MICR Code: 584052503

Bank: Karnataka Bank
IFSC Code: Karb0000215
MICR Code: 584052503
Address: Plot No.4, Tmc No.8-1-258, Veerabhadreshwar Complex, Boranna Colony, Near Ambedkar Circle, Devadurga
City: Raichur
District: Devadurga
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 584052503.

  • In this case first three codes 584 is city code and it represents city Raichur.
  • Next three characters 052 represents bank Karnataka Bank.
  • Remaining characters which are 503 represents branch. In our case branch is located at address Plot No.4, Tmc No.8-1-258, Veerabhadreshwar Complex, Boranna Colony, Near Ambedkar Circle, Devadurga.

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.