MICR Code: 580086003
| Bank: NKGSB Cooperative Bank Ltd |
| IFSC Code: Nkgs0000078 |
| MICR Code: 580086003 |
| Address: Court Circle, Kalal Building, Next To Idbi Centre, Line Bazar, Dharwad 580 001 |
| City: Dharwad |
| District: Dharwad |
| 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 580086003.
- In this case first three codes 580 is city code and it represents city Dharwad.
- Next three characters 086 represents bank NKGSB Cooperative Bank Ltd.
- Remaining characters which are 003 represents branch. In our case branch is located at address Court Circle, Kalal Building, Next To Idbi Centre, Line Bazar, Dharwad 580 001.
The easiest way to find MICR code is to check your
- Bank account statement
- Cheques
Please examine below sample cheque for more details
I hope this clears doubts.