MICR Code: 571017532

Bank: Corporation Bank
IFSC Code: Corp0000720
MICR Code: 571017532
Address: Venkateshwara Bldg., Gr. Floor, Nagamangala, Mysore Rd. Pandavapura 571434
City: Mandya
District: Pandavapura
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 571017532.

  • In this case first three codes 571 is city code and it represents city Mandya.
  • Next three characters 017 represents bank Corporation Bank.
  • Remaining characters which are 532 represents branch. In our case branch is located at address Venkateshwara Bldg., Gr. Floor, Nagamangala, Mysore Rd. Pandavapura 571434.

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.