MICR Code: 532017002

Bank: Corporation Bank
IFSC Code: Corp0001020
MICR Code: 532017002
Address: 7-3-18/11, Ramalakshman Junction, Srikakulam
City: Srikakulam
District: Srikakulam
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 532017002.

  • In this case first three codes 532 is city code and it represents city Srikakulam.
  • Next three characters 017 represents bank Corporation Bank.
  • Remaining characters which are 002 represents branch. In our case branch is located at address 7-3-18/11, Ramalakshman Junction, Srikakulam.

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.