MICR Code: 441002362
| Bank: State Bank of India |
| IFSC Code: Sbin0011588 |
| MICR Code: 441002362 |
| Address: C By O Laxmi Niwas Near Telephone Exchange, Main Road, Mul, Distchandrapur441224 |
| City: Nagpur |
| District: Mul |
| 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 441002362.
- In this case first three codes 441 is city code and it represents city Nagpur.
- Next three characters 002 represents bank State Bank of India.
- Remaining characters which are 362 represents branch. In our case branch is located at address C By O Laxmi Niwas Near Telephone Exchange, Main Road, Mul, Distchandrapur441224.
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.