MICR Code: 581086652

Bank: NKGSB Cooperative Bank Ltd
IFSC Code: Nkgs0000073
MICR Code: 581086652
Address: Ground Floor, Shree Hanuman Subhas Road, Near Gibb High School, Kumta- 581343
City: Uttar Kannad
District: Kumta
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 581086652.

  • In this case first three codes 581 is city code and it represents city Uttar Kannad.
  • Next three characters 086 represents bank NKGSB Cooperative Bank Ltd.
  • Remaining characters which are 652 represents branch. In our case branch is located at address Ground Floor, Shree Hanuman Subhas Road, Near Gibb High School, Kumta- 581343.

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.