MICR Code: 576086002
| Bank: NKGSB Cooperative Bank Ltd |
| IFSC Code: Nkgs0000083 |
| MICR Code: 576086002 |
| Address: Anugraha Complex, Opp. North School, Corporation Bank Road, Badagupte, Udupi 567101 |
| City: Udipi |
| District: Udupi |
| 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 576086002.
- In this case first three codes 576 is city code and it represents city Udipi.
- Next three characters 086 represents bank NKGSB Cooperative Bank Ltd.
- Remaining characters which are 002 represents branch. In our case branch is located at address Anugraha Complex, Opp. North School, Corporation Bank Road, Badagupte, Udupi 567101.
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.