MICR Code: 524002099

Bank: State Bank of India
IFSC Code: Sbin0012957
MICR Code: 524002099
Address: Opp Agrasen Chattralaya, Ravinagar Square, Amravati Road, Nagpur
City: Nagpur
District: Nagpur
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 524002099.

  • In this case first three codes 524 is city code and it represents city Nagpur.
  • Next three characters 002 represents bank State Bank of India.
  • Remaining characters which are 099 represents branch. In our case branch is located at address Opp Agrasen Chattralaya, Ravinagar Square, Amravati Road, Nagpur.

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.