1. Home
  2. All Bank's Branch Addresses and IFSC/MICR Codes
  3. Corporation Bank
  4. Karnataka
  5. Sagar
  6. Shimoga
  7. MICR: 577017403

MICR Code: 577017403

Bank: Corporation Bank
IFSC Code: Corp0002142
MICR Code: 577017403
Address: Lic Bldg., Lic Compound, B.H. Road, Sagar 577401
City: Shimoga
District: Sagar
State: Karnataka

What is MICR Code?

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.

Details of MICR Code

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 577017403.

  • In this case first three codes 577 is city code and it represents city Shimoga.
  • Next three characters 017 represents bank Corporation Bank.
  • Remaining characters which are 403 represents branch. In our case branch is located at address Lic Bldg., Lic Compound, B.H. Road, Sagar 577401.

How to find micr code (for example 577017403) from bank account number?

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.