MICR Code: 415002579

Bank: State Bank of India
IFSC Code: Sbin0011132
MICR Code: 415002579
Address: Ist Floor, Mainik Manu Chambers, Chafal Road, Umbraj, Karad, Satara 415109
City: Satara
District: Umbraj
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 415002579.

  • 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 579 represents branch. In our case branch is located at address Ist Floor, Mainik Manu Chambers, Chafal Road, Umbraj, Karad, Satara 415109.

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.