MICR Code: 415002538

Bank: State Bank of India
IFSC Code: Sbin0012486
MICR Code: 415002538
Address: Pusegaon Br, Sno7437 By 2, Pusegaonvaduj Road,A By P Satara Dist415502
City: Satara
District: Pusegaon
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 415002538.

  • In this case first three codes 415 is city code and it represents city Satara.
  • Next three characters 002 represents bank State Bank of India.
  • Remaining characters which are 538 represents branch. In our case branch is located at address Pusegaon Br, Sno7437 By 2, Pusegaonvaduj Road,A By P Satara Dist415502.

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.