MICR Code: 388017501

Bank: Corporation Bank
IFSC Code: Corp0000399
MICR Code: 388017501
Address: Gram Panchayat Bldg., Main Road, Jinaj 388620
City: Anand
District: Jinaj
State: Gujarat

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 388017501.

  • In this case first three codes 388 is city code and it represents city Anand.
  • Next three characters 017 represents bank Corporation Bank.
  • Remaining characters which are 501 represents branch. In our case branch is located at address Gram Panchayat Bldg., Main Road, Jinaj 388620.

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.