MICR Code: 500059002

Bank: The South Indian Bank Ltd
IFSC Code: Sibl0000128
MICR Code: 500059002
Address: Hyderabad Branch,4-1-938 , Vijay Mansion (1 St Floor) , Tilak Road, Hyderabad, Andhra Pradesh, Pin-500001
City: Hyderabad Urban
District: Hyderabad
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 500059002.

  • In this case first three codes 500 is city code and it represents city Hyderabad Urban.
  • Next three characters 059 represents bank The South Indian Bank Ltd.
  • Remaining characters which are 002 represents branch. In our case branch is located at address Hyderabad Branch,4-1-938 , Vijay Mansion (1 St Floor) , Tilak Road, Hyderabad, Andhra Pradesh, Pin-500001.

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.