MICR Code: 560017059

Bank: Corporation Bank
IFSC Code: Corp0002149
MICR Code: 560017059
Address: S Nijalingappa Medical College Comm. Complex, Navanagar Bagalkot 587102
City: Bagalkote
District: Bagalkot
State: Karnataka

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 560017059.

  • In this case first three codes 560 is city code and it represents city Bagalkote.
  • Next three characters 017 represents bank Corporation Bank.
  • Remaining characters which are 059 represents branch. In our case branch is located at address S Nijalingappa Medical College Comm. Complex, Navanagar Bagalkot 587102.

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.