1. Home
  2. All Bank's Branch Addresses and IFSC/MICR Codes
  3. Corporation Bank
  4. Andhra Pradesh
  5. Sangareddy
  6. Medak
  7. MICR: 500017030

MICR Code: 500017030

Bank: Corporation Bank
IFSC Code: Corp0001112
MICR Code: 500017030
Address: Plot No 10-70, Pothireddypally Cross Roads, Sangareddy, Medak District
City: Medak
District: Sangareddy
State: Andhra Pradesh

What is MICR Code?

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.

Details of MICR Code

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 500017030.

  • In this case first three codes 500 is city code and it represents city Medak.
  • Next three characters 017 represents bank Corporation Bank.
  • Remaining characters which are 030 represents branch. In our case branch is located at address Plot No 10-70, Pothireddypally Cross Roads, Sangareddy, Medak District.

How to find micr code (for example 500017030) from bank account number?

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.