MICR Code: 577019009

Bank: Indian Bank
IFSC Code: Idib000c025
MICR Code: 577019009
Address: Srinivas Mansion Holalkere Road 577501
City: Chitradurga
District: Chitradurga
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 577019009.

  • In this case first three codes 577 is city code and it represents city Chitradurga.
  • Next three characters 019 represents bank Indian Bank.
  • Remaining characters which are 009 represents branch. In our case branch is located at address Srinivas Mansion Holalkere Road 577501.

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.