MICR Code: 587751102

Bank: IDFC Bank Ltd
IFSC Code: Idfb0080332
MICR Code: 587751102
Address: Ground Floor, No.4026A/149, Yadawad Road, Sidrameshwar Nagar, Opp. Pwd Ib, Mudhol, Bagalkote, Karnataka
City: Bagalkote
District: Mudhol
State: Karnataka

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 587751102.

  • In this case first three codes 587 is city code and it represents city Bagalkote.
  • Next three characters 751 represents bank IDFC Bank Ltd.
  • Remaining characters which are 102 represents branch. In our case branch is located at address Ground Floor, No.4026A/149, Yadawad Road, Sidrameshwar Nagar, Opp. Pwd Ib, Mudhol, Bagalkote, Karnataka.

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.