MICR Code: 411017024

Bank: Corporation Bank
IFSC Code: Corp0001404
MICR Code: 411017024
Address: Saswad, Saswad 411001
City: Pune
District: Saswad
State: Maharashtra

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 411017024.

  • In this case first three codes 411 is city code and it represents city Pune.
  • Next three characters 017 represents bank Corporation Bank.
  • Remaining characters which are 024 represents branch. In our case branch is located at address Saswad, Saswad 411001.

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.