MICR Code: 520059102

Bank: The South Indian Bank Ltd
IFSC Code: Sibl0000378
MICR Code: 520059102
Address: Guntur Branch, Door No. 6-19/40-43 ,11 Th Lane , Main Road, Guntur , Andhra Pradesh, Pin-522002
City: Guntur
District: Guntur
State: Andhra 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 520059102.

  • In this case first three codes 520 is city code and it represents city Guntur.
  • Next three characters 059 represents bank The South Indian Bank Ltd.
  • Remaining characters which are 102 represents branch. In our case branch is located at address Guntur Branch, Door No. 6-19/40-43 ,11 Th Lane , Main Road, Guntur , Andhra Pradesh, Pin-522002.

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.