MICR Code: 587015096

Bank: Canara Bank
IFSC Code: Cnrb0000536
MICR Code: 587015096
Address: 4/1332, Dandinpet, , Kamatgi , Bagalkot Dist, Karnataka - 587 120
City: Bagalkote
District: Kamatgi
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 587015096.

  • In this case first three codes 587 is city code and it represents city Bagalkote.
  • Next three characters 015 represents bank Canara Bank.
  • Remaining characters which are 096 represents branch. In our case branch is located at address 4/1332, Dandinpet, , Kamatgi , Bagalkot Dist, Karnataka - 587 120.

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.