MICR Code: 577052534

Bank: Karnataka Bank
IFSC Code: Karb0000308
MICR Code: 577052534
Address: Ist Floor, Anjaneya Building, Channagiri Road, Holehonnur, Pin - 577227
City: Shimoga
District: Holehonnur
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 577052534.

  • In this case first three codes 577 is city code and it represents city Shimoga.
  • Next three characters 052 represents bank Karnataka Bank.
  • Remaining characters which are 534 represents branch. In our case branch is located at address Ist Floor, Anjaneya Building, Channagiri Road, Holehonnur, Pin - 577227.

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.