MICR Code: 242002029

Bank: State Bank of India
IFSC Code: Sbin0012335
MICR Code: 242002029
Address: Khudagunj, Hanuman Gali, Main Road, Block Katra Miranpur, Shahjahanpur 242305
City: Shahjahanpur
District: Khudagunj
State: Uttar Pradesh

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 242002029.

  • In this case first three codes 242 is city code and it represents city Shahjahanpur.
  • Next three characters 002 represents bank State Bank of India.
  • Remaining characters which are 029 represents branch. In our case branch is located at address Khudagunj, Hanuman Gali, Main Road, Block Katra Miranpur, Shahjahanpur 242305.

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.