kupwad |
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 416002954.
- 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 954 represents branch. In our case branch is located at address Dist Sangli, Maharashtra 416446.
The easiest way to find MICR code is to check your
- Bank account statement
- Cheques
Please examine below sample cheque for more details

I hope this clears doubts.