MICR Code: 416002513

Bank: State Bank of India
IFSC Code: Sbin0012690
MICR Code: 416002513
Address: Vishram Bag, Vishram Bag, Ganpati Mandir Road, Sangli, Distsangli416416
City: Sangli
District: Pune
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 416002513.

  • 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 513 represents branch. In our case branch is located at address Vishram Bag, Vishram Bag, Ganpati Mandir Road, Sangli, Distsangli416416.

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.