MICR Code: 532053102

Bank: Karur Vysya Bank Limited
IFSC Code: Kvbl0001486
MICR Code: 532053102
Address: Palasa Cashew Manufactures Association Bulg, Indira Chowk, Main Road
City: Srikakulam
District: Palasa
State: Andhra Pradesh

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 532053102.

  • In this case first three codes 532 is city code and it represents city Srikakulam.
  • Next three characters 053 represents bank Karur Vysya Bank Limited.
  • Remaining characters which are 102 represents branch. In our case branch is located at address Palasa Cashew Manufactures Association Bulg, Indira Chowk, Main Road.

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.