MICR Code: 414002099

Bank: State Bank of India
IFSC Code: Sbin0007689
MICR Code: 414002099
Address: At Post Savedi, Ahmednagar, Maharashtra, Pin 414003
City: Ahmednagar
District: Savedi
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 414002099.

  • 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 099 represents branch. In our case branch is located at address At Post Savedi, Ahmednagar, Maharashtra, Pin 414003.

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.