MICR Code: 518054002
| Bank: City Union Bank Ltd |
| IFSC Code: Ciub0000139 |
| MICR Code: 518054002 |
| Address: No 194, I Floor, Vii Cross, I Stage Indira Nagar, Bangalore 560038 |
| City: Bengaluru Urban |
| District: Bengaluru |
| 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 518054002.
- In this case first three codes 518 is city code and it represents city Bengaluru Urban.
- Next three characters 054 represents bank City Union Bank Ltd.
- Remaining characters which are 002 represents branch. In our case branch is located at address No 194, I Floor, Vii Cross, I Stage Indira Nagar, Bangalore 560038.
The easiest way to find MICR code is to check your
- Bank account statement
- Cheques
Please examine below sample cheque for more details
I hope this clears doubts.