MICR Code: 764002058

Bank: State Bank of India
IFSC Code: Sbin0002079
MICR Code: 764002058
Address: Kotpad
City: Koraput
District: Kotpad
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 764002058.

  • In this case first three codes 764 is city code and it represents city Koraput.
  • Next three characters 002 represents bank State Bank of India.
  • Remaining characters which are 058 represents branch. In our case branch is located at address Kotpad.

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.