MICR Code: 756002001

Bank: State Bank of India
IFSC Code: Sbin0000016
MICR Code: 756002001
Address: Balasore, Orissa-756001
City: Balasore
District: Balasore
State: Odisha

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 756002001.

  • In this case first three codes 756 is city code and it represents city Balasore.
  • Next three characters 002 represents bank State Bank of India.
  • Remaining characters which are 001 represents branch. In our case branch is located at address Balasore, Orissa-756001.

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.