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  2. All Bank's Branch Addresses and IFSC/MICR Codes
  3. State Bank of India
  4. Maharashtra
  5. Newaasa
  6. Ahmednagar
  7. MICR: 414002505

MICR Code: 414002505

Bank: State Bank of India
IFSC Code: Sbin0004287
MICR Code: 414002505
Address: Newaasa
City: Ahmednagar
District: Newaasa
State: Maharashtra

What is MICR Code?

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.

Details of MICR Code

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 414002505.

  • 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 505 represents branch. In our case branch is located at address Newaasa.

How to find micr code (for example 414002505) from bank account number?

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.