MICR Code: 413002864

Bank: State Bank of India
IFSC Code: Sbin0001974
MICR Code: 413002864
Address: Modani Building Near St Stand Distt Osmanabad Maharashtra 413501
City: Osmanabad
District: Osmanabad
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 413002864.

  • In this case first three codes 413 is city code and it represents city Osmanabad.
  • Next three characters 002 represents bank State Bank of India.
  • Remaining characters which are 864 represents branch. In our case branch is located at address Modani Building Near St Stand Distt Osmanabad Maharashtra 413501.

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.