MICR Code: 581019005

Bank: Indian Bank
IFSC Code: Idib000s042
MICR Code: 581019005
Address: Chanapatan Bazar, Sirsi, Uttar Kannad Dist., Pin 581401
City: Uttara Kannada
District: Sirsi
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 581019005.

  • In this case first three codes 581 is city code and it represents city Uttara Kannada.
  • Next three characters 019 represents bank Indian Bank.
  • Remaining characters which are 005 represents branch. In our case branch is located at address Chanapatan Bazar, Sirsi, Uttar Kannad Dist., Pin 581401.

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.