MICR Code: 583052507

Bank: Karnataka Bank
IFSC Code: Karb0000387
MICR Code: 583052507
Address: No.8-6-98/75-77, Raichur- Gangavathi Road, Karatagi - 583229
City: Koppal
District: Karatagi
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 583052507.

  • In this case first three codes 583 is city code and it represents city Koppal.
  • Next three characters 052 represents bank Karnataka Bank.
  • Remaining characters which are 507 represents branch. In our case branch is located at address No.8-6-98/75-77, Raichur- Gangavathi Road, Karatagi - 583229.

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.