MICR Code: 575017023

Bank: Corporation Bank
IFSC Code: Corp0000255
MICR Code: 575017023
Address: Sri Durgadaya Bldg., Nr. Bus Stand, Padmanoor, Kinnigoli 574150
City: Dakshin Kannad
District: Kinnigoli
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 575017023.

  • In this case first three codes 575 is city code and it represents city Dakshin Kannad.
  • Next three characters 017 represents bank Corporation Bank.
  • Remaining characters which are 023 represents branch. In our case branch is located at address Sri Durgadaya Bldg., Nr. Bus Stand, Padmanoor, Kinnigoli 574150.

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.