MICR Code: 160017007
Bank: Corporation Bank |
IFSC Code: Corp0001100 |
MICR Code: 160017007 |
Address: Paras Market Chandigarh Ambalal Road Dera Bassi Dist. Mohali Punjab |
City: Patiala |
District: Dera Bassi |
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 160017007.
- 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 007 represents branch. In our case branch is located at address Paras Market Chandigarh Ambalal Road Dera Bassi Dist. Mohali Punjab.
The easiest way to find MICR code is to check your
- Bank account statement
- Cheques
Please examine below sample cheque for more details

I hope this clears doubts.