MICR Code: 590088003

Bank: Saraswat Cooperative Bank Ltd
IFSC Code: Srcb0000086
MICR Code: 590088003
Address: Mahalaxmi Plaza, Rpd Cross, Khanapur Road, Belgaum - 590 006.
City: Belgaum
District: Belgaum
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 590088003.

  • In this case first three codes 590 is city code and it represents city Belgaum.
  • Next three characters 088 represents bank Saraswat Cooperative Bank Ltd.
  • Remaining characters which are 003 represents branch. In our case branch is located at address Mahalaxmi Plaza, Rpd Cross, Khanapur Road, Belgaum - 590 006..

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.