MICR Code: 582052502

Bank: Karnataka Bank
IFSC Code: Karb0000531
MICR Code: 582052502
Address: P.N. Dharwad Commercial Complex, Ist Floor, Main Market Road, Navalgund, Pin - 582208
City: Dharwad
District: Navalgund
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 582052502.

  • In this case first three codes 582 is city code and it represents city Dharwad.
  • Next three characters 052 represents bank Karnataka Bank.
  • Remaining characters which are 502 represents branch. In our case branch is located at address P.N. Dharwad Commercial Complex, Ist Floor, Main Market Road, Navalgund, Pin - 582208.

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.