MICR Code: 586052506

Bank: Karnataka Bank
IFSC Code: Karb0000172
MICR Code: 586052506
Address: No 3 Pandharpur Chadchan Road Opp Grama Panchayath Office, Chadchan, 586205, Indi Taluk
City: Bijapur
District: Chadchan
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 586052506.

  • In this case first three codes 586 is city code and it represents city Bijapur.
  • Next three characters 052 represents bank Karnataka Bank.
  • Remaining characters which are 506 represents branch. In our case branch is located at address No 3 Pandharpur Chadchan Road Opp Grama Panchayath Office, Chadchan, 586205, Indi Taluk.

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.