MICR Code: 500017022

Bank: Corporation Bank
IFSC Code: Corp0000900
MICR Code: 500017022
Address: D. No.13-241, Main Road N.H No.;7, Medchal 501401
City: Rangareddy
District: Medchal
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 500017022.

  • In this case first three codes 500 is city code and it represents city Rangareddy.
  • Next three characters 017 represents bank Corporation Bank.
  • Remaining characters which are 022 represents branch. In our case branch is located at address D. No.13-241, Main Road N.H No.;7, Medchal 501401.

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.