MICR Code: 587052502

Bank: Karnataka Bank
IFSC Code: Karb0000528
MICR Code: 587052502
Address: Ground Floor, Ranna Circle, Lokapur Road, Mudhol - 587313.
City: Bagalkot
District: Mudhol
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 587052502.

  • In this case first three codes 587 is city code and it represents city Bagalkot.
  • Next three characters 052 represents bank Karnataka Bank.
  • Remaining characters which are 502 represents branch. In our case branch is located at address Ground Floor, Ranna Circle, Lokapur Road, Mudhol - 587313..

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.