MICR Code: 160017012

Bank: Corporation Bank
IFSC Code: Corp0001477
MICR Code: 160017012
Address: Scf : 22, New Motor Maket, New Bus Stand, Manimajra, Chandigarh-160101
City: Chandigarh
District: Mani Majra
State: Chandigarh

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 160017012.

  • In this case first three codes 160 is city code and it represents city Chandigarh.
  • Next three characters 017 represents bank Corporation Bank.
  • Remaining characters which are 012 represents branch. In our case branch is located at address Scf : 22, New Motor Maket, New Bus Stand, Manimajra, Chandigarh-160101.

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.