MICR Code: 577013523

Bank: Bank of India
IFSC Code: Bkid0008981
MICR Code: 577013523
Address: Opp Petrol Bunk Main Road Venkateswara Camp Kempanahalli Pin Code 577544
City: Davangere
District: Davangere
State: Karnataka

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 577013523.

  • In this case first three codes 577 is city code and it represents city Davangere.
  • Next three characters 013 represents bank Bank of India.
  • Remaining characters which are 523 represents branch. In our case branch is located at address Opp Petrol Bunk Main Road Venkateswara Camp Kempanahalli Pin Code 577544.

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.