MICR Code: 520017302

Bank: Corporation Bank
IFSC Code: Corp0001809
MICR Code: 520017302
Address: 1-614/A, Shivan Commericial Complex, Vijayawada Main Road,( Goutam Buddha Road), Mangalagiri, Andhra Pradesh- 522503
City: Guntur
District: Mangalagiri
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 520017302.

  • In this case first three codes 520 is city code and it represents city Guntur.
  • Next three characters 017 represents bank Corporation Bank.
  • Remaining characters which are 302 represents branch. In our case branch is located at address 1-614/A, Shivan Commericial Complex, Vijayawada Main Road,( Goutam Buddha Road), Mangalagiri, Andhra Pradesh- 522503.

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.