MICR Code: 689017053

Bank: Corporation Bank
IFSC Code: Corp0000242
MICR Code: 689017053
Address: Ward No.7 Mithramadam Junction, Pandanad 689506
City: Alapuzha
District: Pandanad
State: Kerala

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 689017053.

  • In this case first three codes 689 is city code and it represents city Alapuzha.
  • Next three characters 017 represents bank Corporation Bank.
  • Remaining characters which are 053 represents branch. In our case branch is located at address Ward No.7 Mithramadam Junction, Pandanad 689506.

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.