MICR Code: 160017019

Bank: Corporation Bank
IFSC Code: Corp0001876
MICR Code: 160017019
Address: Hotel Sandhu Residency, Ward No 10, Chandigarh- Patiala Road, Banur, Mohali 140601 Punjab
City: Patiala
District: Banur
State: Punjab

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 160017019.

  • In this case first three codes 160 is city code and it represents city Patiala.
  • Next three characters 017 represents bank Corporation Bank.
  • Remaining characters which are 019 represents branch. In our case branch is located at address Hotel Sandhu Residency, Ward No 10, Chandigarh- Patiala Road, Banur, Mohali 140601 Punjab.

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.